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The story of Tye Burt, a former graduate of Port Perry High School, is one of Canada’s great business success stories. Recently he was nominated to the top fifty business success stories by Investor 500. His mee success has also been writ- i te in Forbes, the ti Chief Executive Officer vom business caaeevine gious business magazine. Tye was a popular student at Port Perry High School and was involved in football, skiing, music and drama. He graduated from Port Perry High School in 1975 and entered the University of Guelph. “Thave always felt proud of graduating from Port Perry High School,” Tye states. “I gained such a solid education there as there were so many dedicated teachers on staff, John Scott taught French, Joa Barton, math, Diane Lackie, English and my father in scien Tye is now the Chief Executive Officer of Kinross Gold Corporation, a Canadian company, and the top performing, gold equity company in the world in 2008. Presently its stock is the top performing stock on the Toronto and New York Stock Exchanges and has been for three ® years. my to this rsniocess has been Tye Burt’s pi T its CEO in 2002 After graduating from the University of Guelph with a degree in history, he decided to work for a year before entering Osgoode Hall Law School. He practiced law for a year before he began working for the Bank of Montreal’s Nesbitt Burns in 1986. Here he devel- oped an interest and skill in business mergers and acquisitions. “This is where I began to feel that I had found my niche,” he says. In 1995 he became managing director of Global Mining at BMO Nesbitt Burns. His success in that area of corporate financing attracted Kinross Gold Corporation Where are they now? Tye Burt is CEO of the world’s largest gold mining company the attention of a number of banking companies and in 1997 he became the chairman of Deutsche Bank Canada. His next move was to Barrick Gold as vice chairman and executive director of corporate development. 02 Kinross Gold was experiencing some difficulties, and lured him away from Barrick and asked him to take control of its company. “It didn’t take me long to realize that Kinross had mines with aging ore bodies, and many of its operations, including our Canadian mines, were stifled with high taxes and excessive labour costs,” he asserts. Tye heads up an eight person management team in To- ronto and has now streamlined the company by closing unprof- itable le mines, seling off the Canadian company 2 and focusin; ng from his staff. 5,500 people sonic with 140 of those at the head office i in Toronto. Presently the company has “Thave always gold mines in the United States, Brazil, Chile, and Russia and felt proud of is exploring in Ecuador and . lexico. graduating In spite ofthe pressures of travelling around the globe, in from order to ensure the company’s Port Perry efficiency he takes Sime fe join 2 is family in Toronto where they High School,” | iive. -— ‘Tye met his wife Janet in »- Tye Burt Muskoka while golfing at her father’s Kirrie Glen Golf Course on the shores of Lake Muskoka. Janet now manages the beauti- ful 2,830 yard nine hole course. The Burt's have three children, 17 year old Andrew, Annie, 15 and Mary, 10, all who share their parents’ love of skiing and sailing. Tye developed a love of those two sports through his par- ents Larry and Diane, who still reside in Port Perry. His father, Please turn to page 4 FOCUS - APRIL 2009 5