BNET Industries

Onex Corp.

Last Fiscal Year Sales:$22.9B
  • Public
  • CA
Dow Jones Description

Onex has more than one hand in business. Established in 1980 and located in Toronto, Canada, Onex Corporation (Toronto: OCX) operates companies in multiple industries. Its portfolio includes electronics manufacturing, theatre exhibition, customer service management, aerostructures, automotive products, and healthcare. The company had 2005 revenue of $20 billion and employs 136,000 people. It acquired five businesses in 2005: the $1.5 billion purchase of The Boeing Company's commercial aerostructures manufacturing operations. The company, renamed Spirit AeroSystems, is the world's largest independent supplier of structures for commercial aircraft; Center for Diagnostic Imaging, a leading provider of diagnostic and therapeutic radiology services in the United State, in a transaction valued at $225 million; Emergency Medical Services Corporation, the parent company of American Medical Response, the leading provider of ambulance transportation services, and EmCare, a leader in outsourced services for hospital emergency department physician staffing and management in a transaction valued at over $1 billion; Skilled Healthcare Group, an organization of acute care nursing and assisted living facilities in the United States, in a transaction valued at $745 million, and the 80-theatre Famous Players theater circuit in a $473 million transaction.

Chairman of the Board, President and Chief Executive Officer
Gerald W. Schwartz
Number of Employees 237,000
Contact Information

161 Bay Street

Toronto, Ontario M5J 2S1

www.onex.com

(416) 362-7711

NAICS Code Offices of Other Holding Companies: 551112

Recent Events

  • Onex to pay 2.75-cent dividend

    11/12/09 - Stock Split / Dividend - View Story

  • Stocks close lower: economic worries rise on jump in crude, gasoline supplies

    11/12/09 - Financial Announcement - View Story

  • Onex to release Q3 2009 results Nov. 11

    10/21/09 - Financial Announcement - View Story

  • The March Group Forecasts an Increase in Tech Sector M&A Activity

    10/15/09 - Merger / Acquisition - View Story

  • CA-BUSINESS Summary

    10/01/09 - Merger / Acquisition - View Story

  • BRIEF-Rbc raises price target on Onex Corp, Genivar Income

    9/25/09 - Bond / Stock Rating - View Story

  • Canada's Onex eyes U.S. commercial real estate

    9/24/09 - Financial Announcement - View Story

  • Celestica says Onex to sell C$113.3 million of shares

    9/22/09 - Joint Venture / Alliance - View Story

  • Onex delcares to pay 2.75-cent quarterly dividend

    9/03/09 - Stock Split / Dividend - View Story

  • Onex and Greenbriar team with ILFC chief in bid for AIG assets

    9/01/09 - Merger / Acquisition - View Story

  • Onex swings back to profit; eyes distressed deals

    8/12/09 - Financial Announcement - View Story

  • Onex takes control of Las Vegas landmark

    7/03/09 - Board Member - Entering - View Story

  • Former MGM Mirage President Heads Up Tropicana Las Vegas

    7/06/09 - Merger / Acquisition - View Story

News & Analysis

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air canada and government and onex corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Donald W. Lewtas CFO & Vice President, Finance
Ewout R. Heersink CFO
Andrew J. Sheiner Managing Director
Anthony Munk Managing Director
Christopher A. Govan Managing Director, Taxation
Mark L. Hilson Managing Director
Nigel S. Wright Managing Director
Seth M. Mersky Managing Director
Timothy A.R. Duncanson Managing Director
Christine M. Donaldson Director, Finance
Emma Thompson Director, Limited Partner Relations
Andrea E. Daly General Counsel
David J Mansell Principal
David R Hirsch
Arni C. Thorsteinson Director
William A. Etherington Director

Board of Directors

Name (plus bio) Position
Gerald W. Schwartz Chairman of the Board, President and Chief Executive Officer
Daniel C. Casey Board of Directors
Donald H. Gales Board of Directors
Heather Reisman Board of Directors
Heather Reisman Board of Directors
J. Robert S. Prichard Board of Directors
John B. McCoy Board of Directors
Peter C. Godsoe Board of Directors
Serge Gouin Board of Directors

Gerald W. Schwartz is the Chairman of the Board, President and Chief Executive Officer of Onex. Mr. Schwartz has been a director of Celestica since 1998. Prior to founding Onex in 1983, Mr. Schwartz was a co-founder and President (in 1977) of what is now CanWest Global Communications Corp. Mr. Schwartz was inducted into the Canadian Business Hall of Fame in 2004 and was appointed as an Officer of the Order of Canada in 2006. He is also an honorary director of the Bank of Nova Scotia and is a director of Indigo Books & Music Inc., a public corporation. Mr. Schwartz is Vice Chairman of Mount Sinai Hospital and is a director, governor or trustee of a number of other organizations, including Junior Achievement of Toronto, the Canadian Council of Christians and Jews, and The Simon Wiesenthal Center. He holds a Bachelor of Commerce degree and a Bachelor of Laws degree from the University of Manitoba, a Master of Business Administration degree from the Harvard University Graduate School of Business Administration, a Doctor of Laws (Hon.) from St. Francis Xavier University, and a Doctor of Philosophy (Hon.) from Tel Aviv University.

