Paul Alofs President & CEO The Princess Margaret Hospital Foundation

Paul is the President & CEO of The Princess Margaret Hospital Foundation in Toronto. The Foundation raises about $70 million a year for cancer research, patient care and education. He currently serves on the Board of Equitable Trust (TSE:ETC) and has been elected to the International Cancer Foundation in Geneva (ICF). He has also served as Board Chair of Covenant House, Canada’s largest shelter for homeless youth.

Paul grew up in Windsor, Ontario and began his career in marketing with Colgate-Palmolive Canada in 1978. After obtaining his MBA from York University, he worked with an entrepreneurial marketing services company called Marketing & Promotion Group. In 1989 he was named President of HMV Music Stores Canada and grew that business from $30 million in revenue to over $200 million in annual revenue. He was President of BMG Music Canada and was named Music Industry Executive of the Year in 1996.

He relocated to Los Angeles after leaving BMG and became General Manager of the 500 Disney Stores in North America. He had P&L responsibility for the 15,000-employee Store group. He left Disney to help with the start-up of MP3.com. In his role of President, Strategic Business Units, he helped launch one of the more successful IPOs of the Internet age. After selling his MP3.com shares in November 1999, he became a private investor, board member and not-for-profit volunteer.