Joe Segal Gala
Joe Segal Gala
Joe Segal Gala
An extraordinary life
Chaired by Lorne Segal
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An extraordinary life
Chaired by Lorne Segal
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June 4, 2013
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q Visionary Circle $250,000 q Community Builder Circle $100,000 q Humanitarian Circle $50,000
An extraordinary life
Chaired by Lorne Segal
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An extraordinary life
Chaired by Lorne Segal
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Experience an entertaining tribute to one of B.C.s and Canadas most accomplished businessmen, philanthropists and community builders, and support a Vancouver Board of Trade gala benefiting Coast Mental Health
Vancouver Convention Centre West Ballroom A/D For reservations, contact joe.segal.gala@boardoftrade.com www.boardoftrade.com/joe.segal.gala
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June 4, 2013
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Chaired by Lorne Segal
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June 4, 2013
THANK YOU TO OUR SPONSORS: Community Builder Circle: Humanitarian Circle: Leadership Circle:
An extraordinary life
Chaired by Lorne Segal
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Experience an entertaining tribute to one of B.C.s and Canadas most accomplished businessmen, philanthropists and community builders, and support a Vancouver Board of Trade gala benefiting Coast Mental Health
Vancouver Convention Centre West Ballroom A/D Reception: 5:30 pm
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Extraordinary!
With heartfelt gratitude, we salute our sponsors, donors and everyone who bought tickets and tables and joined us on June 4. Thanks to your heartwarming support, together we raised awareness and
Joe Segal An extraordinary life A Vancouver Board of Trade gala benefiting Coast Mental Health
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LEADERSHIP CIRCLE
Blayne & Sharon Johnson Bob and Lily Lee Michael OBrian Family Foundation David and Pamela Richardson Kahn Family
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SUPPORTER CIRCLE Anthem Properties Arran & Ratana Stephens Barry Scott of Maynards Bob Golden & Norman Paul Brooke N. Wade Charitable Foundation Burgess, Cawley, Sullivan, and Associates Ltd. CMLS Financial / Camgill Enterprises
Coast Capital Savings Cushman & Wakefield Ernst & Young FDC Capital Partners Inc. Feldman Glass Fields Grant Hill GP Ltd. HUB International Insurance Brokers Jarislowsky, Fraser Ltd.
KPMG LLP Ledingham McAllister McCarthy Tetrault LLP Onni Group Pacific Blue Cross PwC Rocky Mountaineer SDM Realty Advisors Simon Fraser University
FRIENDSHIP CIRCLE Alpha Technologies Ltd. BC Childrens Hospital Foundation Brian and Andrea Hill BCIT / VCC Chris Theodoropoulos Coast Mental Health Foundation Concert Properties Ltd. David and Manjy Sidoo
Drs. Mordehai and Hana Wosk, MW Investments Ltd. Dueck Auto Group Emerson Real Estate Group Inc. Farris Vaughan Wills & Murphy LLP Four Seasons Hotel Vancouver Harvey and Jody Dales Hemlock Printers Ltd. Hunter Dickinson Inc.
Marble Art Canada Ltd. Monica & Jason Soprovich Musqueam Chief & Council Simon Fraser University Beedie School of Business Thane Stenner The Vancouver Board of Trade Vancouver Foundation Wales McLelland Construction
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Chaired by Lorne Segal
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This article was originally published in the April 2013 edition of Sounding Board, the official newspaper of The Vancouver Board of Trade and its members
Tickets for the Joe Segal, An Extraordinary Life gala benefiting Coast Mental Health are available at boardoftrade.com/Joe.Segal.Gala with others is often seen at Four Seasons Vancouver, where Mr. Segal has lunched regularly for more than three decades. A recipient of both the Order of Canada and the Order of British Columbia, as well as the Freedom of the City award the City of Vancouvers highest honour Joe Segal is a towering figure in both business and philanthropy. Perhaps the only thing more impressive than his resum is his reputation as one of the most noble and generous entrepreneurs our community has ever seen, says Vancouver Board of Trade Chair Ken Martin. Joes son, Lorne Segal, echoes the sentiment. I never tire of telling people that my father taught me much more than what to do; he taught me the way to do it that fair play and a sense of responsibility make up the foundation of a meaningful life. And that, in and of itself, money will not give us the feeling we are all looking for; it
