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Paul Hyde named inaugural Entrepreneur-in-Residence

June 09, 2005

Paul Hyde, Queen’s School of Business’ inaugural Entrepreneur-in-Residence, was introduced at a reception in Goodes Hall on May 24, 2005. Dean David Saunders introduced Mr. Hyde’s business partner and friend, Greg Cochrane (MBA’74), who in turn gave a sincere and heart-felt introduction of Mr. Hyde. Mr. Hyde responded that he is thrilled to be part of the Queen’s community and is looking forward to meeting the school’s faculty and students.

Early in his career, Mr. Hyde served in a variety of positions at the Bank of Montreal, GM Canada and CHMC before joining Nortel Networks. At Nortel, Mr. Hyde served in several senior sales and marketing positions in both Canada and Europe.

In 1992, Mr. Hyde formed Kasten Chase Applied Research of Mississauga, a company he grew into a leading systems provider for the global financial services industry. Under Mr. Hyde’s leadership, Kasten Chase emerged as an industry leader; in 2000, the firm was the top performing stock on the Toronto Stock Exchange.

Mr. Hyde retired as President and CEO of Kasten Chase in 2003. He continues to serve as Vice-Chairman and a Director of the corporation, is currently Principal of venture investment firm Temple Mill Ltd., and is the Chairman of Scavenger Energy of Calgary.

As well as being an entrepreneur, Mr. Hyde is an innovator and a hands-on philanthropist. A graduate of the University of Ottawa and the three-week Executive Program at Queen’s School of Business, he is a strong supporter of Queen’s University. He serves as Chairman of the AM McMahon Scholarship Committee, and helped found the Venture Management program at Queen’s School of Business.

As Entrepreneur-in-Residence (EIR) at the Queen’s Centre for Business Venturing, Mr. Hyde will be working with Centre Director Elspeth Murray on a variety of endeavors to improve success for small businesses and entrepreneurial firms, as well as initiatives in social entrepreneurship. He will also be meeting with students one-on-one to discuss New Venture ideas, putting them in touch with his extensive contacts, and sharing his vast experience. His widespread background and prominence in the business community will serve as great assets to the School.

Globe and Mail coverage of the appointment of philanthropist Paul N. Hyde to entrepreneurial post at Queen's School of Business.