Ottawa, October 3, 2013
2013-128
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The Honourable Jim Flaherty, Minister of Finance, today announced the appointment of Kathleen Taylor to the board of directors of the Canada Pension Plan Investment Board (CPPIB).
“Ms. Taylor’s global operational expertise and significant financial services board experience will make her a solid contributor to the Board,” said Minister Flaherty. “I wish her all the best in her new role.”
Ms. Taylor was most recently the President and Chief Executive Officer of Four Seasons Hotels and Resorts, having served in successively more senior positions over her almost 24-year career with the company. Ms. Taylor is also a Director of the Royal Bank of Canada (RBC) and has been appointed as the Chair Designate by the RBC Board effective January 1, 2014. She also serves as a Director of the Hospital for Sick Children Foundation in Toronto.
Among her many accolades, Ms. Taylor has received the Schulich School of Business Award for Outstanding Executive Leadership and the inaugural Medal for Career Achievement from the Hennick Centre for Business and Law at York University.
Operating at arm’s length from government, the CPPIB is responsible for prudently investing Canada Pension Plan (CPP) investment funds in a diversified portfolio of assets to serve the best interests of CPP contributors and beneficiaries. Directors of the CPPIB are selected by the federal government, in consultation with participating provincial governments, from a list of qualified candidates submitted by a joint federal-provincial nominating committee.
