John Edward Cleghorn, [[Canadian Institute of Chartered Accountants|FCA]], OC (born July 7, 1941) is a Canadian business executive and a former university leader. Cleghorn was former chairman and chief executive officer of Royal Bank of Canada from 1994 until 2001. He is a former chairman of the board of Canadian Pacific Railway.
He joined Royal Bank in 1974, becoming president in 1986, chief operating officer in 1990, chief executive officer in 1994, and chairman in 1995. A champion of corporate restraint, he sold off the corporate jet, closed the executive dining rooms, and ended the use of the executive limousines.[1] He frequently rode the subway or flew economy class in order to interact with customers.[2] He also took part in talks with Matthew Barrett, chairman and CEO of the Bank of Montreal, to merge their respective institutions, however Finance Minister Paul Martin later blocked the proposed arrangement.[3] Cleghorn retired as chairman and CEO in 2001, and was succeeded as CEO by Gordon Nixon and as board chairman by Guy St. Pierre.
He has been a chairman of the board of SNC-Lavalin and was a director of Finning International and Nortel Networks. He played an influential role in the Nortel board meeting that forced CEO Frank Dunn and two other senior executives to resign in April 2004 after financial results were misrepresented.
From 1996 to 2003, he was chancellor of Wilfrid Laurier University. He has also been a member of McGill University's board of governors for many years. He holds honorary degrees from Acadia, Bishop's, McGill and Wilfrid Laurier universities.
John is married to Pattie Cleghorn. They have three children; Charlie, Ian and Andrea. Charlie has one child; Henry Cleghorn (22). Ian has two; Erica (20) and Jamie Cleghorn (18). Andrea has three; KEIGHLEY MOORE (18), Brenna (17) and Fraser Moore (15).
john, cleghorn, john, edward, cleghorn, canadian, institute, chartered, accountants, born, july, 1941, canadian, business, executive, former, university, leader, cleghorn, former, chairman, chief, executive, officer, royal, bank, canada, from, 1994, until, 200. John Edward Cleghorn Canadian Institute of Chartered Accountants FCA OC born July 7 1941 is a Canadian business executive and a former university leader Cleghorn was former chairman and chief executive officer of Royal Bank of Canada from 1994 until 2001 He is a former chairman of the board of Canadian Pacific Railway John CleghornBornJohn Edward Cleghorn 1941 07 07 July 7 1941 age 82 Montreal Quebec CanadaAwardsOrder of CanadaBiography editBorn in Montreal Quebec he graduated from Westmount High School and received a B Com from the McGill University Desautels Faculty of Management in 1962 While at McGill he was a defensive lineman for the McGill Redmen football team that won the national championship He was also a brother in Psi Upsilon In 1964 he became a Chartered Accountant whilst working for Clarkson Gordon and subsequently a Fellow of the Institute of Chartered Accountants of Ontario and Quebec He joined Royal Bank in 1974 becoming president in 1986 chief operating officer in 1990 chief executive officer in 1994 and chairman in 1995 A champion of corporate restraint he sold off the corporate jet closed the executive dining rooms and ended the use of the executive limousines 1 He frequently rode the subway or flew economy class in order to interact with customers 2 He also took part in talks with Matthew Barrett chairman and CEO of the Bank of Montreal to merge their respective institutions however Finance Minister Paul Martin later blocked the proposed arrangement 3 Cleghorn retired as chairman and CEO in 2001 and was succeeded as CEO by Gordon Nixon and as board chairman by Guy St Pierre He has been a chairman of the board of SNC Lavalin and was a director of Finning International and Nortel Networks He played an influential role in the Nortel board meeting that forced CEO Frank Dunn and two other senior executives to resign in April 2004 after financial results were misrepresented From 1996 to 2003 he was chancellor of Wilfrid Laurier University He has also been a member of McGill University s board of governors for many years He holds honorary degrees from Acadia Bishop s McGill and Wilfrid Laurier universities In 2001 he was made an Officer of the Order of Canada and was inducted into the Canadian Business Hall of Fame in 2008 John is married to Pattie Cleghorn They have three children Charlie Ian and Andrea Charlie has one child Henry Cleghorn 22 Ian has two Erica 20 and Jamie Cleghorn 18 Andrea has three KEIGHLEY MOORE 18 Brenna 17 and Fraser Moore 15 Academic officesPreceded byWillard Z Estey Chancellor of Wilfrid Laurier University1996 2003 Succeeded byBob RaeBusiness positionsPreceded byAllan R Taylor CEO and Chairperson of Royal Bank of Canada1994 2001 Succeeded byGordon NixonReferences edithttp www nndb com people 729 000168225 1 http www rbc com history quicktofrontier future htmlNotes edit Maclean s February 1998 McGill Reporter News you can use about what s happening around the University Maclean s May 1998 Retrieved from https en wikipedia org w index php title John Cleghorn amp oldid 1146122604, wikipedia, wiki, book, books, library,
