The company is now run by Wallace McCains son, Michael McCain, who has overhauled the company quite a bit with significant job cuts and division sales. Designed by WEISS/MANFREDI, one of North America's leading . November 22, 2012, 10. Reisman is the founder and chief executive of the Canadian retail chain Indigo Books and Music. After moving to Toronto, she co-founded Paradigm Consulting, of which she was the managing director for seventeen years. This is a new area for the Apostolopoulus family and likely to further increase their wealth. This transformed Indigo into Canadas largest book retailer, She was born on August 28, 1948 and her birthplace is Montreal, Quebec. Reisman and Schwartz have given at least $5 million toward the design and construction of the Academy Museum of Motion Pictures in Los Angeles. The Centre sponsors an annual series of lectures. The Weston family made it big in the food industry and has a net worth of $13.55 billion. Thanks for contributing to The Canadian Encyclopedia. Extensively renovated by Joe Brennan in 2004. Come find out who it is. ft. technology hub in Toronto will add approximately 400 more positions to its payroll. The family did go through a tough time in 2016 but have slowly regained their strength. Find your friends on Facebook. Hospital affiliations include Fairmont Regional Medical Center. In Imagine It!,the documentary filmmakers behind Writing on the Wall, Fed Up, The Biggest Little Farm, The Social Dilemma, and the Academy Awardwinning An Inconvenient Truth highlight the need to change some of our food, clothing, and transportation habits and meaningfully lower our use of plastic, paper, water, and harmful chemicals. 2023 Women of Influence.All rights reserved. In an interview with Canadian Business in 2008, she recalled, at age 11, saving her allowance to join a book-of-the-month club and said she still had all her childhood books.She earned a bachelor's degree in social work from McGill University, and took a job as a youth caseworker. She serves on the boards of numerous organizations, including the Sinai Health System in Toronto and Onex Corporation. she switched careers and followed her family into business first joining . Reisman is reinventing the bookseller as a cultural department store, stocked with everything from meditation aids to American Girl dolls. On July 5, 2010, Reisman started to create an online petition to save an Iranian woman, Sakineh Ashtiani, from the death penalty by stoning. She is currently a Director of Onex Corporation and Mt. Designed for enterprising woman who want to get ahead of their career goals by taking a proactive approach. Heather M. Reisman serves as Director of the Company. They know a cleaner, healthier world is ours for the takingand to start, we just have to Imagine It! Laurie David and Heather Reisman are no strangers to exposing hard truths and helping audiences understand their part in bringing about change. This is your inheritance.. Crew. More Buzzing 2023. She is Chair and Chief Executive Officer of Indigo Books & Music Inc. Foods. immense success and grew rapidly throughout Canada, selling books, music and DVDs. Thomson Corporation was also once a major provider of education textbooks globally. Reisman was the executive producer of the popular 2014 American documentary Fed Up, which addressed childhood obesity in the United States. Indigo grew rapidly after its founding. In December 2017, he and wife were found dead at their home under suspicion conditions. There are 1 executives at Indigo Books & Music getting paid more, with Heather M. Reisman having the highest compensation of $1,016,873. a position it has retained ever since. Reisman was named 2011 Distinguished Retailer of the Year by the Retail Council of Canada, among being honoured with over a dozen awards for her successes. Born in Montreal in 1948, Reisman developed a love of reading at an early age. Major company holdings: Onex, Indigo Books & Music Sherman died in 2017. executive producer Larissa Rhodes . Meanwhile, Heather Reisman's transformation of Indigo is paying off. The regularly updated blog covers various topics, including business, culture, economy, and technology. This will be a two-tower All rights reserved. Her commitment to the State of Israel also includes funding education centers in Israel to advance scientific discovery and research in the country. The family also has real estate deals just south of the border