Stu Clark Honourary Degree - 2011

Honouring Stu Clark, B. Comm. (Hons.) (Manitoba) with an Honourary Degree from the University of Manitoba on Wednesday, June 1st, 2011.

» Bio: A renowned entrepreneur, philanthropist and volunteer, Stu Clark [BComm(Hons) (Manitoba)] is recognized for his tireless dedication to supporting a variety of charities and educational institutions in Canada. Growing up in rural Manitoba, the second of four kids born to a teacher and a nurse who volunteered often, Mr. Clark was taught early about the value of giving back. To date, the modest Calgary businessman has given millions to various Alberta charities. And in the past couple of years, he has donated in excess of $9 million to his alma matter, the University of Manitoba, which enabled the establishment of the Stu Clark Centre for Entrepreneurship in the I.H. Asper School of Business. The Centre cultivates the development of new businesses and entrepreneurial thinking among Canadians and students by encouraging them to consider entrepreneurship as their life’s calling. Currently, the Stu Clark Centre supports a variety of programs aimed at youth as well as undergraduate students. Mr. Clark also donated $4 million to the Canadian Museum for Human Rights, which recently announced plans to name a room after him in the museum, called the Stuart Clark Garden of Contemplation. Born in 1954, Mr. Clark graduated with a BComm (Hons) from the University of Manitoba in 1976 and immediately set to becoming a successful entrepreneur. After graduating from the University of Manitoba, he went west, to work in business and the banking industry in Vancouver and Calgary.

He returned to commercial banking in Winnipeg with the TD Bank and the Northland Bank, gaining invaluable experience in that field before being transferred back to Calgary in 1984. In 1986 he worked as Chief Financial Officer in a public oil and gas exploration company, Pinnacle Resources. He and his partners raised $2 million of shareholder capital; they sold that company in 1998 for approximately $1 billion. Since then Mr. Clark has been involved in the start-up and reorganization of a number of Calgary-based public and private entities. Mr. Clark officially retired in 2001 but continues to sit on the Board of Storm Exploration Inc., and is Chairman of the Board of Rock Energy Ltd.

Today, his focus revolves around his philanthropic interests; causes he’s chosen specifically to match his areas of interest and passion. His endowments to the University of Manitoba and the Canadian Museum for Human Rights stem from his belief in the power of education.

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