is what we do with it that counts. In 2002, Joe Segal made one of his most visible contributions to Vancouver when he donated a piece of prime real estate the historic Bank of Montreal building at 750 Hastings Street to Simon Fraser University, creating a home for the subsequently named Segal Graduate School of Business. In 2010, he and his wife Rosalie gave $12 million to the VGH & UBC Hospital Foundation to create the Joseph and Rosalie Segal Family Health Centre, a 100-private-room acute care centre serving the mental health needs of people in crisis. That substantial gift made at a time when high-profile support for mental health was rare reflects the Segal familys visionary backing of this previously stigmatized health concern and underserved community need. In fact, the familys awareness of public mental health concerns, including funding shortfalls, was sparked 15 years ago when the Segals first attended Coasts Courage To Come Back Awards, which recognize people who have overcome significant life challenges. The family has contributed to mental health causes ever since. The decision to support Coast Mental Health through the Joe Segal, an Extraordinary Life gala underscores the familys conviction that addressing mental health concerns requires a holistic approach to care. Coast Mental Health is honoured to have been chosen to benefit from this amazing evening. The Segals have done more than any other family in our country to personally support individuals with mental illness, says Britt Andersen, CEO of Coast Mental Health Foundation. Their philanthropy has strengthened British Columbia by opening doors for greater understanding and acceptance of people with mental illness. Unlike the VGH facility bearing Joe and Rosalies name, which offers acute care to in-patients, Coast Mental Health provides individuals with community-based housing and services essential ingredients for recovery that range from supportive housing and family reintegration to education and help finding work. To fully recover, people who transition out of an acute mental health care facility especially those who also face ongoing challenges such as unemployment and homelessness need assistance that extends into their homes and work lives. Thats where Coast comes in, says Andersen. Support for the Joe Segal gala is already building with a host of individuals and companies stepping up with sponsorship support for this celebration of a deserving individual and worthy charity.
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Saturday, May 18 |2013 | EDITOR BEV WAKE 604.605.2744 | BWAKE@VANCOUVERSUN.COM
1985:
Kingswood acquires national retailer Collegiate Sporting Goods.
1986:
He merges Collegiate with Sports Experts and becomes chairman of both.
1988:
Segal leads the $150-million acquisition of western Canadian land developer Block Bros., which now operates as First National Properties.
1992:
Receives Order of B.C.
2002:
Segal donates the historic Bank of Montreal building on Hastings Street to SFU, providing a home for the SFU Segal Graduate School of Business, which opens in 2005.
2005:
He and his wife, Rosalie, were honoured with the Variety Clubs highest honour, the International Humanitarian Award
2007:
Inducted into Canadian Business Hall of Fame
2010:
Segal family donates $12 million to the VGH UBC Foundation to create the Joseph and Rosalie Segal Family Health Centre, a proposed acute care centre for people experiencing a mental health crisis.
1993:
Named chancellor of SFU, receives Order of Canada
PHiLAnTHrOPY
A struggle to adapt
WESTCOAST NEWS
Language and cultural barriers make adjusting to life in Canada hard for teen refugees. A10
JOE SEGAL
Joe Segal poses with his sons, Gary, left, and Lorne, right, in 1996.
Proven politicians
WESTCOAST NEWS
SPORTS
Joe Segal enjoys a meal at his regular lunch spot, the Yew Restaurant inside the Four Seasons Hotel on Georgia Street, on Thursday.
deniSe ryan
VanCOuVer Sun
Ric ERnst/PnG
is moved by stories of triumph over long odds. Now Segal is giving generously to mental health priorities. D1
Over a bottle of St. Jean Chardonnay, the merchandiser whose trade is turning discounts into dreams flipped the tables: hed tell me his story if I told him mine. The impulse to know, to see, listen and care for others is as much a part of who Joe Segal is as are the stories he shares with us here.
he initials monogrammed on Joe Segals shirt cuff are as tiny as two ants. J.S. a small identity stamp, not a grand embellishment. They are a modest statement, not unlike the one he gives about the June 4 gala that will celebrate his 88 years on this planet: I dont want the dinner. I dont need it. He flashes a wry smile, graciously downplaying his role as honoree at the fundraising event, Joe Segal: an extraordinary life. But if its going to benefit an organization, Ill be there. The organization is Coast Mental Health, beneficiary of the gala and much of Segals legendary philanthropy.
