Stephen Jarislowsky, businessman who championed corporate governance, dies at 101
Stephen Jarislowsky, a prominent Canadian billionaire investor and advocate for shareholder rights, has passed away at 101. Known for his battles with corporate leadership and his later philanthropic efforts, he was a significant figure in the Canadian business landscape.
Why it matters
His career helped shape modern corporate governance standards in Canada, influencing how shareholders interact with boards and management.
Stephen Jarislowsky, shown in 2002, advocated for shareholder rights in Canada during his lengthy business career. Andre Forget
Billionaire investor Stephen Jarislowsky, a champion of corporate governance and former spy, has died at the age of 101.
Mr. Jarislowsky co-founded what became of one of the country’s largest asset management firms, Jarislowsky Fraser Ltd., after moving to Montreal in the 1950s.
He made his name as a pioneer advocate for shareholder rights, embracing the concept long before it became trendy by engaging in public battles with CEOs, family businesses and boards of directors. Later in his career, he became a philanthropist who supported the study of democracy at universities and built one of the country’s finest private art collections.
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