Item - 2026.RY12.3
Tracking Status
- This item was considered by TO Live - Human Resources and Stakeholder Relations Committee on June 11, 2026 and was adopted without amendment.
RY12.3 - Executive Compensation Review - Update
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Confidential Attachment - Labour relations or employee negotiations.
Committee Decision
The TO Live - Human Resources and Stakeholder Relations Committee recommends that the Board of Directors of TO Live:
1. Approve the confidential instructions in Confidential Attachment 1 to the letter (May 28, 2026) from the Chair, TO Live - Human Resources and Stakeholder Relations Committee.
2. Direct that Confidential Attachment 1 to the letter (May 28, 2026) from the Chair, TO Live - Human Resources and Stakeholder Relations Committee remain confidential in its entirety as it pertains to labour relations and employee negotiations.
Decision Advice and Other Information
The TO Live - Human Resources and Stakeholder Relations Committee recessed its public session to meet in closed session to consider the item as it pertains to labour relations or employee negotiations.
Origin
Summary
At its March 24, 2026 meeting, the Board received a report regarding the Mercer executive compensation review, including findings and recommendations related to executive compensation competitiveness and market alignment.
https://secure.toronto.ca/council/agenda-item.do?item=2026.CT19.11
This item seeks Board approval for a compensation adjustment for the President and Chief Executive Officer, TO Live, arising from an executive compensation review conducted to assess market competitiveness and alignment.
Background Information
https://www.toronto.ca/legdocs/mmis/2026/ry/bgrd/backgroundfile-287488.pdf
Confidential Attachment 1 - Compensation Adjustment Recommendation