Canada - Barry, 75, & Honey Sherman, 70, found dead, Toronto, 15 Dec 2017 #14

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  • #741
As a side note, fwiw..
Apotex Corp. names new Presdient & Chief Executive Officer
''WESTON, FL, Dec. 2, 2020 /PRNewswire/ - Apotex Corp. announced today that its board of directors has appointed Peter Hardwick as President & Chief Executive Officer of Apotex Corp., effective immediately.

This announcement serves to formalize Peter's leadership role, and no other changes to operations or structure are currently being planned. Peter, who has been with Apotex Inc. for 14 years, has served in an interim leadership role with Apotex Corp. since 2019, helping to navigate the business through unprecedented challenges created by the pandemic.

"Peter's track record as a commercial executive in the pharmaceutical industry has been demonstrated time and again," said Jeff Watson, Global President & Chief Executive Officer, Apotex Inc. "The US market continues to be a growth engine for Apotex and under Peter's leadership, I have every confidence this will be further accelerated."
 
  • #742
  • #743
waiting ... for an arrest ...
 
  • #744
As a side note, fwiw..
Apotex Corp. names new Presdient & Chief Executive Officer
''WESTON, FL, Dec. 2, 2020 /PRNewswire/ - Apotex Corp. announced today that its board of directors has appointed Peter Hardwick as President & Chief Executive Officer of Apotex Corp., effective immediately.

This announcement serves to formalize Peter's leadership role, and no other changes to operations or structure are currently being planned. Peter, who has been with Apotex Inc. for 14 years, has served in an interim leadership role with Apotex Corp. since 2019, helping to navigate the business through unprecedented challenges created by the pandemic.

"Peter's track record as a commercial executive in the pharmaceutical industry has been demonstrated time and again," said Jeff Watson, Global President & Chief Executive Officer, Apotex Inc. "The US market continues to be a growth engine for Apotex and under Peter's leadership, I have every confidence this will be further accelerated."

I notice several of Apotex’s senior executive are long tenured employees. JW was with Apotex for 25 years in various capacities prior to his appointment of CEO Apotex Inc.

Nothing about that is significant other than it seems there hasn’t been a mass exodus of long tenured employees even though the company has underwent a significant change in majority shareholders, even if we choose to believe JS cruelly booted out JK.

Our Leadership
 
  • #745
I had the impression that although BOTH men (BS and JK) had relinquished their day-to-day overseeing status, they were both attending the office everyday to work on other aspects. I recall it being said that had JK not been out of the country attending a concert, he would've noticed BS's absence on the Thursday. JK was asked to take over Desai's role when Desai left (on the same day as TPS announced double homicide), but that didn't mean he wouldn't have still wanted to remain involved in the business/operation in same capacity as he was, prior to that. Also, it was said that HS had parked in JK's parking spot next to her husband's when she attended the meeting with the builders on the Wednesday evening, knowing that JK was out of town at that concert - and that Desai had news to share with B, but since he saw H's vehicle there, he chose not to bother him with it and to instead wait until next day.

I didn't get the impression that the allegations of friction between JK and 'family' were anonymous. My impression is that they came directly from the horses' mouths.

Also, imho, there is no way that estate is anywhere near settled.

"Jack Kay, who would have noticed his friend’s absence, was out of town in New York." (ebook pg 267)

"Kay’s plan, as he had told colleagues at Apotex, was to retire on March 31, 2019. There would likely be a party—not that he liked parties—but he expected there would be some sort of event. It would be bittersweet, of course, but still a recognition of his many years of service. There had been tension between Kay and Jonathon Sherman in the past few months. Kay was balking at how fast the plans for selling Apotex were moving. He wanted to honour Barry Sherman’s legacy and ensure that the employees were protected. At one point, according to Sherman family sources, Jonathon had suggested that Kay was somehow involved in the murders, and tried unsuccessfully to convince his sister Alex that this was the case." (ebook pg 272)

Hasn’t it been reported the four children are equal owners of Apotex and prior to that, the majority of Barry’s billion-plus net worth was comprised of the value of Apotex? If that is true then the estate must be largely settled.