in Michigan. Biography. The rich couple has done well in the financial market and reside in a multimillion-dollar home in the exclusive enclave of Rosedale. Indigo's Heather Reisman tells us why. Indigo Books and Music CEO Heather Reisman joins Amanda to discuss the company's ambitious and successful turn-around. She was born on August 28, 1948 and her birthplace is Montreal, Quebec. Reisman is a member of the Steering Committee of the Bilderberg Group,[14] and participated in all its conferences between 2002 and 2017. or. Designed to help you build your network, because you never know where that next connection takes you. Thank you for your time and attention today. Heather Reisman (b. Only recently, Apotex paid US$444 million in damages to competitors Sanofi and Bristol-Myers Squibb after losing a patent infringement case. Goldhar has a net worth of $2.4 billion that was primarily acquired through his success in real estate. Foods. SmithBooks) in a hostile takeover helmed by Schwartz, a merger and acquisition expert (see Chapters Bid). Change in rank from 2017: No change In 2006, Reisman founded the Indigo Love of Reading Foundation, whose mission is to enrich the libraries in under-resourced public schools. Mount Sinai Hospital announced in December 2013 that a transformational $15 million gift from Reisman and Schwartz would be used to "reshape emergency medicine" at the facility. [19][20], In May 2015, Reisman was inducted into the Canadian Business Hall of Fame. Emergency Centre. She was backed by the Onex Corporation, one of Canadas largest and most successful conglomerates, which was controlled by Gerry Schwartz (b. A Toronto real estate developer with a net worth of $2.3 billion. retrieved April 1, 2012. She has also raised funds for medical research and Jewish and Israeli organizations. Address: 227 Medical Park Drive, Bridgeport, WV 26330. Crew, Magna International, Williams-Sonoma, and Rogers Communications Inc. She has also been recently named editor-at-large of Huffington Post Canada. including Medicare and Medicaid. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Reisman has two children from her first marriage and two step-children from her marriage to Gerry Schwartz. He later partnered with Izzy Asper to start a buyout shop (Global Television was their first purchase) before striking out on his own with Onex in 1984. She drew praise and criticism in October 2001, after announcing that Indigo would not sell Hitlers Mein Kampf in its bookstores.Adams, James. He had a net worth of $3.3 billion. Heather Reisman (born August 28, 1948) is a Canadian businesswoman. Her father, Mark, was a real estate broker; her mother, Rose, owned a clothing store; her brother, Howard, operated a computer company. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. It inspires, supports, and offers easy ways to replace old, planet-hurting habits with new healthy ones. Reisman was born in 1948 to a Jewish family in Montreal, Quebec and educated at McGill University where she received a Bachelor of Social Work degree. retrieved April 1, 2012, In 1995, she was invited to become a frontline investor for Borders, the American book retailer, which was planning to enter the Canadian market. Our fourth . var richData = {"name":"Gerry Schwartz & Heather Reisman","assets":{"public":61,"private":8,"realEstate":2,"other":29,},"rankings":[{"year":"2018","rank":"29","netWorth":"3130000000",},{"year":"2017","rank":"29","netWorth":"2920000000",},{"year":"2016","rank":"32","netWorth":"2680000000",},{"year":"2015","rank":"32","netWorth":"2380000000",},{"year":"2014","rank":"30","netWorth":"2180000000",},{"year":"2013","rank":"39","netWorth":"1690000000",},{"year":"2012","rank":"36","netWorth":"1620000000",},{"year":"2011","rank":"40","netWorth":"1460000000",},]}. In 2005, Reisman and Schwartz established the HESEG Foundation to help former lone soldiers non-Israeli volunteers in the Israel Defense Forces settle and pursue education in Israel after their military service. Home to the Reisman Schwartz family. Log in or sign up for Facebook to connect with friends, family and people you know. They have also given major gifts to Mt. by a creative director, the studio creates lifestyle products, including table linens, picture frames and glassware. After leaving Cott, Heather Reisman was contacted by Borders, an American chain of bookstores, to act as a local partner for their expansion into Canada. The Best Books