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Trade Regrets: Eddy Shenker (June 11, 2012)

Shenker (right) with JAM's Peter Patrick during the company's formative years.

With heavy hearts, the team at JAM Industries Ltd. has announced the passing of Eddy Shenker, Co-Chairman and partner in the company since 1974. Eddy died on Monday, June 11, 2012 after a short battle with cancer.

After graduating from Concordia University with a commerce degree, Eddy went on to attend McGill University while articling with Ernst & Young to become a Chartered Accountant (CPA). After four years with E&Y, he went into industry in 1967 to become VP, Administration and Finance of a large manufacturing company with over 500 employees. Eddy joined JAM Industries at the beginning of 1974 as VP and partner.

A major figure in the music industry, Eddy was respected, admired, and loved by those who knew him. He was recently presented with a prestigious Lifetime Achievement Award by the Music Industries Association of Canada (MIAC) for his many years of positive influence on the Canadian music industry.

Founded in 1972, Eddy contributed greatly in building JAM Industries Ltd. into a unique distribution network made up of 13 Canadian and US divisions serving markets segments from musical instruments and professional audio and lighting equipment to consumer electronics, with over 500 employees and sales exceeding $225 million.

JAM Industries Co-Owners Eddy Shenker (right) & Marty Golden breaking ground for the company's current Baie d'Urfe headquarters.

Throughout 38 years of company growth, Eddy strove to maintain a very personal relationship with JAM’s suppliers and many of JAM’s dealers. He had a similar approach within JAM, with an open door policy welcoming anyone in the company to walk into his office and chat. His statesman-like balanced perspective will be missed by friends and colleagues around the world.

Eddy is survived by his wife Fran, two children, Brian and Robert, and five loving grandchildren.

The funeral will be held Wednesday, June 13th. Arrangements can be followed by clicking here.

In lieu of flowers, contributions in Eddy’s memory may be made to the Palliative Care Unit c/o the Jewish General Hospital Foundation, 514-340-8251. Click here to make a donation.

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