support. when you have mental health problems, you walk alone. Segal knows what it is to walk alone his father died when he was 14, prompting him to quit school and set out to earn his own way in the world. But since he met rosalie, his wife of 65 years, he says he has been lucky to have a partner in everything. Together, they have survived lean years and enjoyed Segals extraordinary success, an adventure that has seen Segal go from penniless kid to billionaire business titan whose CV is stacked with awards and honours, not just for his business acumen, but for his
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The businessman who gleefully defied the predictions of in-laws, who once said he would never amount to anything, would rather talk about the plight of the mentally ill than himself. with the deft hand of a man accustomed to successfully steering negotiations and sealing deals, Segal continually nudges the conversation in the direction he would like it to go. Twenty-five per cent of the population walking the streets around the world have a mental health problem of one type or another. There is a stigma. when you have cancer or a heart problem, there is lots of
humanitarian efforts and commitment to the community. Both Joe and rosalie Segal have supported many causes, including unheralded interest-free micro loans to needy individuals, as well as contributions that have dramatically influenced the character of the city such as their 2005 donation of the Bank of Montreal heritage building at granville and Pender, which became the SFU Segal graduate School of Business. Most recently, the couple has poured their efforts, and money, into supporting mental health. In 2010, the couple gave $12 million to the VgH & UBC Hospital foundation to create the Joseph and rosalie Segal Family Health Centre, a proposed 100-room acutecare centre serving people with mental health needs.
Sun pours in the wide corner windows of his office overlooking the Hotel georgia and the Vancouver art gallery. Segal is here daily, his coffee table strewn with some of the dozens of newspapers and publications he reads each week. The monogrammed shirt cuff is clipped with gold cufflinks. In the pocket of his perfectly tailored jacket is an orange paisley pocket square that matches his tie. on his lapel, two small pins representing his order of B.C. and his order of Canada.
The honours and accolades have streamed in over the decades as Segal built a merchandising empire that includes starting Fields department stores, acquiring Zellers, becoming the largest single shareholder of the Hudsons Bay Company and, later, real estate development and venture capital. His community work includes six years as chancellor of SFU, and hes credited with having the vision for the downtown campus. He said why would you want to have your customers so far away? marvels Jack Blaney, SFU president emeritus, recalling their first lunch some 20 years ago. at Kingswood Capitals georgia Street office, Segals hand is still on every paper, his ear to the phone on deals, and each day around noon he strolls, as he has for 30 years, over to the Four Seasons for lunch. Segal says he was moved to support mental health causes after attending a Courage to Come Back dinner 12 or 13 years ago. The dinner, where he heard people share personal stories of living with mental and emotional issues, moved him deeply. learning that mental health was chronically underfunded was a clarion call. He and rosalie quickly adopted the cause that advocates call the health systems neglected stepchild. Its not a sexy cause, says Segal, musing on why mental
health services have been so overlooked. He looks out the window. Just imagine how many people walk the streets and have nowhere to turn, no one to turn to. Can you imagine being on the street with no support mechanism in your life, all alone? More than one stranger has made their way from the street up to Segals fifth-floor office on a small pilgrimage of hope. Sometimes they come for advice. For mentoring. Sometimes for an envelope Segal has left discreetly at the front desk.
Joe Segal, left, joins his son Lorne Segal at Joes regular lunch spot, the Yew Restaurant inside the Four Seasons Hotel.
Segal had already observed the struggling Zellers store near one of his Fields locations: I had 6,000 square feet and was doing $1,000,000 a year. They had 24,000 square feet and were doing $400,000 a year. The acquisition was a David and Goliath deal, recalls Koffman. Segal, with Koffman and Rosalie at his side, led a bidding war against a multinational corporation in a New York bankruptcy court. Segal had limited funds. His competitor could have outbid him, but the representatives they had sent were not able to make decisions without consulting their headquarters in Minnesota, a process that hampered them in the direct bidding war Segal led. Segal was so shrewd in his strategy, the judge had no choice but to give it to him. He said, I hope I never have to see you in here again, says Koffman, his voice still tinged with admiration. He was the dark horse, and he got it. Within three years, Segal had turned Zellers from a foundering white elephant to a player worth $800 million. Segal has an expression for how he turns a business around. Explains Rosalie, He says he takes the Saran Wrap off and lets it breathe. He has a feeling and a sense for people. He puts people in the right place, he puts a round peg in a round hole. Three years later, Segal, who had been quietly purchasing stock in the Hudsons Bay, was poised to take over the company that was once described by Canadas Governor General as a kind of kingdom. Each deal, Segal explains, was a single step. You have to go up the ladder rung by rung, Segal says. You can go up one rung, sometimes two but if you try to step to the top of the ladder it will become unbalanced, and youll fall. There has to be a certain logic