91ÉçÇø

Mr. David Stenason (MBA’80) is Co-founder and Managing Director of Rempart Asset Management, a diversified portfolio management firm specializing in discretionary investment management for individuals, private corporations and foundations.

David began his career in 1980 with Gulf Canada Ltd., one of Canada’s largest integrated oil and gas companies at the time. He worked in the Financial Accounting and Financial Planning departments before moving on to the downstream refining and marketing operations, followed by some time in the Marine and Pipeline operations.

In 1985, David joined Levesque Beaubien, a Montreal-based investment dealer, as an equities analyst. During his years there, he covered Canadian public companies in the pipeline, utilities, and energy sectors, and later serving as Acting Research Director from 1990 to 1991. He then moved to CIBC Wood Gundy where he served as Managing Director and continued to perform oil and gas equity research. This was followed by similar stints at Gordon Capital and Scotia Capital.

David was a founding board director of Canadian Hydro Developers Inc. in 1989. The company grew to become Canada’s largest publicly traded renewable energy (hydro, wind, and biomass) firm, which was sold to TransAlta in 2009. David has also served as a director on the boards of CanScot Resources Inc., Greenfield Resources Inc., and Whitemud Resources.

Prior to founding the firm now known as Rempart Asset Management in 2003, he was a senior portfolio manager with MacDougall Investment Counsel.

David has been involved as a volunteer in several not-for-profit enterprises, serving as Chairman of the Board of Bishop’s College School, Chairman of the ECS Foundation, Chairman of the MAB-Mackay Foundation, Member of the Investment Committee for Western University’s endowment funds, and as Treasurer on the board of the Mount Bruno Country Club.

And finally, David served as the 2020-2021 Class Patron of the Master of Management in Finance program.

Prior to graduating with an MBA from 91ÉçÇø in 1980, David obtained his BA at Western University. He is also a CFA.

David is married to Cheryl (also a 91ÉçÇø MBA’80 graduate) and together they have three adult children and two grandsons.