John I. Bitove has a distinguished record of accomplishment in the corporate and sports endeavours as well as community service in Canada. He is the sole shareholder of Obelysk, which has major investments in the wireless, satellite radio, real estate and other businesses. He is one of the founders of alternative asset investment firm, PointNorth Capital.
He was Chairman and Director of SiriusXM Canada, Canada’s fastest growing media subscription business with 2.6 million subscribers. He was the principal shareholder and CEO of KEYreit, Canada’s premier “small-box” retail property owner with over 220 properties in eight provinces across Canada. He was the founder of Mobilicity, one of Canada’s new entrant wireless operators, recently sold to Rogers.
A passionate Canadian, Mr. Bitove was the volunteer President and Chief Executive Officer of Toronto’s Bid for the 2008 Olympic Games (awarded to Beijing, China). He was the head of the organizing committees that brought the successful World Indoor Athletics (Track & Field) Championships and World Championships of Basketball to Canada in 1993 and 1994 respectively.
In 1993, he founded the Toronto Raptors Basketball Club. He led the NBA franchise-bid process, launched the team and created the Air Canada Centre, Toronto’s major sports and entertainment venue.
A strong believer of giving back to the community, Mr. Bitove founded S’Cool Life Fund, to support public elementary schools across Canada. Since the launch in 2005, S’Cool Life Fund has raised and donated over $2.8 million helping to make school life more enjoyable for thousands of public elementary school kids.