to what you do. If you cant afford it, dont do it, Segal says. Every thing is a risk/reward ratio. If you cant afford the risk, you shouldnt try for the reward. Youll knock the ladder over. If you can afford to risk less, the reward may be less but youre not going to be bankrupt. Life is about logic. Sometimes, however, the heart has its own logic. Segal would, after much consideration, give up the Hudsons Bay takeover opportunity in order to manage a more important bottom line. There was a fierce closeness, even when Segal worked seven days a week. Lorne says Rosalie made their home a haven to them and all the stray kids in the neighbourhood. On Friday nights with the baking Rosalie was famous for and a gaggle of kids that had nowhere to go, the house was dubbed Segal Centre, long before the family was donating buildings for wider community causes. That first house was tight, and so were funds, Rosalie says. He bought this little house with one bathroom. I didnt have a car. We had four children. If I went to the doctor, we went on the bus. If we went to Safeway, I piled them all into the buggy, she says. As their financial situation improved, and Joe built the empire hed promised Rosalie, the Saran Wrap came off their own lives and the couple found their oxygen in giving back to the community. We never argue about a donation, Rosalie says. Over the years, their philanthropy has been poured into the United Way, Variety Club, Simon Fraser University, the Childrens Hospital Foundation, the Hebrew Free Loan Association, Coast Mental Health and dozens of other organizations. But
RIC ERNST/PNG
a server in a restaurant who cant make rent, a friend of a friend who cant make tuition, or someone in need on the street might be just as likely a recipient. It used to bother me so much when I saw people begging. It would actually depress me, put me in a state, from the time I was young, Rosalie says. To this day, I wont pass someone on the street. People say theyre
david Mclean, chairman of CN and head of the Mclean group says hes observed Segals quiet, constant generosity during their 40-year friendship. Joe is one of those guys who has been very good to a lot of people in need, and has done so with very little fanfare. Hes the kind of guy who does it, and says, You help someone when you can. Pay it forward. Segal protests: I dont want to talk about this. Im embarrassed saying all these things. Hed rather acknowledge the people that are on the ground putting the dollars to use. writing a cheque, if you have the money, is easy. Involving yourself in the work, thats hard. He wants to clarify.
Rosalie had four children in quick succession. She was both mom and dad when the kids were little. I wanted my children, I wanted to be a parent, Rosalie recalls. But she also wanted Joe. Segal worked day and night from the time they were married. If he came home and offered the kids a piece of candy, they would look at me to ask if it was all right to have it, she says. What I remember about my dad, is that he was never around, says son Lorne, director of the Vancouver Board of Trade and president of Kingswood Properties. He thinks for a few minutes about the father who was absent, who is now so present in his life that they are most days just a few paces from each other at their Kingswood Capital headquarters. I do remember that sometimes when he came home late at night, he would tuck me in. Then he would lie down in bed with me. Sometimes I would pretend to be asleep just so he would do that.
just going to buy drugs, but I dont care what they do with it as long as I give them something to ease their pain. Segal stepped back from the opportunity to further build HBC when he realized that in order to do so would mean either being away from his family, or moving them to Toronto. It would also mean leaving behind the community he had become so deeply connected to in Vancouver. The risk/reward ratio was unbalanced. I have no regrets, he says. I started with nothing. Today I have everything, and by everything I dont mean the material. Everything is emotional first. If you havent got the right emotional environment, you have nothing. Money is just a byproduct of success. Happiness is the true measure of success. He smiles. Hes thinking about the runway again, crunching his own numbers. Ive only got a little bit of the runway left, he says, measuring a small span in the air. Segal has the controls again, steering deftly toward his ultimate destination. The man who launched his magic voyage by taking on the leftovers, the stuff no one else wanted, has more personal business to attend to. Raising money for the most neglected community members. The mentally ill and emotionally vulnerable. The leftovers. Can you imagine being alone and without anyone to turn to? Loneliness is the most difficult thing in the world. It doesnt matter what the age is. Its quite profound in the elderly. If you have nowhere to turn, no one to speak to, no one to look to for consolation and encouragement? Everybody wants to be loved, everybody wants to be cared for. Joe Segal wants to talk about people. Other people.
dryan@vancouversun.com
SEGALS WORDS
Writing a cheque, if you have the money, is easy. Involving yourself in the work, thats hard. Experience is something you dont get out of a textbook. If you cant afford the risk, you shouldnt try for the reward. Money is just a byproduct of success. Happiness is the true measure of success.
story continues
on page D2
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Books | D4
Childrens deaths wrench family In an excerpt from her book, Ginny Dennehy writes about the pain of surviving her sons and daughters deaths at early ages.
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In a world of both incredible turmoil and opportunity, it is important to acknowledge that we all stand on the shoulders of our mentors. Joe has broad shoulders.