As nobody contested the Estate, 3 years is more than enough time to disburse it.

JMO
 
  • #746
According to what KD has written, the transfer of ownership of Apotex has already occurred.

“When Barry and Honey Sherman were killed, majority ownership of the company went to the Sherman children: Lauren, 43, Jonathon, 35, Alexandra, 32, and Kaelen, 28.”
Barry Sherman's son tells Apotex CEO to leave
 
  • #747
View attachment 274389
Barry and Honey Sherman sued builders of North York home

I vaguely recall noticing a better photo somewhere but isn’t that a glimpse of the spiral staircase leading from the main foyer to the 2nd level on the right side of this photo?
View attachment 274389
Barry and Honey Sherman sued builders of North York home

I vaguely recall noticing a better photo somewhere but isn’t that a glimpse of the spiral staircase leading from the main foyer to the 2nd level on the right side of this photo?

This is the staircase that I consider part of the large foyer. It’s not an a spiral. It’s showing on the right in this photo because the photo was taken from the back to show another view. The photo I was referring to of this staircase was taken from the front door area that shows it in the left with the spiral at the back of the house.
 
  • #748
Hasn’t it been reported the four children are equal owners of Apotex and prior to that, the majority of Barry’s billion-plus net worth was comprised of the value of Apotex? If that is true then the estate must be largely settled.

As nobody contested the Estate, 3 years is more than enough time to disburse it.

JMO
Yes you are correct on all points. although are you referring to JK and the Sherman kids with regards to friction. I believe that BS and JK did not have any issues except I’m sure for typical stuff that would happen when two people work along side each other every day.
He was asked to come back to take the helm for a while. He and Barry it’s my understanding we’re working on new projects.
 
  • #749
JK had already retired as CEO when the Shermans were murdered after a 35 year career. After that he was Vice-chairman of the Board, not a role responsible for overseeing day-to-day activities of the company. To temporarily step back into the active role as CEO for a year especially after Desai suddenly resigned in order to transition Apotex forward toward new leadership isn’t at all unusual in the corporate world. It’s not as if JK was hanging around waiting for a promotion. At his age why would he want to become a permanent CEO again, having already left it after a long career? Instead its an excellent example of a retired executive who is devoted to the company’s best interest, by temporarily stepping forward to ride out tough times suffered by the company due to the sudden death of the owner.

Do you really think he’d have done this for an entire year if he had the slightest doubts about any of the beneficiaries?

Barry and JK were longtime associates and friends. While it may seem as if JK is the outside of the murder investigation, like others who were closest to Barry, I’ve no doubt he’s been very helpful in providing information to LE. Once again, it’s only been by anonymous allegations there was friction between JK and the family. That JK was “booted” seems a totally ridiculous story, considering all.

Do we know if the estate’s been settled? It would seem to be it has been. If it has then each of the executor’s duties are concluded. It’s not like a permanent job.

JMO
Jonathon Sherman had Jack Kay escorted out of the building of Apotex on the first anniversary or a day later of the murder of Honey and Barry Sherman.
He was told his service was no longer needed.
He was not even allowed to take his personal belongings. They were sent to him later.
 
  • #750
Jonathon Sherman had Jack Kay escorted out of the building of Apotex on the first anniversary or a day later of the murder of Honey and Barry Sherman.
He was told his service was no longer needed.
He was not even allowed to take his personal belongings. They were sent to him later.

When KD first ran with this story, it appeared to elude to JS booting JK so he could take over JKs role in running his father’s company for himself. Two years have gone by, that didn’t happen.

Other parts of the story made it appear JS was planning to immediately off load the company, assumably out of greed for money. Two years have gone by, that hasn’t happened either.

So as none of the motives for the booting ever transpired, might it be reasonable to question the validity of the entire story?
 
