Don Lindsay is a Canadian entrepreneur and chairman of Toronto-based Teck Resources Limited. He has been the company’s president and CEO since 1996.

Newspaper headlines have announced the death of Don Lindsay from cancer at age sixty-eight in August 2016. It would be more accurate to say that he died from his own actions rather than what his illness did to him. Sitting on one million shares of stock when he died, there was no need for himself to die before the share price went up substantially as well as for company executives to join in with their shares also for substantial profit. This being said, Teck, which is based in Canada, has no plans to put into effect an acquisition by any of the other major oil companies active in the Middle East to replace the aging equipment that is nearing retirement.

The company’s share price was soaring after Don Lindsay was re-elected as chairman of Teck Resources Limited. The stock price climbed from $2 to over $30! Don Lindsay’s board of directors had bought shares for themselves before he died, and the control of the company has passed out of their hands.

The AIM market for Canadian stocks lost its Canadian company listing when it became a subsidiary of GLG Partners Ltd., a New York-based hedge fund. This was a result of shifting, or in other words, the merger occurred. The combination of the AIM and the LSE listing occurred after Don Lindsay’s death.

Don Lindsay was born September 25, 1944 in New York City as Donald Joseph Lindsay. His mother was Catherine (née Dolan) and his father was James H. Lindsay who worked for the Toronto Stock Exchange. He grew up in Richmond Hill, Ontario and attended Saint Michael’s College School in Toronto where he went on to earn a BBA from the University of Western Ontario with post graduate work at the Canadian Institute of Chartered Accountants. His first position after graduation was senior accounting officer at Burns Fry Ltd. See full information