Joseph Rotman, leading business and U of T champion, passes away at age 80
January 27, 2015
TORONTO, ON – Joseph Rotman once said, “Science empowers us; the humanities teach us to use that power wisely.”
Mr. Rotman, who was one of Canada’s leading innovators and philanthropists, died in Toronto on January 27th, just weeks after his 80th birthday. He leaves a great legacy in a wide array of fields, including business, health care, the arts and higher education.
“The University of Toronto, and indeed all of Canada, has lost one of its greatest champions,” said University of Toronto President Meric Gertler. “Joseph Rotman believed that each of us has a responsibility to help build civil society. He had great faith in young Canadians, in their eagerness and ability to lead the way in that cause. And he was supremely confident in Canada’s ability to compete and to contribute on the global stage.”
Mr. Rotman obtained his master of commerce from U of T in 1960 after receiving his B.A. in philosophy at the University of Western Ontario in 1957. He spent another two years studying business and economics at Columbia University and started his business career in 1962.
Tiff Macklem, dean of the Rotman School of Management, said Mr. Rotman “was a visionary who inspired confidence in a generation of Canadians to see themselves not just as business people and entrepreneurs, but as global leaders. He wanted Canada to be an international player, and he wanted the Rotman School of Management to lead the way. And I believe he succeeded.”
Mr. Rotman and his family had deep roots within the University community, and a long history of volunteerism and involvement with the University of Toronto.
In 1993 he and his wife Sandra made a gift of $3 million through the Rotman Family Foundation towards the construction of a new state-of-the-art facility at the U of T’s business school. Since that time, the Rotmans have given a total of more than $42 million to the institution. The Rotman School of Management, which is named in his honour, has become one of the most innovative business schools in the world.
Roger Martin, former dean of Rotman, said Mr. Rotman “had clear objectives for the school. He believed we needed to take a holistic view of business education. We call it integrative thinking. His enlightened perspective helped vault our school forward, in a world where you need to be at the top of your game when competing in a globalized economy.”
Mr. Rotman received many awards for his volunteerism, including a Lifetime Achievement Award from Life Sciences Ontario in 2012. He advocated for life sciences research excellence and the biotech industry, serving in several leadership roles at leading health care institutions. Mr. Rotman was also passionate about the arts, serving as the chair of the Canada Council for the Arts. In recognition of his commitment to higher education, Mr. Rotman received honorary degrees from U of T (1994) and Western (2009). Most recently, he was an honorary chair of U of T’s Boundless campaign and was appointed chancellor of Western University in July 2012.
David Palmer, vice-president advancement of U of T, said, “Joe Rotman was a visionary and passionate champion of higher education and research. He served this country and his alma mater admirably – his leadership inspired innovative solutions and positive change on some of the most pressing social challenges of our time.”
For more information, contact:
U of T Media Relations