GiBLI brings on New Brunswick native, Bill Barrett as Executive Chair
William Barrett is a shareholder and Co-CEO of Barrett Corporation, a privately held international management company, based in Woodstock, New Brunswick, Canada. Founded in 1976 and held members of the Barrett Family, Barrett Corporation holds equity position in several North American companies, primarily in Service, Telecommunications and Distribution industry silos.
Among the highlights of his business career, Mr. Barrett has helped build Star Choice (now Show Direct) and co-founded Xplornet Communications Inc. Canada’s largest provider of high-speed internet to rural Canadians. Founded in 2004 Xplornet was purchased in the summer of 2020 for $2.7B.
In 2008, the Barrett Corporation purchased a major equity interest in Lambert, the largest bicycle parts distribution company in Canada and one of the largest in North America.
Mr. Barrett has been active in several charitable organizations and has served on a number of industry boards. He has served as a member of the Board of Governors at Acadia University. In 2010, he and his brother Ed, were nominated to the New Brunswick Business Hall of Fame.
Since 2016 Mr. Barrett has been an active investor in Atlantic Canadian start-ups. Mr. Barrett was introduced to co-founders Ben Bschaden and Mark Ernsting through CDL Atlantic.
Mr. Barrett and wife, Jocelyn Barrett, live on a farm in Carleton County, New Brunswick. There they raise and breed full blood Wagyu cattle.
Mr. Barrett brings a wealth of business acumen to GiBLI that will provide strong leadership through the companies’ initial growth phase and beyond.
GiBLI is a global leader in real-time aerodynamics. Our sensor helps cyclists and triathletes unlock their ultimate performance potential by being able to reduce their drag coefficient through the use of our novel technology.