Zita Cobb
Zita Cobb, CM, is a Canadian businesswoman and social entrepreneur[1][2] who grew up on Fogo Island, a small outport fishing community off the North East coast of Newfoundland, Canada, in the North Atlantic Ocean.
Cobb is the co-founder and CEO of the registered Canadian charity, Shorefast, which she launched with her brothers Anthony and Alan Cobb, on Fogo Island in 2004.[2][3][4] She is also the innkeeper of the luxury Fogo Island Inn.[5]
Cobb has been recognized for her contributions to the Canadian economy and business world.
Early life and education
Cobb is an eighth-generation Fogo Islander.[6] Cobb has six brothers,[7] and her father was a 7th generation inshore fisherman. She grew up in a household with no electricity or running water.[7] She survived tuberculosis at the age of six during a year spent at a sanatorium.[8][9] Cobb studied business and graduated from Carleton University in Ottawa.[10][7]
Career
Cobb started working with various oil companies in Alberta, and traveling in Canada and Africa.[7] She worked at Ottawa-based JDS Fitel for ten years and became the CFO.[7] The company merged with the U.S. company Uniphase in 1999 to become JDS Uniphase.[11][7] In 2001, she exercised stock options worth US$69 million, and left the company to sail around the world for 4 years.[7]
Fogo Island Inn
In 2006, Cobb and her brother Anthony founded Shorefast, a Canadian social enterprise.[12][7], including an investment of $10 million from the Cobbs.[7] The Canadian government contributed $5 million, and the provincial government contributed another $5 million.[7] Shorefast built the Fogo Island Inn, which opened in 2013 and continues to be operated by Shorefast Social Enterprises Inc.[13][14]
Honours and awards
On June 30, 2016, Cobb was made a Member of the Order of Canada by Governor General David Johnston for "her contributions as a social entrepreneur who has helped revive the unique rural communities of Fogo Island and Change Islands through innovative social engagement and geotourism."[15]
She has been recognized with honorary doctorate degrees from Carleton University,[16] Memorial University of Newfoundland,[17] McGill University[18] and University of Ottawa.[19]
Cobb was inducted into the Junior Achievement Business Hall of Fame in May 2018.[20]
On November 12, 2019, Cobb interviewed 44th President of the United States Barack Obama for a public event at the Mile One Centre in St. John's, Newfoundland and Labrador, which was hosted by the St. John's Board of Trade.[21]
References
- ^ Paterson, Lisa (25 October 2015). "Fogo Island economic success 'absolutely transferable,' Zita Cobb says". CBC News. Retrieved 27 March 2016.
- ^ a b "Zita Cobb's 'social entrepreneurship' recognized with honorary degree". CBC News. 28 May 2015. Retrieved 27 March 2016.
- ^ "Shorefast Foundation". Shorefast Foundation. Retrieved 27 March 2016.
- ^ Mohamed, Farah (3 September 2012). "Millionaire returns home to Fogo Island to help". The Globe and Mail. Retrieved 27 March 2016.
- ^ McClanahan, Paige (November 8, 2024). "Zita Cobb Runs a $1,780-a-Night Inn on a Small Island. Is She the Most Radical Person in Travel?". The New York Times. Retrieved November 8, 2024.
{{cite news}}
: CS1 maint: url-status (link) - ^ "Biography - Zita Cobb". The Canadian Club of Montreal. Retrieved 2022-07-08.
- ^ a b c d e f g h i j McKeough, Tim (2010-12-15). "How Multimillionaire Zita Cobb Plans to Turn a Tiny Canadian Island Into an Arts Mecca". Fast Company. Retrieved 2022-07-08.
- ^ Kinsman, Juliet (2024-03-14). "Is this the world's most iconic sustainable luxury hotel? I Did it My Way: Zita Cobb". Evening Standard. Retrieved 2024-04-15.
- ^ Bartlett, Steve (2008). The Grit and the Courage: Stories of Success in an Unforgiving Land. St. John's, Newfoundland and Labrador, Canada: Creative Publishers. pp. 99–118. ISBN 978-1-897174-29-6.
- ^ "Zita Cobb Delivers Lessons from Fogo Island - Carleton Stories". Carleton Stories. Retrieved 2018-03-23.
- ^ "2015 Festival of Architecture > Speakers". www.raic.org. Retrieved 2018-03-23.
- ^ Lewis, Jim (16 March 2012). "The Possibility of an Island in Canada | New York Times". The New York Times. Retrieved 2019-12-09.
- ^ "Zita Cobb Delivers Lessons from Fogo Island - Carleton Stories". Carleton Stories. Retrieved 2018-02-08.
- ^ "Social Enterprise: Fogo Island Inn". Shorefast. Shorefast.org. Retrieved 9 December 2019.
- ^ Globe and Mail Staff (June 30, 2016). "Canada's Honour Roll". Globe and Mail.
- ^ "Carleton Presents Honorary Degrees to Zita Cobb and Annette Verschuren at 2013 Fall Convocation". Carleton University. November 3, 2013. Retrieved December 6, 2019.
- ^ "Zita Cobb's 'social entrepreneurship' recognized with honorary degree". CBC. May 28, 2015. Retrieved December 6, 2019.
- ^ "Honorary degree recipients announced". McGill Reporter. April 19, 2016. Retrieved December 6, 2019.
- ^ "Meet uOttawa's Fall 2019 Honorary Doctorates". uOttawa Gazette. November 7, 2019. Retrieved December 6, 2019.
- ^ "JANL Business Hall of Fame |". janlbusinesshalloffame.org. Retrieved 2018-03-23.
- ^ "Welcome to the Rock, Barack: Thousands fill Mile One for evening with Obama". CBC. November 13, 2019. Retrieved December 6, 2019.