Paul Victor Godfrey,
CM is a businessman and former
Canadian
politician. During his career, Godfrey was a
North York alderman, Chairman of Metro Toronto, President of the
Toronto Sun and head of the Toronto Blue Jays. He was instrumental
in bring the Toronto Blue Jays to Toronto and has campaigned to
bring the
National Football
League to Toronto. Recently he has been named president and CEO
of
The National Post, starting in
2009. On
November 27,
2009, Godfrey was announced as the new chair of the
Ontario Lottery
and Gaming Corporation.
Background
Born in
Toronto,
Ontario
, Godfrey grew up in a working class Jewish family
near the Kensington
Market
neighbourhood of Toronto ) and later moved to the
Bathurst
and Lawrence area of
North York. After graduating from
Bathurst
Heights Secondary School
, he attended the University of Toronto
and graduated with a Bachelor of Applied Science in
chemical engineering. In
1999, he was made a Member of the
Order
of Canada.
Politics
He entered politics as an
alderman in the
borough of
North York in 1964, serving until 1973.
That year, he was appointed
Chairman
of
Metropolitan Toronto,
serving until 1984.
In 1985 it was reported that Godfrey had joined the new Ontario
Premier
Frank Miller's
informal 'kitchen cabinet', a group that got together Thursday
mornings at the
Sutton Place
Hotel to discuss issues of the day during breakfast. This was
similar to a 'breakfast club' setup by the previous premier
Bill Davis but with a more right-wing
bent.
Toronto Sun
In 1984, after he left politics he joined the
Toronto Sun as publisher and
CEO. In 1991 he succeeded founder Doug Creighton as
president and chief operating officer of Toronto Sun Publishing. In
1992 he became CEO of the Toronto Sun Publishing replacing founder
Doug Creighton. Creighton was forced to resign by the board of
directors and the parent company,
Maclean
Hunter. In 1998, Godfrey organized a deal with
Conrad Black to swap the
Financial Post with four daily newspapers in
southwestern Ontario. These included the
Hamilton Spectator,
Kitchener-Waterloo Record,
Guelph Mercury, and
Cambridge Reporter. In October 1998, Sun
Media was approached by
Torstar
Corporation in an unsolicited takeover bid for $748 million.
Godfrey said he was surprised by the move. Two months later
Quebecor Media Inc. made a
higher and eventually more successful bid for a reported $983
million. Godfrey was a key figure in seeking out Quebecor as an
alternative buyer. After the sale, Quebecor, initially heralded as
a 'white knight' buyer forced Godfrey to cut 180 jobs from his
newspaper. In November 2000, Godfrey announced that he was stepping
down as CEO of Sun Media. There was some speculation that he was
uncomfortable while under the control of Quebecor. He remained on
the board of Sun Media.
Skydome
In 1984 he was appointed to the board of a new crown agency called
the Stadium Corporation of Ontario along with
Larry Grossman and Hugh Macaulay.
Its
mandate was to choose the location and design for a new domed
stadium that would eventually become the Skydome
.
Godfrey stayed on the board until February 1989 when he resigned.
He had been accused of being in a conflict of interest because of
his involvement with a group lobbying for a NFL franchise in
Toronto. Godfrey denied that there was any conflict and also denied
that this had anything to do with his resignation. However, Godfrey
remained on the board of directors of the Stadium Corporation, a
separate entity, until 1998 when he resigned shortly before the
Skydome filed for bankruptcy. He claimed that his resignation would
have no effect on the process. Godfrey said "...It didn't make much
sense to me to have separate directors and shareholder meetings
when the shareholders should be making all the decisions...My
resignation just streamlines the process."
Blue Jays
In 2000, Godfrey became president and CEO of the
Toronto Blue Jays baseball club. He
stepped down as president on September 22, 2008 after eight years.
During his tenure, the Jays' payroll increased from $46 million US
to $98 million US. While the Jays posted four out of eight seasons
better than .500, they achieved no better than 2nd place in the
tough American League East division. In 2004, the Blue Jays
purchased the SkyDome for a paltry $25 million, far below its
original construction cost of $600 million. The purchase gave
Godfrey more latitude in controlling the total game
experience.
Other positions
He is also a member of the
board of
directors of
CanWest
Global Communications,
RioCan Real Estate
Investment Trust, CargoJet Income Fund and
Astral Media.
References
- CANOE - SLAM! Sports - NFL - NFL dangles a
carrot
- NFL franchise for Toronto still just a
dream
-
http://www.thestar.com/news/ontario/article/732025--paul-godfrey-appointed-by-liberals-to-head-troubled-olg
- Al Parker. Five Questions for Paul Godfrey. Toronto Sun.
December 20, 2008. [1]
- Godfrey resigns as Sun Media CEO. CBC News.
November 10, 2000
- Order of Canada citation. April 15, 1999
- Rosemary Speirs. Godfrey joins Miller's Thursday 'kitchen
cabinet'. Toronto Star. march 8, 1985. pg. A1, A16.
- Bob Papoe. Paul Godfrey new Sun chief as Creighton forced to
retire. Toronto Star. November 6, 1992. pg A1, D1, D6.,
- Rob Ferguson. Newspapers: Black swaps papers for Post. Toronto
Star. July 21, 1998. pg A1.
- Les Whittington. Torstar bids $748 million for Sun newspaper
chain. Toronto Star. October 29, 1998. pg A1, A30.
- Rob Ferguson, Jim Wilkes. Quebecor tops Torstar bid for Sun
chain. Toronto Star. December 10, 1998. pg A1, A40.
- Rob Ferguson. Sun group axes 180 jobs. Toronto Star. March 3,
1999. Pg. A1
- David Miller. Battle is on for right to build our domed
stadium. Toronto Star. October 7, 1984, pg A1, A13.
- Dan Smith, Tim Harper. Skydome director quits as critics tackle
NFL bid. Toronto Star. pg A1, A2
- Tony Van Alphen. Two high profile directors quit SkyDome.
Toronto Star. November 24, 1998. Pg. A1, A24
- Godfrey steps down as Jays president. CBC News. September 29 2008. [2]
- Godfrey steps down as Jays president. CBC News.
October 22, 2008
- Blue Jays buying SkyDome for $25M. CBC News.
November 29, 2004
- Paul Godfrey Named President and CEO, National Post. Canwest.
December 1, 2008. [3]
External links