Mr. Stevenson is co-founder of Perseverance Marine, a privately held investment group which has successfully pursued a strategy of value investing in cyclical shipping markets. Perseverance has owned or invested in a broad range of ship types including refrigerated cargo vessels, small product tankers and chemical tankers, offshore supply, multi-purpose ships and bulk carriers.
From the mid-1980s, Mr. Stevenson worked as an investment banker in London, England, specializing in cross-border mergers and acquisitions and equity issues. Latterly, he served as Vice President, Corporate Finance, with the investment banking arm of Barclays Bank.
Mr. Stevenson graduated from Middlebury College in Vermont with an Honours B.A. in History. He earned an MBA from the Richard Ivey School of Business, University of Western Ontario in 1986.
Mr. Stevenson’s community activities are primarily focused on conservation and the environment. He is the former Chair, and a member of the Executive Committee, of Environmental Defence Canada.
Mr. Stevenson was elected to the Board of Algoma in 2013.