Organization Position Status
Celestica, Inc. Chairman of The Board, President and Chief Executive Officer of Onex Current
Onex Corporation Chairman of the Board, President and Chief Executive Officer Current
The Mount Sinai Hospital Governor Current
Toronto.Com Board of Directors Current
The Mount Sinai Hospital Director Current
Celestica, Inc. Director Current
Indigo Books & Music, Inc. Board of Directors Current
Simon Wiesenthal Center Board of Directors Current
The Mount Sinai Hospital Vice Chairman Current
Simon Wiesenthal Center Trustee Current
Toronto.Com Trustee Current
CanWest Global Communications Corporation Co-Founder Former
The Bank of Nova Scotia Board of Directors Current
Simon Wiesenthal Center Chairman Former
Simon Wiesenthal Center Vice Chairman Former
Onex Corporation Director Former
Tel Aviv University Doctor of Philosophy Former
Harvard University Master of Business Administration Degree Former
University of Manitoba Bachelor of Laws Degree Former
St. Francis Xavier University Bachelor of Commerce Degree Former
Tel Aviv University Bachelor of Commerce Degree Former
St. Francis Xavier University Business Administration Former

Organization Position Status
Onex Corporation CFO & Vice President, Finance Current
Onex Corporation Vice President, Finance Former

Organization Position Status
Onex Corporation CFO Current
Onex Corporation Board of Directors Current
Onex Corporation Managing Director Former

Organization Position Status
Onex Corporation Managing Director Current

Organization Position Status
Onex Corporation Managing Director Current

Organization Position Status
Onex Corporation Managing Director, Taxation Current

Organization Position Status
Onex Corporation Managing Director Current

Organization Position Status
Onex Corporation Managing Director Current
Res-Care, Inc. Managing Director of Onex Corporation Current
Spirit AeroSystems Holdings, Inc. Board of Directors Current
Aerosystems Corporation Director Former
Res-Care, Inc. Board of Directors Former

Organization Position Status
Onex Corporation Managing Director Current
Rogers Sugar Income Fund Board of Directors Current
Aerosystems Corporation Former
Rogers Sugar Income Fund Chairman Former
University of Delaware B.S. Former

Organization Position Status
Onex Corporation Managing Director Current
Tube City IMS Corporation Board of Directors Current
Lazard Ltd. Associate Former
Mutual Asset Management Investment Analyst Former
Harvard University School of Business Administration Former

Organization Position Status
Onex Corporation Director, Finance Current
Onex Corporation Director, Finance Former

Organization Position Status
Onex Corporation Director, Limited Partner Relations Current

Organization Position Status
Onex Corporation General Counsel Current
Davies Ward Phillips & Vineberg Llp senior partner Former
The University of Western Ontario L.L.B. Former

David J. Mansell is currently a Principal at Onex Corporation and serves on the board of Husky Injection Molding Systems and Radian Communication Services Corporation. Prior to joining Onex in 2002, Mr. Mansell worked as a consultant for four years with McKinsey & Company, during which time he was an Engagement Manager in the Toronto office and an Associate in the New York City office. Previously, Mr. Mansell worked for Grant Thornton. Mr. Mansell became a director of Tube City IMS Corporation in January 2007.

Organization Position Status
Onex Corporation Principal Current
Onex Corporation Director Current
Radian Communication Services Corporation Board of Directors Current
Tube City IMS Corporation Board of Directors Current
McKinsey & Company, Inc. Engagement Manager Former
McKinsey & Company, Inc. Consultant Former
Harvard Business School M.B.A. (with Distinction) Former

Organization Position Status
Onex Corporation Current
Canadian Imperial Bank of Commerce associate Former
Harvard Business School M.B.A., Harvard Graduate School of Business Administration Former

Organization Position Status
Lanesborough Real Estate Investment Trust President & CEO Current
Huntingdon Founder Current
The Banff Centre Board of Directors Current
Onex Corporation Director Current
Lanesborough Real Estate Investment Trust Board of Directors Current
Manitoba Corporation Former
Bird Construction Company, Inc. Former
University of Manitoba Bachelor of Commerce (Honours) Degree Former

Organization Position Status
Onex Corporation Board of Directors Current
Carleton University Bachelor of Arts in Economics degree Former

Organization Position Status
Onex Corporation Board of Directors Current

Heather Reisman (60) . Ms. Reisman has been a director since 2007. She is the founder of Indigo Books & Music, Inc., a Canadian book and music retailer, and has served as its Chief Executive Officer since 1996. Ms. Reisman also serves on the Board of Directors of Onex Corporation.

