(GFLs main headquarters is located in a much less glamorous Vaughan mid-rise, an hours drive to the north.) Never mind that his brown suede shoes seem utterly ruined, that theres a smear of white sludge across the back of his black sweatshirt, or that in less than half an hour, hes scheduled to meet with an executive at one of GFLs largest investors, the $190-billion Ontario Teachers Pension Plan. [19], In June 2019, Dovigi donated $5 million to fund a new sports medicine clinic, called The Dovigi Family Sports Medicine Clinic, which will be built in partnership with Sinai Health in Toronto. The Toronto-based company is active in waste management. Its okay, Dovigi says of the stains. An Embraer Legacy 450 with registration C-GDJG. Investors have driven valuations to record highs. Aside from GFLs steady diet of small waste companies, several blockbuster deals over the past five years have dramatically expanded its reach. [11], Dovigi then established a new company and worked with the municipality of Vaughan and the environment ministry for two years to return the operating license to the waste transfer station. Patrick Dovigi, the CEO of GFL Environmentalthe fourth-largest waste management company in North Americaclambers over a pile of stained mattresses, crushed plastic bottles and rotting wood at the companys waste transfer station in northwest Toronto. It has 9,000 employees. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, $16M Fisher Island closing tops weekly condo sales in Miami-Dade, Related Group and partners in contract to buy Fisher Island dev site for luxury condo project, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. Last year, GFLs revenue topped $2.7 billion, with half of that flowing from the U.S.; the company saw its earnings before interest, taxes, depreciation and amortization more than double, to $660 million. Reached by phone by Business in. We spend a lot of team researching and deeply investigating yacht ownership structures. Sometimes when he speaks about his plans for GFL, he comes across like a hockey player giving an interview between periods: You know, weve got to continue executing the organic growth initiatives and, you know, expanding some of the liquid waste business and infrastructure business into the U.S. During one hour-long interview, he repeats you know more than 200 times. We push all the money out into the field to the regional guys, who know their local markets better., Those who have watched Dovigis rise know his willingness to leap into the trenches is what sets him apart. Before he could put his plan into action, Dovigi says he was pushed out by the DiBattista family. He is the owner of the luxury motor yacht Lady Jorgia. [11], In 2004, Dovigi took a seat on the board of NGTV, otherwise known as No Good TV, which was a YouTube music and celebrity channel and an organization chaired by Kiss bassist and vocalist Gene Simmons.[6]. More Yacht Tenders. Opponents pleaded with council to block the redevelopment, with several citing Dovigis own nearby cottage as a reason. The seller is Lewis A. Sanders, founder and chief executive of New York investment firm Sanders Capital, the people familiar with the deal said. According to SEC documents he owns approximately 4% of the companys shares, which have a value of around $750 million. It was while working at Brovi Investments that Dovigi gained his first experience in waste management. [7], Dovigi played minor league hockey in Canada, tending goal for the Ontario Hockey League (OHL)s Erie Otters in parts of three seasons from 1996 to 1999. Info about the yachts Owner, more Photos and Video, her current Location, and the latest News. Dovigi, 33, of Toronto, said he had believed the mom, Mojdeh Razi, 36, an interior designer, was only taking a vacation and would return to Canada for the birth. In 2007, Patrick had a vision to create a company that is Read More Patrick Dovigi's Phone Number and Email Last Update 11/30/2022 11:28 PM Email p***@gflenv.com Engage via Email Contact Number One project drew stiff resistance from locals. He also brought in an outside law firm and forensic auditor to screen employee emails for evidence they were aware of the corruption. [14] In 2018, he appeared on the Canadian Business - Canada's Richest People 2018 list at #97 with a listed net worth of $1.08 billion. Dovigi wasnt above mixing it upa YouTube clip from 1996 shows him and a rival goalie exchanging blows at centre ice. With thousands of daily visitors and a strong growth rate, The details about yacht ownership as stated on this site and in our Yacht Owners Register are. It must be the Mafia thats involved, says Dovigi, whose