When P.W. died in 1996, the estate was divided and Derek, as the designated successor, ended up with 51-per-cent control. Then, over the next 10 years, he bought out his brother’s and sister’s minority stakes.
Derek has said in the past that he and Dick were not close, but they were brothers. After Dick left Moosehead, they made their separate ways as businessmen. They met one day last spring at the Union Club, Saint John’s private club, where they were part of a group gathered around a table for lunch. That was the last time Derek would see his brother alive.
At the moment, Andrew Oland would seem to be positioned to inherit control of Moosehead some day, although the story of the sixth generation has yet to play itself out. Still, whenever he looks down the hall of the old brewery and sees Andrew and Patrick, the potential future of Moosehead, working together, Derek Oland feels about as lucky as any patriarch could possibly feel.
Born in Saint John, Sept. 29, 1939.
Lives just outside Saint John.
He and wife Jackie have four sons.
Bachelor of business administration, University of New Brunswick, 1962.
Graduate of Harvard Business School’s owner/president management program.
Five decades at Moosehead Breweries Ltd., as salesman, marketing manager, general manager, president, and now, executive chairman and owner.
A car guy, he displays over his desk a picture of the McLaren FI, designed by the legendary Gordon Murray.
He and a friend once owned and raced a Porsche 944.
Over the past 15 years, his personal cars have been BMW 5 Series models.
Quote: “I enjoy driving but I enjoy driving well, not fast.”
Member of the advisory committee of Economic and Social Inclusion Corp., dedicated to reducing poverty and building self-sufficiency in New Brunswick.