Richard W. Ivey is chairman of Ivest Properties Ltd., a real estate development and management company, and chair of MaRS EXCITE (Excellence in Clinical Innovation and Technology Evaluation). He is the immediate past chairman of the Canadian Institute for Advanced Research. Mr. Ivey currently serves on the Boards of Canada Colors and Chemicals Ltd., MaRS Discovery District, the Toronto Community Foundation, the Ivey Foundation and Pearson College of the Pacific Foundation.  He also serves on the Advisory Boards of Social Capital Partners and the Richard Ivey School of Business. He was appointed a Member of the Order of Canada in February 2006.

Mr. Ivey practised law at Torys until 1982.  He has served in a variety of executive roles with companies in the packaging, logistics and real estate industries for the past 30 years.