Simon McTavish has brought several members of…
1802 CE
Simon McTavish has brought several members of his family into the company, but nepotism takes a back seat to ability.
His brother-in-law, Charles Chaboillez, oversees the Lower Red River trading post.
McTavish has also hired several cousins and his nephews William McGillivray and Duncan McGillivray to learn the business.
William McGillivray had been groomed by his uncle to succeed him as Director of the North West Company, and by 1796 he had effectively done so, acting as Montreal agents' representative at the annual meetings at Grand Portage, and later at Fort William.
McTavish is an aggressive businessman who understands that powerful forces in the business world are always ready to pounce on any weakness.
As such, his ambition and forceful positions cause disagreements between him and some of the shareholders, several of whom eventually leave the North West Company during the 1790s.
Some of these dissidents form their own company, known unofficially as the "XY Company", allegedly because of the mark they use on their bales of furs.
Their cause is greatly strengthened in 1799, when the North West Company's hero explorer, Alexander Mackenzie, quits his old partnership and soon after joins them.
Mackensie is a leading partner by 1802, the year he is knighted for his accomplishments.