Item - 2025.CA24.3
Tracking Status
- City Council adopted this item on April 23 and 24, 2025 without amendments and without debate.
- This item was considered by the Civic Appointments Committee on April 11, 2025 and adopted without amendment. It will be considered by City Council on April 23 and 24, 2025.
CA24.3 - Continuation of Appointed Public Member as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on April 23 and 24, 2025, adopted the following:
1. City Council extend the appointment of William Chinery as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund, at pleasure of Council, to November 14, 2026, or until a successor is appointed.
2. City Council direct that Confidential Attachment 1 to the report (March 27, 2025) from the Executive Director, Finance Shared Services remain confidential in its entirety as it relates to personal matters about an identifiable individual being considered for continued appointment as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund.
Confidential Attachment 1 to the report (March 27, 2025) from the Executive Director, Finance Shared Services remains confidential in its entirety in accordance with the provisions of the City of Toronto Act, 2006, as it relates to personal matters about an identifiable individual being considered for continued appointment as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund.
City Council Decision Advice and Other Information
Appointee's biography:
William Chinery
Until early 2013, Bill Chinery was Chief Executive Officer of BlackRock Asset Management Canada. During his 13 years with BlackRock and predecessor Barclays Global Investors, Bill was a Managing Director in both the Toronto and San Francisco offices. Bill is currently on the Board of the Ontario Teachers’ Pension Plan, the GreenSky Capital Inc. Investment Committee, and Chair of the Independent Review Committee of SLCManagement. Bill is a Fellow of the Society of Actuaries and Canadian Institute of Actuaries.
Confidential Attachment - Personal matters about an identifiable individual who is being considered for appointment as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2025/ca/bgrd/backgroundfile-254190.pdf
Attachment 1 - Extracts of By-Law No. 10649 for the Toronto Fire Department Superannuation and Benefit Fund
https://www.toronto.ca/legdocs/mmis/2025/ca/bgrd/backgroundfile-254191.pdf
Confidential Attachment 1 - Current Chair’s qualifications and confidential diversity information summary shared in original application for appointment to the Toronto Fire Department Superannuation and Benefit Fund
CA24.3 - Continuation of Appointed Public Member as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - Personal matters about an identifiable individual who is being considered for appointment as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund.
Committee Recommendations
The Civic Appointments Committee recommends that:
1. City Council extend the appointment of William Chinery as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund, at pleasure of Council, to November 14, 2026, or until a successor is appointed.
2. City Council direct that Confidential Attachment 1 to the report (March 27, 2025) from the Executive Director, Finance Shared Services remain confidential in its entirety as it relates to personal matters about an identifiable individual being considered for continued appointment as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund.
Decision Advice and Other Information
Candidate's biography:
William Chinery
Until early 2013, Bill Chinery was Chief Executive Officer of BlackRock Asset Management Canada. During his 13 years with BlackRock and predecessor Barclays Global Investors, Bill was a Managing Director in both the Toronto and San Francisco offices. Bill is currently on the Board of the Ontario Teachers’ Pension Plan, the GreenSky Capital Inc. Investment Committee, and Chair of the Independent Review Committee of SLCManagement. Bill is a Fellow of the Society of Actuaries and Canadian Institute of Actuaries.
Origin
Summary
This report recommends that City Council extend the appointment of William Chinery as Chair of the Benefit Fund Committee of the Toronto Fire Department Superannuation and Benefit Fund to the end of the current Council term of November 14, 2026 in order to align the appointment term with the Council term, in accordance with the provisions of By-law 10649 governing the Toronto Fire Department Superannuation and Benefit Fund (“the Fund By-law”).
Background Information
https://www.toronto.ca/legdocs/mmis/2025/ca/bgrd/backgroundfile-254190.pdf
Attachment 1 - Extracts of By-Law No. 10649 for the Toronto Fire Department Superannuation and Benefit Fund
https://www.toronto.ca/legdocs/mmis/2025/ca/bgrd/backgroundfile-254191.pdf
Confidential Attachment 1 - Current Chair’s qualifications and confidential diversity information summary shared in original application for appointment to the Toronto Fire Department Superannuation and Benefit Fund