Item - 2021.CA26.1

Appointees' biographies:

John Crocker, as Chair

John Crocker retired in 2011 as President and CEO of the Healthcare of Ontario Pension Plan. HOOPP is Canada’s largest private trust with more than 400,000 members and $104 Billion in assets. With a forty year career in the pension and investment industries his senior executive experience has lead to a wealth of practical experience in strategy development, project management and board governance. He is a graduate of McGill University, the Institute of Corporate Directors Program and is a CFA.

Kevin Adolphe

Kevin has over 35 years of global experience in asset management and financial services. He is a Partner at CEO Coaching International. Previously, he was President and CEO, Manulife Asset Management Private Markets. Prior to Manulife, Kevin was Chief Administrative Officer and Chief Financial Officer of CIBC World Markets. He is a Fellow of the Chartered Professional Accountants (Ontario), a member of the Institute of Corporate Directors and serves on a variety of public and private Boards.

Sue Lemon

Sue Lemon, CFA, CEO and Board Member, CFA Society Toronto. Sue Lemon is CFA Society Toronto’s Chief Executive Officer and leads the Society’s strategic direction which includes promoting high ethical standards in the financial industry and increasing the visibility of the charter with key partners in the financial community. CFA Society Toronto is the world’s largest group of charter holders among 160 Societies globally. Sue is an experienced investment executive with over 35 years experience.

The Civic Appointments Committee recommends that:

1.  City Council appoint the following candidates to the Toronto Investment Board, at pleasure of Council, for a term of office ending December 16, 2025, and until successors are appointed:

John Crocker, as Chair

Kevin Adolphe

Sue Lemon

2. City Council direct that Confidential Attachments 1 to 5 to the report (November 24, 2021) from the City Clerk remain confidential in their entirety as they relate to personal matters about identifiable individuals being considered for appointment to the Toronto Investment Board.

Candidates' biographies:

John Crocker, as Chair

John Crocker retired in 2011 as President and CEO of the Healthcare of Ontario Pension Plan. HOOPP is Canada’s largest private trust with more than 400,000 members and $104 Billion in assets. With a forty year career in the pension and investment industries his senior executive experience has lead to a wealth of practical experience in strategy development, project management and board governance. He is a graduate of McGill University, the Institute of Corporate Directors Program and is a CFA.

Kevin Adolphe

Kevin has over 35 years of global experience in asset management and financial services. He is a Partner at CEO Coaching International. Previously, he was President and CEO, Manulife Asset Management Private Markets. Prior to Manulife, Kevin was Chief Administrative Officer and Chief Financial Officer of CIBC World Markets. He is a Fellow of the Chartered Professional Accountants (Ontario), a member of the Institute of Corporate Directors and serves on a variety of public and private Boards.

Sue Lemon

Sue Lemon, CFA, CEO and Board Member, CFA Society Toronto. Sue Lemon is CFA Society Toronto’s Chief Executive Officer and leads the Society’s strategic direction which includes promoting high ethical standards in the financial industry and increasing the visibility of the charter with key partners in the financial community. CFA Society Toronto is the world’s largest group of charter holders among 160 Societies globally. Sue is an experienced investment executive with over 35 years experience.

The Civic Appointments Committee will conduct interviews and recommend three candidates to City Council for appointment to the Toronto Investment Board.