John McCall MacBain explained

John McCall MacBain
Office:20th Chancellor of McGill University
Term Start:2021
Predecessor:Michael Meighen
Education:McGill University (BA)
Wadham College, Oxford (MA)
Harvard University (MBA)

John H. McCall MacBain (born in 1958) is a Swiss-based,[1] Canadian billionaire businessman and philanthropist who is the founder of the McCall MacBain Foundation and Pamoja Capital SA, its investment arm.[2] [3] Prior to establishing the McCall MacBain Foundation, in the late 1980s he bought Auto Hebdo magazine in Montréal, Canada and bought and consolidated several other existing Auto Traders and Buy and Sell classified papers to form Trader Classified Media with operations in 23 countries.

Education and personal life

McCall MacBain received an MBA from Harvard Business School (1984),[4] an MA in Law (Jurisprudence) from Wadham College, Oxford (1982) as a Rhodes Scholar and an Honours BA in Economics from McGill University (1980). He holds honorary degrees from Dalhousie University,[5] the University of Ottawa,[6] Brock University,[7] McGill University[8] and Monash University.[9]

He served as President of the Students' Society of McGill University, as well as valedictorian. While at Oxford, he was co-captain of the university's ice hockey team.[10]

McCall MacBain has five children[11] and two grandchildren. He is married to Marcy McCall MacBain,[12] an academic at the University of Oxford in the Centre for Evidence-Based Medicine.[13] He is also an avid skier, marathon runner, ice hockey player and cyclist as well as a commercial land and sea pilot.[1]

Career

He worked from 1984 to 1987 as director of marketing at Power Financial Corporation.

From 1987 to 2006, McCall MacBain was the founder, President and CEO of Trader Classified Media, the world's leading classified advertising company. Starting with his purchase of three small publications in Montréal in 1987, when he was 29 years old, he developed the classified business to include 500 print titles and 57 internet sites in over 23 countries, including in Argentina, Australia, Canada, China, France, Hungary, Italy, Mexico, Spain and the United States.[14]

After its IPO in 2000, Trader Classified Media was publicly traded on NASDAQ and the Euronext Paris Stock Exchange.[15] In 2006, McCall MacBain sold the company and set up the McCall MacBain Foundation.

He is now Chancellor of McGill University for a three-year term from 2021 to 2024[16] and he is a member of The Giving Pledge.[17]

Philanthropy

Since its formation in Geneva, Switzerland, in 2007, the McCall MacBain Foundation has made approximately $500 million of grants to fund projects relating to education and scholarships, health and climate change, and the environment. In addition to his role as a director and Chair of the foundation, McCall MacBain is the Founding Chair of the European Climate Foundation,[18] Chancellor of McGill University, a member of the Advisory Board for the Yale Center for Environmental Law and Policy[19] and a Foundation Fellow of Wadham College, Oxford.[20] Additionally, he is a director of the Mandela Rhodes Foundation in Cape Town, South Africa.[21]

McCall MacBain, a Canadian Rhodes Scholar (Quebec and Wadham, 1980), donated $120 million to the Rhodes Trust in order to help fund the scholarships and aid the expansion of the program to new countries. He made that gift in September 2013 during the Rhodes 110th anniversary celebrations.[22] [23] As a result, he was named a 'Second Century Founder of the Rhodes Scholarships' in honour of that significant gift.[24] Additionally, McCall MacBain was honoured in 2014 as a Fellow of the Chancellor's Court of Benefactors at Oxford University and at Rhodes House, where his portrait hangs and a room bears his name.[25] The McCall MacBain Graduate Centre at Wadham College, Oxford, was endowed by him.[26]

McCall MacBain has also donated more than $10 million to fund McCall MacBain Loran Scholars through the Loran Scholars Foundation – the largest undergraduate entry scholarship program in Canada – and to fund the Mandela Rhodes Foundation.[27] [28]

On June 30, 2016, McCall MacBain was named an Officer of the Order of Canada by Governor General David Johnston for "his achievements as a business leader and for his contributions to academic institutions as a philanthropist."[29]

On February 13, 2019, John and Marcy McCall MacBain donated $200 million to McGill University, the single-largest charitable gift in Canada at the time, for a graduate scholarship program – the McCall MacBain Scholarship at McGill – modelled on the Rhodes Scholarship.[30]

