Eulogy Of Gordon Nixon

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BIOGRAPHY OF GORDON NIXON BY: Mohit Agastya(300822554)

Position/Title:
Gordon Nixon is currently working as a director of BCE and George Weston limited.
Gordon Nixon who was the CEO of Royal Bank of Canada gave up his position recently on August 1st 2014 and was succeeded by David McKay. Gordon Nixon was in the position of CEO for 13 years and built up the shares of Royal Bank to it’s peak as it was the strongest shares of all global banks.

Career History:
He became the chief executive of Royal Bank at the age of 43 which was in the year 2000, since when the shares of the bank went up the chart. Soon after a year he was promoted as the president of RBC by succeeding John Cleghorn which was on
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Nixon is married to Janet and has three children, who are currently working and doing their schooling in London, Paris and North Carolina.
Sports and other passions:
Gordon Nixon plays golf, tennis and he likes sailing, Pilates and hockey. He is a fan of sports car and drives Mercedes S500.He even likes Italian white wine from Italy’s Piedmont reagion.
Corporate Vision:
Nixon who was the head of Canada’s largest bank for 11 years is a role model and a top specialist who has inspired millions of youngsters to grow in this filed. In the year 2004, RBC invented a concept of “Client First”. This corporate vision helped in the growth of RBC for its extraordinary share value says Nixon.
The “Client First” concept is supported by RBC’s corporate values of service, teamwork, responsibility, diversity and integrity. With the current situation in the present market the leaders communicated much with their employees about the situation and what measures has to be taken to resolve it. Their idea was to engage employees for the support and improvement of their company’s vision and values which helps the company to grow
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It’s asset is approximately around $637-billion. Even till date RBC holds a strong balance sheet by generating earnings of $4.5-billion every year in spite of the country’s economical conditions or difficult market.
The RBC awarded Nixon with many titles for their rapid growth and their firm foundation in their shares. Nixon gave a statement telling “I think one of the best measures of the effectiveness of our corporate culture is our performance as a company,” and “A strong culture of collaboration and co-operation are essential in allowing employees to leverage RBC’s strengths for the company’s clients across the world”.
Social responsibilities:
Nixon stated that company’s value cannot be judged solely on its financial performance, but should include a longer-term view of issues that affect the company’s daily operations and overall sustainability.
RBC is one of the largest corporate donors which donated approximately $53-million in the year of 2007 while Nixon was president of RBC. He also supported community events, art exhibitions, theater performances and athletes by providing them sponsorships. He also started Blue water Project where the RBC provides $50-million to support the water usage and to provide access to clean drinking water for the

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