Ian Gillespie, Westbank
Joe has been and continues to be a positive influence to so many of us here in Vancouver. His leadership in the business community as a catalyst for philanthropy is simply unmatched.
Terry Hui, Concord Pacific Developments
Joes tireless commitment to building better communities through ongoing mentorship, generous philanthropy and as a patriarch of the city has created a shining legacy that continues to be a true inspiration.
Jill Schnarr, Telus
Joe Segal told us, I dont want the attention. He insisted, There are others more deserving of the spotlight. But this time, we respectfully begged to differ. In the end, Joe agreed to our proposed fte on one condition: it had to have a charitable purpose a worthy cause that helps our citys most vulnerable citizens. He had us right where he wanted us. We couldnt refuse. And thats how the deal got done. Welcome to Joe Segal An Extraordinary Life, a Vancouver Board of Trade gala benefiting Coast Mental Health. Like Joe, the tribute we have prepared is spirited and one-of-a-kind a celebration of a community builder, humanitarian, leader, achiever and friend whose zest for life, drive and courageous and giving heart has endeared him to so many. We hope you have fun this evening and along the way gain some insight and perhaps even learn some life lessons from a true master with a deft human touch. We are grateful to everyone who has made this evening and its significant charitable impact a reality from the Vancouver Board of Trades events team and Coast Mental Healths staff and volunteers who have invested long hours behind the scenes to our skilled executive producer MVKA Productions and talented stage producer Infinity Films Entertainment Group who have set the stage for an exceptional evening. We would also like to thank the organizations across Vancouvers business community as well as our media partners, especially the Vancouver Sun, for helping us spread the word and rally support. We extend our deepest appreciation to the friends and colleagues who stepped up in significant ways, not only giving generously through sponsorship, table and ticket purchases, but who engaged their networks and made calls to other caring companies, organizations and individuals who have also risen to the occasion. Most of all, we say thanks to you Joe for giving us this opportunity to show you that we appreciate all that you do. What can we say: you inspire us.
Joe once remarked he asked God to let him live to 100 so he could finish his work here on Earth. We believe he could do better, and pray he lives to 200.
Hamid Eshghi, Djavad Mowafaghian Foundation
Throughout his career, Joe has shown how business success and philanthropy go hand in hand. Through his unfailing commitment to giving back, Joe continues to set a standard we can all aspire to reach.
Don Lindsay, Teck Resources
Britt Andersen
Chief Executive Officer, Coast Mental Health Foundation
Iain Black
President and Chief Executive Officer, The Vancouver Board of Trade
Lorne Segal
Gala Chair President, Kingswood Properties Ltd.
June 4, 2013 3
Show time!
Menu and program highlights
We hope you enjoy tonights surprise Three-Act performance celebrating Joe Segals life and achievements as portrayed through theatre, music, dance, a multimedia showcase and more. During the evening, special remarks and reflections will be offered by: Peter Legge, Chairman and CEO, Canada Wide Media Limited David McLean, Chairman, The McLean Group Iain Black, President and CEO, The Vancouver Board of Trade Britt Andersen, CEO, Coast Mental Health Foundation Plus: Keynote address by Lorne Segal, President, Kingswood Properties, Gala Chair Closing remarks from Joe Segal, C.M., O.B.C., LL.D.(HON.) In between Acts the following three-course menu will be served: First Course Cold Smoked Wild Salmon, Fresh Asparagus, Free-Range Egg Peller Estates Family Series Pinot Blanc, VQA main Course Alberta Beef Tenderloin, Shitakes and Cream, Yellow Potato Pommes Anna, Vegetables Peller Estates Family Series Cabernet Merlot, VQA dessert Pistachio Madeleine, Strawberry Cream and Confiture or Grand Cru Chocolate Shard or Valrhona Chocolate and Yuzu Bar, Fleur de Sel, Lemon Hazelnut Praline Sauce Freshly Brewed Moja Organic Coffee and Imported Teas
June 4, 2013 5
event ticket
joe
An extraordinary life
Chaired by Lorne Segal
Segal
June 4, 2013
Vancouver Convention Centre West 1055 Canada Place, Vancouver
Reception: 5:30 p.m. (West Foyer) Doors: 6:30 p.m. (West Ballrooms A/D) Dress: Black Tie, miniature medals Table No. _____ Ticket No.
event graphics
commemorative plaque
Thanks for being there on June 4, 2013 and helping raise more than $2.3 million for Coast Mental Health, a charity benefitting some our citys most vulnerable citizens. Now that is extraordinary.