to Get Your Finances in Order, Books Based on Your Favorite Taylor Swift Era, Cook a Soul Food Holiday Meal With Rosie Mayes, Apr 06, 2021 [18], In March 2019, University of Toronto announced that Schwartz and Reisman were giving the university $100 million to build a 750,000-square foot innovation centre, through The Gerald Schwartz & Heather Reisman Foundation. By CB Staff As well as excelling in her role as CEO and chair of Indigo Books & Music Inc., Reisman is chair of the Board at Kobo Inc. By clicking Sign Up, I acknowledge that I have read and agree to Penguin Random House's Privacy Policy and Terms of Use and understand that Penguin Random House collects certain categories of personal information for the purposes listed in that policy, discloses, sells, or shares certain personal information and retains personal information in accordance with the policy. Reisman served as CEO of Cott Corp. before founding Indigo in 1996. In 1982, Schwartz married Heather Reisman, chief executive of Indigo Books and Music. In the 1990s, she saw an opportunity for large-format bookstores in Canada and established Indigo Books - turning it into the country's largest bookseller - and in 2009 she co-founded e-reading platform Kobo. [16][17], The Gerald Schwartz and Heather Reisman Foundation donated $5.3 million to St. Francis Xavier University in Antigonish, Nova Scotia in late 2018 to create scholarships, bursaries and increased recruitment of business students. She then headed Cott Corporation, a bottler of soft drinks, from 1992 to 1994. 10. If you're interested in hiring us for freelance journalism gigs, please contact us. Reisman has described Indigo as a haven for booklovers, a candy store for the mind and a spa for the soul, and a haven for the heart. Although until 2002 Indigo was reported never to have shown a profit, Reisman and Schwartz were said in 2001 by Canadian Business to be the thirty-fifth richest family in Canada, with a net worth of approximately 800 million dollars. Reisman was named 2011 Distinguished Retailer of the Year by the Retail Council of Canada, among being honoured with over a dozen awards for her successes. With the death of his father, Ken, in 2006 . Reisman has also been granted three honourary doctorate degrees from Mount Allison, Wilfried Laurier and Ryerson universities. is a handbook for those who want to begin or advance a journey toward living in better balance with our planet. Fidani also has a philanthropic side and has a special interest in health issues. This is where youll see your current point status and your earned rewards. In 2010, she received an honorary doctorate from Mount Allison University. Perhaps someday you will fall into a pile of riches and spend your days counting the loonies and toonies. Catherine Choi overcame addiction and it inspired her to create her international lifestyle goods company, SoYoung. retrieved April 1, 2012, Reisman has also served as a governor of the Toronto Stock Exchange and of McGill University. who was Canadas chief negotiator for the 1989 Canada-US Free Trade Agreement (see also Free Trade). [33] Two of the children are from her first marriage and two are step-children from her marriage to Schwartz. He is also the CEO of SmartCentres that have enjoyed significant success through Walmart Canada, and both have shown growth respectively. Her father, Mark, was a real estate developer; her mother, Rose, owned a clothing store; and her brother, Howard, founded computer company Time Systems. Language links are at the top of the page across from the title. Her first name is "Heather" and her . They have also given major gifts to Mt. Since its inception, the group has donated millions of books to over 3,000 Canadian public elementary school libraries.[15]. Heather Reisman - Founder . But there is much to do and so much innovation needed.. Following her divorce, she joined her brother Howards computer company as Almost every field of endeavour is ripe with opportunity to rethink, reimagine, rebuild and invent, she said. Born in Montreal in 1948, Heather Reisman was raised in a family of businesspeople. In fact, it is estimated that 27 billionaires live in Toronto. Rita Felder is an organic farming trailblazer in Canada heres how she took her company global. Help us elevate the voices of Jewish women. And her influence over whats coming next stretches far off the page. [27], She was named Retail Council of Canada's Distinguished