Paul SternMergers and Acquisitions Associate, Automotive
Paul has over 40 years of business experience in Toronto. In 1980, Paul entered the automotive industry and never looked back. His automotive career started with him selling Ford and GM products. Three years later, Paul was put promoted to General Manager of a major GM Dealership in Toronto.
In 1985, Paul acquired a struggling Subaru Dealership and by the end of the year, it went from bottom-standing to top-performing nationally. Two years later, Chrysler offered Paul to spearhead an ambitious dealership start-up in the heart of downtown Toronto; Toronto Chrysler was born. In 1991, Paul acquired Parkwood Chevrolet Oldsmobile Cadillac.
Throughout his automotive career, Paul has been involved with Chrysler’s Dealer Councils, served as President of GMDA (General Motors Dealer Association), President of TADA (Toronto Automotive Dealer Association), and President of CIAS (Canadian International Auto Show), to mention a few.
Paul’s acumen for negotiations proved pivotal when TADA was involved in the formation of OMVIC (Ontario Motor Vehicle Industry Council). Paul served on many boards, and was a founding board member of the Ashkenaz Foundation, which gifts Toronto with an annual klezmer music festival.
Paul graduated from the University of Toronto with a Bachelor of Science in Organic Chemistry. His favourite pastime is grabbing Starbucks with younger people and believes that learning as much as you teach is one of life’s greatest gifts.