  • #751
I’m copying this quote regarding an unrelated crime just to illustrate LE’s reference to “no suspects”, even though it’s quite obvious they don’t believe the victim shot himself. As I read it, considering all the discussions about these same two words here on these threads, the initial thought that crossed my mind was “how can there be no suspects!”.

BBM

Police investigate suspected targeted shooting in southeast Calgary | Calgary Herald
“Police said this is the second such event in about a week in the same area. They believe they know who may have been the intended target in the shooting, but have no suspects at this time.”
 
  • #752
When KD first ran with this story, it appeared to elude to JS booting JK so he could take over JKs role in running his father’s company for himself. Two years have gone by, that didn’t happen.

Other parts of the story made it appear JS was planning to immediately off load the company, assumably out of greed for money. Two years have gone by, that hasn’t happened either.

So as none of the motives for the booting ever transpired, might it be reasonable to question the validity of the entire story?

The Sherman children, in aggregate, own or control the majority of the shares. There are still minority shareholders.

It is not reasonable to assume that apotex could be immediately sold after the deaths, certainly for anything approaching an enhanced value. The industry is in flux, generic prices have been under pressure, and the company had just experienced the loss of its founder who was still a valuable part of the business, even though he had pulled back somewhat, or delegated some responsibilities to others.

In the intervening period the company has been streamlined and restructured, with the assistance of external consultants, as well as Apotex management. I expect that the company will be sold, as the children surely have more than enough money and don’t need an ongoing income stream from the company.

There is no doubt that JK was escorted from the building. The Trustees reasons for doing so are unknown to the public.
 
  • #753
I’m copying this quote regarding an unrelated crime just to illustrate LE’s reference to “no suspects”, even though it’s quite obvious they don’t believe the victim shot himself. As I read it, considering all the discussions about these same two words here on these threads, the initial thought that crossed my mind was “how can there be no suspects!”.

BBM

Police investigate suspected targeted shooting in southeast Calgary | Calgary Herald
“Police said this is the second such event in about a week in the same area. They believe they know who may have been the intended target in the shooting, but have no suspects at this time.”

In police speak, it seems that they have no suspects. But they have Many many “persons of interest”
 
  • #754
When KD first ran with this story, it appeared to elude to JS booting JK so he could take over JKs role in running his father’s company for himself. Two years have gone by, that didn’t happen.

Other parts of the story made it appear JS was planning to immediately off load the company, assumably out of greed for money. Two years have gone by, that hasn’t happened either.

So as none of the motives for the booting ever transpired, might it be reasonable to question the validity of the entire story?

I don’t believe it had anything to do with JS taking over Apotex. I believe he wanted to remove the person who was the closest with Barry Sherman and was privy to much personal information. BS confided in JK.
regarding the selling of Apotex. I don’t believe it’s so easy and straightforward . Keep in mind, there are three other adult children who are also beneficiaries. JS can’t make the decision to sell without the other three agreeing to it.

<modsnip: No link to substantiate information stated as fact>
 
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  • #755
I don’t believe it had anything to do with JS taking over Apotex. I believe he wanted to remove the person who was the closest with Barry Sherman and was privy to much personal information. BS confided in JK.
regarding the selling of Apotex. I don’t believe it’s so easy and straightforward . Keep in mind, there are three other adult children who are also beneficiaries. JS can’t make the decision to sell without the other three agreeing to it.

<modsnip: No link to substantiate information stated as fact>
Forgive the poor spelling and punctuation. I’m not paying attto spellcheck.
 
Last edited by a moderator:
  • #756
I’m copying this quote regarding an unrelated crime just to illustrate LE’s reference to “no suspects”, even though it’s quite obvious they don’t believe the victim shot himself. As I read it, considering all the discussions about these same two words here on these threads, the initial thought that crossed my mind was “how can there be no suspects!”.