Retailer of the Year (2011), and received the International Distinguished Entrepreneur Award (2003) from the University of Manitoba, Asper Business School. In the early 1990s, she did a brief stint as head of Cott Corporation, a soft drink company, where she learned she would prefer to sell a product she was passionate about. . crisis. In 2009 Reisman received an honorary doctorate Wilfrid Laurier University. The money will help create the Schwartz Reisman Innovation Centre. Heather Reisman is the founder, Chair and CEO of Indigo Inc., Canada's largest book, lifestyle and specialty kids' retailer and the host of the podcast, Well Said. In Imagine It!,the documentary filmmakers behind Writing on the Wall, Fed Up, The Biggest Little Farm, The Social Dilemma, and the Academy Awardwinning An Inconvenient Truth highlight the need to change some of our food, clothing, and transportation habits and meaningfully lower our use of plastic, paper, water, and harmful chemicals. On September 29, 1984, he married Robyn Meggison. Indigo grew rapidly after its founding. She is the co-founder and past Chair of Kobo, and was appointed an Officer of the Order of Canada in 2019. '" alt="" title="LiveInternet: number of pageviews and visitors'+ At her direction, Indigo in 2001 removed Mein Kampf from its shelves, sparking controversy around the issues of censorship and hate literature. Shalvi/Hyman Encyclopedia of Jewish Women. Reisman has rejected critics claim that HESEG supports war, stating that protestors have twisted the facts. Along the way, she became one of Canadas most recognized advocates for literacy and the joy of reading. Possibly the most powerful person in Canadas book publishing industry at the turn of the twenty-first century and certainly the countrys most prominent Jewish businesswoman, Heather Reisman was born in Montreal and educated as a social worker at McGill University. Sun 4 Dec 2005 19.36 EST. Copyright 2012-2021 Stories People All rights reserved. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. like the American Girl line of dolls, to sell their products in Indigo stores. Over the span of her career she has served on numerous boards, including currently for Mount Sinai Hospital, Bilderberg, Onex Corporation and Right to Play, and has sat on many other North American boards, including J. Sinai Hospital. [4], Since 1998, Reisman has also chosen more than 262 "Heather's Picks" for Indigo, which are books specifically recommended by her and come with a money-back guarantee. retrieved April 1, 2012,
equity firms (see Gerry Schwartz: Profile). The foundation has since donated $28 million to Canadian schools. We provide you with news from the entertainment industry. When Childhood Dreams Become a Reality: Meet Andrea Gomez and Rachelle Sguin, Founders of Omy Laboratoires, Its Time to Redefine Influence Through the Lens of Intersectionality, Building A Collaborative Boardroom Team Is About More Than Diversity Its Also About Intentionality, Colleen Baldwin is passionate about influencing change and promoting accessibility heres how shes removing barriers and building an inclusive work environment at Scotiabank. . She has also been included in the Womens Executive Network list of the Top 100 Most Powerful Women, and in 2015 was the first woman to be inducted into the Canadian Business Hall of Fame. If only you could be one of them? Primary businesses include Onex Corp and Indigo Books & Music Ltd. Heather Reisman played a key role in the transformation of Indigo and was able to reinvent the bookstore as a cultural department store offering everything from American Girl dolls to books and meditation aids. Indigo Books & Music was officially launched in BDC Resources > Stories & Advice for Entrepreneurs, Learning to Lead > Advice for Advancement. For a short time she served as president of Cott Beverages, a pioneer private label bottler of soft drinks. [28][29], In 2009, the Financial Times listed Reisman as one of the top 50 businesswomen in the world. document.write(' and two are step-children from her first marriage and two from! And research in the exploding e-reading market estate ; grocery produce distribution and financial.! Big in the country farming trailblazer in Canada heres how she took her company global tells. Schwartz, a bottler of soft drinks, from 1992 to 1994,... The death of his father, Ken, in May 2015, Reisman the! 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