Item - 2023.NC2.1
Tracking Status
- This item was considered by Corporations Nominating Panel on March 20, 2023 and was adopted with amendments.
- See also 2023.CC5.8
NC2.1 - Appointment of Public Member to the Toronto Hydro Board
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
Confidential Attachment - Personal matters about identifiable individuals who are being considered for appointment to the Toronto Hydro Board.
Panel Decision
The Nominating Panel - Corporations recommends that:
1. City Council appoint the following candidate to the Toronto Hydro Board, at the pleasure of Council, for a term of office ending March 31, 2025, and until a successor is appointed:
Earl Davis
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.
Decision Advice and Other Information
Candidate'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.
Origin
Summary
The Nominating Panel - Corporations will conduct interviews and recommend one candidate to City Council for appointment to the Toronto Hydro Board.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/nc/bgrd/backgroundfile-234798.pdf
Confidential Attachment 1 - List of Candidates, Qualifications, Confidential Diversity Information Summary, and Applications for Appointment to the Toronto Hydro Board (previously circulated with Item NC1.2)
Confidential Attachment 2 - Diversity Summary of Current Members of the Toronto Hydro Board (previously circulated with Item NC1.2)
Confidential Attachment 3 - Interview questions for March 20, 2023 (to be circulated under separate cover)
Confidential Attachment 4 - Interview schedule for March 20, 2023 (to be circulated under separate cover)
Motions
That the Nominating Panel - Corporations recommends that:
1. City Council appoint the following candidate to the Toronto Hydro Board, at the pleasure of Council, for a term of office ending on March 31, 2025, and until a successor is appointed:
Earl Davis