stocky six-foot frame and dark hair would certainly get him an audition for the part. The yachts owner was Canadian billionaire Patrick Dovigi. Dovigi. Toronto is one of them. When Dovigi settled on a colour, he asked PPG for a commitment: Once GFLs fleet hit 1,000 trucks, PPG would change the name of the hue to GFL Green. This London-based design studio specializes in superyachts, sailing boats, buildings, and even private jets. Under Dovigi's leadership, GFL Environmental has grown to have a total enterprise value of $5.13 billion as of April 2018. Sign in or register for your free account, Spruce Point Capital Management targets waste management giant, Province proposing Mining Act changes to boost critical mineral production, Feds won't match Ontario's billion-dollar Ring of Fire pledge until assessments are done, Indigenous biomass heat and power plant lands $35 million from Ottawa, Dyment Quarry - Dryden ON - Mining Shift Change Supervisor. Since then, drawing on the discipline he learned in his earlier hockey career, Patrick has driven GFL to become the 4th largest environmental services company in North America. The familys own cottage was a 7,500-square-foot home with two boathouses Dovigi built on the private 3.5-acre Star Island, which he bought for $2.8 million in 2013. How could a man whose rsum includes a stab at becoming an NHL goalie, a stint in automotive leasing and a failed venture alongside Kiss frontman Gene Simmons, create such a vast fortune from nothing? Green For Life maintains over 20,000 employees and Dovigi's net worth is estimated at over $1 billion. Andrew Winch started his career by working at Jon Bannebergs design studio. I dont smoke, I dont drink, I dont do drugs. For decades, Asian markets, particularly China, couldnt get enough of the worlds empty plastic bottles, old newspapers and aluminum cans, which could be cheaply remade into new goods. After trying out unsuccessfully for the Detroit Red Wings, he decided to hit reset. He resigned on 1 March 2023 after being arrested due to charges of Child Pornography. (. Patrick Dovigi FOUNDER & CEO Luke Pelosi Executive Vice-President and Chief Financial Officer Mindy Gilbert Executive Vice-President and Chief Legal Officer Greg Yorston Executive Vice-President and Chief Operating Officer Joy Grahek Executive Vice-President, Strategic Initiatives He knew GFL could get its trucks rolling faster, and do the job with fewer vehicles, than the city did. Theres some irony in the fact that as the Western world faces a garbage crisis, the garbage business is booming. Under Dovigi's leadership, GFL Environmental has grown to have a total enterprise value of $5.13 billion as of April 2018. He was born into the large Italian community in Sault Ste. None of it is rocket science, but its putting in a lot of time to understand the business on the ground, says Pelosi. In an affidavit filed in BC Supreme Court April 20, West Vancouver resident Delia Mulholland says the certificate of pending litigation on the property at 2978 High Point Drive, a vacant lot assessed last year at $2.26 million, is causing hardship and inconvenience because it hinders access to funds she requires. On a psf basis, it marks a record on Fisher Island and second priciest countywide, Patrick Dovigi in front of his four-bedroom unit at Palazzo Della Luna (Lifestyle Production Group, Chrisn45, CC BY-SA 4.0/via Wikimedia Commons). Pool photo by Andrew J. Whitaker. From 1999 to 2002, Dovigi served as vice president of Right Lease, a construction equipment and automotive leasing company. Dovigi, founder and CEO of Canada-based Green for Life Environmental, was a goalie for the Edmonton Oilers. Readers of design magazine OBJEKTInternational got a peek inside House Dovigi in 2017, when it devoted a spread to the couples Ritz-Carlton penthouse. You live and you learn.. That property, a roughly. In 2009SuperYachtFanin its current format was published online and soon the focus changed from yacht photos toyacht owners, creating theSuper Yacht Owners Register. SEASENSE (207 feet) I dont have any vices except for onecars, he says. The closing of the notes offering and the expansion of our U.S. footprint through the announced acquisitions of WCA Waste Corporation and the Waste Management, Inc. and Advanced Services Disposal, Inc. divestiture assets reflect our strong commitment to a dynamic growth strategy and the creation of long-term shareholder value. U.S. Vacation-Home Market Is Outpacing the Broader Housing Boom. GFL Environmental Inc. (NYSE:NYSE:GFL) Q2 2021 Earnings Conference Call July 29, 2021 8:30 AM ETCompany ParticipantsPatrick Dovigi - Founder, President, Chief Executive OfficerLuke Pelosi -. I think the lion's share of that will come in through various parts of the year in 2023, and you . This site is for entertainment purposes only.