Item - 2023.CC5.8

Tracking Status

City Council adopted this item on March 29, 30 and 31, 2023 without amendments.
See also 2023.NC2.1

CC5.8 - Appointment of Public Member to the Toronto Hydro Board

Decision Type:: ACTION

Status:: Adopted

Wards:: All

City Council Decision

City Council on March 29, 30 and 31, 2023, adopted the following:

1. City Council appoint Earl Davis to the Toronto Hydro Board, at pleasure of Council, for a term of office ending March 31, 2025, and until a successor is appointed.

2. City Council direct that the balance of Confidential Attachment 1 and Confidential Attachments 2 to 4 to the report (March 6, 2023) 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 Hydro Board.

The balance of Confidential Attachment 1 and Confidential Attachments 2 to 4 to the report (March 6, 2023) from the City Clerk remain confidential in their entirety in accordance with the provisions of the City of Toronto Act, 2006, as they relate to personal matters about identifiable individuals being considered for appointment to the Toronto Hydro Board.

City Council Decision Advice and Other Information

Appointee's biography:

Earl Davis

Earl Davis is a Financial Markets leader with over 28 years of global investing experience. He
presently heads Fixed Income at BMO Global Asset Management and formerly led Developed
Markets Fixed Income and Currencies at Ontario Teachers' Pension Plan. He holds a Chartered
Director designation, and is a Chartered Financial Accountant. He has an Masters of Business
Administration from the Ivey School of Business, and he is also a voting member of the
Accounting Standards Oversight Counsel which oversees and provides strategic input to the
Accounting Standards Board and the Public Sector Accounting Board.

Background Information (City Council)

(March 20, 2023) Letter from the Nominating Panel -�Corporations on Appointment of Public Member to the Toronto Hydro Board (CC5.8)
https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-235296.pdf
(March 6, 2023) Report from the City Clerk on Appointment of Public Member to the Toronto Hydro Board
https://www.toronto.ca/legdocs/mmis/2023/cc/bgrd/backgroundfile-235297.pdf
Confidential Attachment 1 - Confidential Information
Confidential Attachment 2 - Diversity Summary of Current Members of the Toronto Hydro Board
Confidential Attachment 3 - Interview questions for March 20, 2023
Confidential Attachment 4 - Interview schedule for March 20, 2023

Motions (City Council)

Motion to Adopt Item (Carried)

Point of Order by Councillor Gord Perks

Councillor Perks, rising on a Point of Order, stated that he wished to know if was permissible for him to make remarks about the list of questions that were asked of potential candidates, even though they were distributed in private.

Ruling by Speaker Frances Nunziata

Speaker Nunziata accepted the Point of Order and asked the City Clerk to respond.

John D. Elvidge, City Clerk, advised that provided that Councillor Perks does not connect the questions to the answers that were given by the candidates or the qualifications of the candidates, speaking on the questions is permissible.