Item - 2022.RY15.1

Tracking Status

This item was considered by the TO Live - Human Resources and Stakeholder Relations Committee on November 7, 2022. The Committee received the item for information only. No further action will be taken on this item.

RY15.1 - City of Toronto Review of Executive Compensation at City Agencies and Corporations

Decision Type:: ACTION

Status:: Received

Committee Decision

The TO Live - Human Resources and Stakeholder Relations Committee received the item for information.

Decision Advice and Other Information

Kevin Lee, Senior Corporate Management Policy Consultant, City Manager's Office, City of Toronto, and Wiclif Ma, Client Partner, Korn Ferry gave an overview of the item.

Origin

(September 29, 2022) Letter from the Board of Directors of TO Live

Summary

The Board of Directors of TO Live, at its meeting of September 29, 2022 considered Item CT35.11 and referred the item to a special meeting of the TO Live - Human Resources and Stakeholder Relations Committee, to be called by the Committee Chair before November 7, 2022 for review, discussion and to provide feedback to the City Manager's Office and the consultants.

Background Information

(September 29, 2022) Letter from the Board of Directors of TO Live on City of Toronto Review of Executive Compensation at City Agencies and Corporations
https://www.toronto.ca/legdocs/mmis/2022/ry/bgrd/backgroundfile-229782.pdf
(September 15, 2022) Letter from the Chair, Board of Directors, TO Live on City of Toronto Review of Executive Compensation at City Agencies and Corporations
https://www.toronto.ca/legdocs/mmis/2022/ry/bgrd/backgroundfile-229783.pdf
Attachment 1 - Letter from Wiclif Ma, Client Partner, Korn Ferry (CA) Ltd.
https://www.toronto.ca/legdocs/mmis/2022/ry/bgrd/backgroundfile-229784.pdf
Attachment 2 - City of Toronto Agency and Corporation Executive Compensation Board Discussion Guide
https://www.toronto.ca/legdocs/mmis/2022/ry/bgrd/backgroundfile-229785.pdf

Motions

Motion to Receive Item moved by Owais Lightwala (Carried)

That the item be received for information.