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'superyachtfan_com-large-mobile-banner-2','ezslot_8',676,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-large-mobile-banner-2-0'); The content of this website and all associated media are subject to copyright. CRN Yachts is a luxury yacht builder based in Ancona, Italy. As for that Toronto contract, it lived up to its promise of cutting costs for the city, despite a rocky start that included delays, missed pickups and, as one city councillor put it, GFL trucks leaking garbage juice everywhere. Von Hanaus PDS Development has two developable sites left on the island, one of which is in contract to sell to the Related Group and billionaire Teddy Sagi. Dovigi knew many mom-and-pop operations would soon go on the block as their owners retired, but the big guys were too lumbering to be interested in such tiny deals. ago] Height 6.01 -- Weight 203 [185 cm/92 kg] Drafted by Edmonton Oilers A two-month cleanup became a two-year project, during which, Dovigi says, his eyes were opened to opportunities in the industry. Last year, it reported a net loss of $611 million, a sixfold increase from 2017, due, in part, to a jump in interest charges and other finance costs. Patrick is also driven by a passion to give back to charities in our host communities. GFL Green was born. I still believe we would be offering a better public service and treating workers better if we kept garbage collection in-house, says city councillor Gord Perks, a longtime critic of privatization. Payne, whose private equity fund sold its stake in GFL after 11 years, says analysts will want to see exactly how GFLs frantic pace of acquisitions are leading to synergies and quarterly improvements in productivity. The arena will be called the GFL Memorial Gardens for the next 10 years. The merger doubled GFL's presence in the United States.[4]. He is the founder of BB Retail Capital. Dovigi continues to serve as GFL's president and chief executive officer. It should be noted that GFL, its operations and this team have been through several very thorough and extensive diligence processes by leading global private equity firms, pension funds and sovereign wealth funds over the course of almost 14 years, as well as being vetted by underwriters and investors throughout a robust initial public offering process. A year later, the case went all the way to the Supreme Court of Canada, which sided with Razi. [21], Last edited on 30 September 2022, at 02:08, "Top of the heap: How BC Partners pulled off the biggest private buyout in Canada with GFL deal", "GFL Environmental Inc. announces $5.125 Billion recapitalization with new investors led by BC Partners and their partner OTPP", "GFL Environmental buying U.S. company Waste Industries in deal valued at $3.65B", "Toronto's new garbage magnate stickhandles his way to the front", "Q&A: Patrick Dovigi, the NHL-goalie-turned-entrepreneur who won Toronto's lucrative garbage contract", "Muskoka, Canada's Vacation-Home Haven, Gets a Modern Makeover", "Looking back at the 1996 and 1997 drafts", "Business is picking up at garbage upstart Green for Life", "GFL Environmental Completes CAD$800m Acquisition of Matrec", "GFL to stay private amid IPO rumors with $5B recapitalization deal", "GFL Founder & CEO Patrick Dovigi Wins Prestigious Ernst & Young Award", "We can officially call it 'The Gardens' again", "Marty Bryant, Patrick Dovigi and Tara Hemmer Elected to EREF Board of Directors", "Patrick Dovigi Donates $5M To Fund New Dovigi Family Sports Medicine Clinic", https://en.wikipedia.org/w/index.php?title=Patrick_Dovigi&oldid=1113156233, This page was last edited on 30 September 2022, at 02:08. They have tons of experience in superyacht designs. The people who work for GFL dont enjoy the same level of job security, health and safety protection, and all the benefits public sector workers enjoy. (The company says it places a high priority on the health and safety of its workers.) [6] Dovigi lives in Toronto with his wife and five children and has a second home in Muskoka, Ontario. Patrick Dovigi Net Worth Patrick Dovigi Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. On the day of our photo shoot, Dovigi arrives in a sleek black Lamborghini SUV, which hed bought three months earlier and planned to swap for another set of wheels three months later. The buyer is listed as Patrick Dovigi, a former professional hockey player once drafted by the Edmonton Oilers, who now runs a sanitation company in Ontario.