News · July 11, 2026

Gerry Pond, the 'Codefather' of New Brunswick Tech, Dies at 82

The former NBTel CEO who co-founded Mariner and East Valley Ventures — and backed Radian6 and Q1 Labs — has died. Tributes are pouring in across the Atlantic ecosystem.

By NB Tech News Staff · 2 min read

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Gerry Pond, the former NBTel chief executive who became Atlantic Canada's best-known tech champion, died on Wednesday, July 8. He was 82.

Atlantic Fintech, the Moncton-based fintech hub, put it plainly on LinkedIn: Pond was "a true champion of entrepreneurship in New Brunswick" whose leadership, generosity, and belief in innovation "helped shape our ecosystem and opened doors for many entrepreneurs." Propel — the accelerator Pond co-founded — replied that his impact "will be felt for generations."

From NBTel to the Codefather

Entrevestor, which first reported the death, sketched the career that followed: Pond spent more than 45 years in Canada's information and communications technology sector. As CEO of NBTel and later president of its successor, Aliant Telecom, he steered the provincial telco through deregulation and a stretch of network experimentation that made New Brunswick briefly famous for shipping advanced services out of a small market — the same telecom DNA we traced in Saint John's long game.

After leaving the telco, he co-founded Saint John–based Mariner in 2003 and its investment arm, East Valley Ventures. He was an early backer of Fredericton's Radian6 and Q1 Labs — two of Atlantic Canada's defining exits — and, as Entrevestor recounted, helped launch companies including iMagicTV, Brovada Technologies, Shift Energy, and Cirrus9. He also co-founded Propel ICT and the Pond-Deshpande Centre at the University of New Brunswick.

Business journalist Gordon Pitts, in Unicorn in the Woods, called him "the most influential networker, mentor, and technology power player in the province" — and coined the nickname that stuck: the Codefather.

Honours and the quiet work

The public record of awards is long: Canadian Angel of the Year (2011), Order of New Brunswick (2013), Order of Canada (appointed 2016, invested 2017), NACO Lifetime Achievement (2020), and inaugural inductee into the InnovateNB Hall of Fame (2022). What peers keep repeating is the quieter part. Pond met founders in Saint John offices and at regional events, wrote early cheques, and — as Entrevestor noted he often said of East Valley — backed people with mentorship at least as much as money.

Premier Susan Holt, in a Facebook tribute quoted by BetaKit, called him "a mentor and personal friend" whose impact on New Brunswick and Canada was profound. Mariner's own remembrance said he "saw a future for Atlantic Canada that few could imagine and then dedicated himself to making it a reality."

What he leaves

Entrevestor also published a family note released through Versos AI founder Chris Keevill: Pond's impact "on many people, the businesses he helped build, and the community at large will be felt for generations to come." Per that report, he is survived by his wife, Anne, daughter Suzanne, and son Gregory.

For New Brunswick tech, the institutions he helped build — Mariner, East Valley, Propel, the Pond-Deshpande Centre — are still running. The harder thing to replace is the person who answered the phone when a founder needed a blunt read and an open door.

Sources

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Tags: gerry-pond, saint-john, mariner, east-valley-ventures, nbtel, ecosystem