BBM

Police investigate suspected targeted shooting in southeast Calgary | Calgary Herald
“Police said this is the second such event in about a week in the same area. They believe they know who may have been the intended target in the shooting, but have no suspects at this time.”
"having no suspects at this time" is way different from "no suspects are being sought"

• Hours after the bodies were discovered, a detective confirmed no suspect was being sought and police have not said otherwise in the days since.

Police investigating Sherman deaths checking sewers for clues
 
  • #757
"having no suspects at this time" is way different from "no suspects are being sought"

• Hours after the bodies were discovered, a detective confirmed no suspect was being sought and police have not said otherwise in the days since.

Police investigating Sherman deaths checking sewers for clues

When a homicide team takes over a case, that’s not an indication TPS is seeking to undertake an investigation in order to determine who’s responsible for the homicide?
 
  • #758
I don’t believe it had anything to do with JS taking over Apotex. I believe he wanted to remove the person who was the closest with Barry Sherman and was privy to much personal information. BS confided in JK.
regarding the selling of Apotex. I don’t believe it’s so easy and straightforward . Keep in mind, there are three other adult children who are also beneficiaries. JS can’t make the decision to sell without the other three agreeing to it.

<modsnip: No link to substantiate information stated as fact>

We’d have to assume JK and the four Sherman children were total strangers. But that’s not true. JK was a longtime very close friend and business associate who reportedly also was a Trustee of the Estate and a 10% shareholder of Apotex as well. So to believe JK was scuttled out the door by JS, who would’ve known JS had no authority, is totally ridiculous.

Besides, there’s no way JK would temporarily agree to once again take over the CEO position of a multi-billion dollar company during a transition period, a role he’d already retired from, without a set contract with terms including duration, salary and benefits. I don’t believe for a moment the people involved are as stupid or naive or unprofessional as this story appears to suggest.
 
Last edited by a moderator:
  • #759
When KD first ran with this story, it appeared to elude to JS booting JK so he could take over JKs role in running his father’s company for himself. Two years have gone by, that didn’t happen.

Other parts of the story made it appear JS was planning to immediately off load the company, assumably out of greed for money. Two years have gone by, that hasn’t happened either.

So as none of the motives for the booting ever transpired, might it be reasonable to question the validity of the entire story?

Just because something was planned, and a motive for other actions by JS, but did not come to fruition does not change the intention. Each of has had plans, set things in motion, then things have come up that made us stop.

Who knows from JS's perspective, all KD 'meddling' has caused a need for an alternative strategy.
IMO
 
  • #760
When a homicide team takes over a case, that’s not an indication TPS is seeking to undertake an investigation in order to determine who’s responsible for the homicide?
In the beginning, according to many many media reports up to this day, police reportedly believed this was a murder/suicide, for reasons unknown to us. Whatever evidence the scene provided must have indicated that. It seems that this is now backed up by some of what we have learned in recent reports released by the court to KD in regard to reasons for warrants issued. They seemed to believe there was one murder and one suicide. Homicide took the lead in the case it seems because they believed there was at least one homicide. Nobody said they weren't going to undertake an investigation.

If police had believed the couple were both murdered, I'm hoping and assuming they would be smart enough to be "looking for an outstanding suspect", rather than NOT looking for one. It seems there were no outstanding suspects, which pretty much everyone understands to mean that any suspect is already accounted for. And if they didn't know if it was M/S or M/M, then why placate neighbours when neighbours may have been at risk too.

According to the results of a post-mortem examination, both died as a result of "ligature neck compression." While homicide investigators have taken the lead in the case, it has not been classified as a homicide but, rather, a "suspicious death investigation."

Police said there was no threat to public safety. Brandon Price, a detective with the Toronto homicide squad, said investigators found no signs of "forced entry" into the house, and police were not "currently seeking or looking for an outstanding suspect."


On Tuesday, Toronto police confirmed to CBC News that they "have no evidence to change what we have said."


https://www.cbc.ca/news/canada/toronto/barry-sherman-honey-sherman-homicide-deaths-1.4456170
 
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