In 2019, the McCall MacBain Foundation also seeded the Kupe Leadership Scholarship at the University of Auckland.[31] [32]

Notes and References

  1. Web site: Bios. Newsroom.
  2. Web site: McCall MacBain Foundation: About Us: Our Story . McCall MacBain Foundation . 4 October 2019 .
  3. Web site: Pamoja Capital: What We Do . Pamoja Capital. 4 October 2019.
  4. News: Small ads, big news - Telegraph. telegraph.co.uk. 2012-07-03. London. 2005-06-05.
  5. Web site: October 2010 Honorary Degree Recipient. Dalhousie University. 7 December 2018.
  6. Web site: Our Spring 2018 Honorary Doctorate recipients. University of Ottawa. 7 December 2018.
  7. Web site: Brock will honour John McCall MacBain at Fall Convocation. Brock University. 7 December 2018.
  8. Web site: 14 individuals to receive honorary degree from McGill. McGill University. 7 December 2018.
  9. Web site: Honorary doctorates conferred upon international philanthropists John McCall MacBain and Marcy McCall MacBain. Monash University. 7 December 2018.
  10. Web site: A to Z Encyclopaedia of Ice Hockey. www.azhockey.com. 2012-07-03.
  11. Web site: Marcy McCall MacBain ‘00. alumni.mcmaster.ca.
  12. Web site: John McCall MacBain named 20th Chancellor of McGill University. Newsroom.
  13. Web site: Marcy McCall MacBain. Kellogg College.
  14. Web site: John MacBain - The Classified Ad King. www.canadianbusiness.com. 2012-07-03.
  15. Web site: History of Trader Classified Media. www.fundinguniverse.com. 2012-07-03.
  16. Web site: John McCall MacBain named 20th Chancellor of McGill University . 2023-02-12 . Channels . en.
  17. Web site: Press Release - The Giving Pledge . 2023-02-12 . Giving Pledge . en.
  18. Web site: ECF Founding Chair. European Climate Foundation. 7 December 2018.
  19. Web site: Yale Centre for Environmental Law and Policy. Yale University. 7 December 2018.
  20. Web site: Wadham Foundation Fellow receives University's highest award. Wadham College, University of Oxford. 7 December 2018.
  21. Web site: Mandela Rhodes Foundation Trustees. Mandela Rhodes Foundation. 7 December 2018.
  22. Web site: Rhodes Scholarship gets donation of $120 million. Kansas City Star. 19 September 2013.
  23. Web site: Giving it up for Cecil . The Economist . 2013-09-21 . 2015-09-25.
  24. Web site: Second Century Founder - The Rhodes Scholarships . Rhodeshouse.ox.ac.uk . 2013-09-19 . 2015-09-25 . dead . https://web.archive.org/web/20150924091122/http://www.rhodeshouse.ox.ac.uk/rhodes-trust/second-century-founder . 2015-09-24 .
  25. Web site: Two Rhodes Scholars honoured at the Chancellor's Court of Benefactors - The Rhodes Scholarships . Rhodeshouse.ox.ac.uk . 2014-10-10 . 2015-09-25 . https://web.archive.org/web/20150924090946/http://www.rhodeshouse.ox.ac.uk/news/CCB . 2015-09-24 . dead .
  26. Web site: Record breaking donation by Wadham alumnus secures a bright future for Rhodes scholars . Wadham.ox.ac.uk . 2013-09-19 . 2015-09-25.
  27. News: John and Marcy McCall MacBain - Loran Scholars Foundation. Loran Scholars Foundation - Fondation Boursiers Loran. en-US. 2016-11-25.
  28. Web site: Donors & Partners . 2023-02-12 . The Mandela Rhodes Foundation . en.
  29. Web site: Canada's Honour Roll. Globe and Mail. Globe and Mail Staff. June 30, 2016.
  30. Web site: McGill University receives $200M donation for graduate scholarships. CBC News. Sarah Leavitt. February 13, 2019.
  31. Web site: The Kupe Leadership Scholarships at the University of Auckland. 2018-12-17. McCall MacBain Foundation. en-US. 2019-05-18.
  32. Web site: Next generation of leaders called for Kupe Leadership Scholarships - The University of Auckland. www.auckland.ac.nz. 2019-05-18.