Back in 1965, Peter Munk was a very key player in our attempt to assure Studebaker's future. His involvement was clearly defined in my book.
Many of you will recall the Munk consortium which included Canadian Motor Industries came within an inch of taking over Studebaker, a deal engineered by our Canadian senior management team.
Peter Munk was one of Canada's most noted entrepreneurs and ended up as CEO of Barrick Gold, the world's largest gold producer. In his private life he contributed millions of dollars to Canada's charitable needs. He passed away peacefully this afternoon at the age of 90.
RIP Mr. Munk. It was an honor to have known you.
Stu Chapman
Many of you will recall the Munk consortium which included Canadian Motor Industries came within an inch of taking over Studebaker, a deal engineered by our Canadian senior management team.
Peter Munk was one of Canada's most noted entrepreneurs and ended up as CEO of Barrick Gold, the world's largest gold producer. In his private life he contributed millions of dollars to Canada's charitable needs. He passed away peacefully this afternoon at the age of 90.
RIP Mr. Munk. It was an honor to have known you.
Stu Chapman
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