Item - 2023.CC12.3
Tracking Status
- City Council adopted this item on November 8, 2023 with amendments.
- See also By-law 1143-2023
CC12.3 - Appointment of Chief Financial Officer and Treasurer
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
City Council Decision
City Council on November 8 and 9, 2023, adopted the following:
1. City Council appoint Stephen Conforti to the position of Chief Financial Officer and Treasurer for the City of Toronto, with such appointment to be effective November 13, 2023, subject to written acceptance by the candidate, of the terms and conditions of a contract of employment offered by the City.
2. City Council authorize the City Manager to negotiate terms and conditions of employment with Stephen Conforti.
3. City Council authorize the public release of the name and curriculum vitae summary of Stephen Conforti in Confidential Attachment 1 to the supplementary report (November 6, 2023) from the City Manager upon City Council's approval of the appointment.
The following curriculum vitae summary for Stephen Conforti is now public:
Curriculum Vitae Summary
EMPLOYMENT HISTORY
July 2019 - Present City of Toronto
Interim Chief Financial Officer and Treasurer (July 2023 - Present
Executive Director, Financial Planning (July 2019 - July 2023)
July 2017 - July 2019 Toronto Transit Commission
Head of Finance and Treasurer
October 2006 - July 2017 City of Toronto
Director, Financial Planning and Budgeting (July 2016 - July 2017)
Manager, Financial Planning (September 2011 - July 2016)
Senior Financial Planning Analyst (September 2007 - September 2011)
Financial Planning Analyst (October 2006 - September 2007)
May 2001 - October 2006 StrataFLEX Corporation
Account Manager
EDUCATION AND PROFESSIONAL DEVELOPMENT
Bachelor of Commerce, Business Information Systems and minor in Business Law, Toronto Metropolitan University (formerly Ryerson), April 2001
City of Toronto's Executive Development Program, Niagara Institute, November 2015
Confidential Attachment - Personal matters about an identifiable individual, including municipal or local board employees
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-240497.pdf
(November 6, 2023) Supplementary Report from the City Manager on Appointment of Chief Financial Officer and Treasurer (CC12.3a)
https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-240525.pdf
Confidential Attachment 1 - Candidate's Curriculum Vitae Summary - made public on November 8, 2023
https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-240526.pdf
Motions (City Council)
That City Council adopt the following recommendations in the supplementary report (November 6, 2023) from the City Manager [CC12.3a]:
1. City Council appoint the candidate identified in Confidential Attachment 1 to the supplementary report (November 6, 2023) from the City Manager to the position of Chief Financial Officer and Treasurer for the City of Toronto, with such appointment to be effective November 13, 2023, subject to written acceptance by the candidate of the terms and conditions of a contract of employment offered by the City.
2. City Council authorize the City Manager to negotiate terms and conditions of employment with the candidate.
3. City Council authorize the public release of the name and curriculum vitae summary of the Chief Financial Officer and Treasurer contained in Confidential Attachment 1 to the supplementary report (November 6, 2023) from the City Manager upon City Council's approval of the appointment.