The Fraser Institute

The Fraser Institute

November 18, 2011 09:30 ET

TELUS CEO Darren Entwistle Honoured With Fraser Institute's T. Patrick Boyle Founder's Award

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2011) - Darren Entwistle, president and CEO of TELUS Inc., was honoured Thursday night with the Fraser Institute's T. Patrick Boyle Founder's Award during a gala dinner at the Vancouver Convention Centre East.

The Fraser Institute gives the award to recognize outstanding achievements in entrepreneurship, the promotion of free-markets, and philanthropic support for private sector, non-profit enterprises.

In accepting the award, Entwistle gave a passionate speech about how today's leaders have a responsibility to create the circumstances to tackle society's most profound challenges, including the future of health care in Canada.

"It is up to each one of us to answer the challenge of health care transformation for our generation and for generations to come," Entwistle said.

"It is our responsibility to demonstrate courage and innovation in rising to this challenge. Technology provides us the opportunity to shape a better future for health care that improves patient outcomes, reduces costs and ultimately drives a shift from remediation to prevention of disease."

During the past 11 years as CEO and president of TELUS, Entwistle has transformed the company into one of Canada's leading national communications providers, serving the needs of customers through its proven national growth strategy focused on data and wireless. Since 2000, TELUS has generated a 139 per cent return for shareholders – the best shareholder return in the world amongst its global peers.

Entwistle has also instilled a commitment to charitable giving within TELUS' corporate culture. Since 2000, the company and its employees have contributed $245 million and 4.1 million volunteer hours of service across Canada. In 2010 TELUS was recognised as the Most Outstanding Philanthropic Corporation in the world by the American Association of Fundraising Professionals, the only Canadian company in history to receive the award.

"Darren Entwistle exemplifies the ideals of free market enterprise, innovation, competition and global leadership," said Brett Skinner, Fraser Institute president.

"Under his leadership, TELUS has been extraordinarily successful and this has contributed immensely to the economic and social well-being of Canadians. Darren's successful pursuit of business excellence has created employment opportunities for thousands of people around the world. Additionally, his drive to support charitable causes locally where TELUS operates is a clear example of the symbiotic relationship between success in business and the well-being of the communities in which we live and work."

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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 85 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute's independence, it does not accept grants from governments or contracts for research.


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