Organization Position Status
Indigo Books & Music, Inc. Founder Current
Onex Corporation Board of Directors Current

Organization Position Status
Canada-Heros/Don Jones Chief Executive Officer Current
Indigo Books & Music, Inc. Chairman & CEO Current
Indigo Books & Music, Inc. Founder Current
Onex Corporation Board of Directors Current
J. Crew Group, Inc. Board of Directors Current
Indigo Books & Music, Inc. Board of Directors Current
Cott Corporation President Former
Indigo Books & Music, Inc. President Former
Paradigm Consulting Managing Director Former
TSX Group, Inc. Governor Former
McGill University Former
Williams-Sonoma, Inc. Board of Directors Former

Organization Position Status
Onex Corporation Board of Directors Current

Organization Position Status
Bank One Corp Chairman Current
Cardinal Health, Inc. Board of Directors Current
AT&T Inc. Board of Directors Current
Onex Corporation Board of Directors Current
SBC Communications, Inc. Board of Directors Current
Cpscreen Director Current
Magnify, Inc. Board of Directors Current
Secure Point Director Current
The Chamberpost Board of Directors Current
The Field Museum Trustee Current
Bank One Corp Chief Executive Officer Former
General Motors Corporation Chief Financial Officer Former
Corillian Corporation Chairman Former
Metaldyne Corporation Retired Chairman Former
Kenyon College Chairman of the Board Former
ChoicePoint Inc. Board of Directors Former
Ameritech Corporation Board of Directors Former
Cardinal Health, Inc. Director Former
SBC Communications, Inc. Director Former
Stanford University MBA, Finance Former
Williams College Bachelors Degree Former
Stanford University member Former

Organization Position Status
Fairmont Hotels & Resorts, Inc. Chairman Current
Onex Corporation Board of Directors Current
Barrick Gold Corporation Board of Directors Current
Rogers Communications, Inc. Board of Directors Current
The Bank of Nova Scotia Chief Executive Officer Former
The Bank of Nova Scotia Chief Operating Officer Former
The Bank of Nova Scotia Chairman Former
Harvard Business School Master of Business Administration degree Former
University of Toronto Bachelor of Science degree in Mathematics and Physics Former

Organization Position Status
Onex Corporation Board of Directors Current
TVA Group, Inc. Board of Directors Current
Cossette Communication Group Inc. Board of Directors Current
TVA Group, Inc. Chief Executive Officer Former
TVA Group, Inc. President Former
Cossette Communication Group Inc. Director Former
University of Montreal Bachelor of Arts degree Former

William A. Etherington was elected as one of our directors in May 2006. He currently serves as Chairman of the Board of the Canadian Imperial Bank of Commerce (CIBC). Mr. Etherington retired from IBM in September 2001 as Senior Vice President and Group Executive, Sales and Distribution. Mr. Etherington spent over 37 years with IBM and was a member of IBM’s Operations Committee and Worldwide Management Council. He also serves on the boards of directors of Celestica Inc. and MDS Inc.

Organization Position Status
SS&C Technologies, Inc. Director Current
Lasik Problems Board of Directors Current
Canadian Imperial Bank of Commerce Board of Directors Current
MDS Inc. Director Current
Lasik Results Board of Directors Current
Celestica, Inc. Director Current
The University of Western Ontario Board of Directors Current
Onex Corporation Director Current
St. Michael's Hospital Director Current
The University of Western Ontario Member Current
International Business Machines Corporation Senior Vice President Former
Canadian Imperial Bank of Commerce Non-Executive Chairman Former
The University of Western Ontario Bachelor of Science degree in Electrical Engineering Former

Executive News

  • Onex swings back to profit; eyes distressed deals

    Financial Post - 8/12/09 - View Story

  • Onex Corp. posts $83M profit in second quarter as revenues drop 10 per cent

    Canadian Business Magazine - 8/12/09 - View Story

  • UPDATE 1-Onex posts profit, sees distressed deal potential

    Reuters - 8/12/09 - View Story

  • Onex, Yemenidjian acquire most of Tropicana hotel

    Stockwatch - 7/02/09 - View Story

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OCX $32.20 -0.10 (-0.31% )
Volume 5,662,268
Shares Outstanding 0.
Market Cap 0.
Year High 33.19
Year Low 19.92
Earnings Per Share 2.39
P/E Ratio 13.4728
Dividend 0.70
Yield 2.1739
IndustryTop Rated
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