2012 Selection Committee
Peter Dey, LL.M, LL.B, B.Sc.
Selection Committee Chair
Peter Dey is currently the Chairman of Paradigm Capital Inc. Mr. Dey was most recently a Partner of Osler, Hoskin & Harcourt LLP specializing in corporate board issues and mergers and acquisitions. Prior to this role, he was Chairman of Morgan Stanley Canada Limited and involved in developing the Canadian investment banking business and the overall strategic direction of Morgan Stanley in Canada.
From 1993 to 1995, Mr. Dey chaired The Toronto Stock Exchange Committee on Corporate Governance in Canada that released in December 1994 the report entitled Where Were the Directors? also known as the Dey Report. The report established standards of corporate governance for Canadian corporations.
Mr. Dey recently served as Chairman of the Ontario Securities Commission, Canada's representative to the OECD Task Force that developed the OECD Principles of Corporate Governance released in May of 1999.
He is also a member of the Private Sector Advisory Group of the Global Corporate Governance Forum established by the World Bank and the Organization for Economic Cooperation and Development. Mr. Dey was recently elected as a director of The International Corporate Governance Network, an organization of institutional investors managing in excess of U.S. $10 trillion.
Mr. Dey attended Queen's University where he earned his Bachelor of Science in 1963 and Dalhousie University where he earned his Bachelor of Laws degree in 1966. He also received his Master of Laws degree from Harvard University in 1967.
Mr. Dey is a director of Soulpepper Theatre Company and Alpine Ontario.
John Clappison, FCA
Greater Toronto Area Managing Partner of PwC from 1990 – 2005
Mr. Clappison was the Greater Toronto Area Managing Partner of PricewaterhouseCoopers from 1990 to 2005, having been a partner in the firm since 1980. He joined Price Waterhouse in 1968. He has lectured on accounting practices at Ryerson University, the University of Toronto and the Ontario Institute of Chartered Accountants School of Accountancy. Mr. Clappison is a Chartered Accountant and is a Fellow of the Institute of Chartered Accountants of Ontario.
Mr. Clappison serves on the board of directors of Cameco Corp., Canadian REIT, Rogers Communications Inc., Sun Life Assurance Company of Canada and Sun Life Financial Inc.
John is very active within the community and served on the board of directors of Shaw Festival Theatre Foundation from 1977-1989, The Corporation of Massey Hall and Roy Thomson Hall from 1991-1997 and The Art Gallery of Ontario Foundation from 1997-2004. Currently John is on the board of directors for St Michael's Hospital Foundation and The Shaw Festival Theatre Endowment Foundation.
Mr. Clappison holds a BA from the University of Toronto.
Sheila Fraser, FCA
Former Auditor General of Canada
Sheila Fraser served as Auditor General of Canada from 2001 to 2011, the first female to hold this position.
Born in Dundee, Quebec, Ms. Fraser earned a Bachelor of Commerce degree from McGill University in 1972 and became a Chartered Accountant in 1974.
As Auditor General, Ms. Fraser focussed the Office’s efforts on serving the needs of parliamentarians and ensuring they had objective and reliable information with which to scrutinize government activities and hold the government to account for its stewardship of public funds. She promoted the use of plain language in the Office’s performance audit reports tabled in the House of Commons. At her initiative, Canada was the first legislative audit office to request a review of its performance audit practice in an effort to provide assurance about the quality of its work. In 2004, an international team made up of representatives of the legislative audit offices of the United Kingdom, Norway, France and the Netherlands completed a highly favourable report.
Before joining the Office, Ms. Fraser enjoyed a fruitful and challenging career with the firm of Ernst & Young, where she became a partner in 1981. In the Quebec City office, she was responsible for a wide range of private and public sector clients. She participated in several assignments with the Auditor General of Quebec, as well as with several departments of the Government of Quebec. She joined the Office of the Auditor General of Canada as Deputy Auditor General in January 1999.
Ms. Fraser has always been active in her profession, at both the provincial and national levels. For her noteworthy service to the auditing and accounting professions, she was awarded the designation "Fellow" by the Ordre des comptables agréés du Québec in 1994 and by the Institute of Chartered Accountants of Ontario in 2000. She was a 2009 recipient of the ICAO Award of Outstanding Merit, the highest honour that the Institute of Chartered Accountants of Ontario can bestow upon its members Ms. Fraser has also been awarded honorary degrees from 13 Canadian universities, which recognize her contribution to the fields of accounting, legislative auditing and public administration.
Ms. Fraser served as Chair of the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants in 2004-05. From 2001 to 2011, she chaired various committees of the International Organization of Supreme Audit Institutions (INTOSAI). Ms. Fraser currently serves as a public member of the International Federation of Accountants-International Public Sector Accounting Standards Board (IFAC-IPSASB).
Fred Gorbet, C.M., Ph. D.
Former Deputy Minister of Finance for Canada, and corporate director
Fred Gorbet is currently the CIT Chair in Financial Services and Co-Director of the Financial Services Program at the Schulich School of Business, York University. He has extensive experience in public policy advice and formulation, particularly with regard to financial institutions and energy policy. During a 25-year career in the Canadian public service, he served as Senior Policy Advisor to the Department of Energy, Director of Policy for the International Energy Agency in Paris, Associate Secretary to the Cabinet for Strategic Policy and Deputy Minister of Finance.
Since leaving the public service, Fred has held senior executive positions in the life insurance industry. He has served as Executive Director of the MacKay Task Force, as Executive Director of the Saucier Task Force on Corporate Governance, as senior policy advisor to Credit Union Central of Canada on the National Initiative, and as the founding chair of the Market Surveillance Panel for administered electricity markets in Ontario.
In addition to his work at Schulich, Fred is currently a director of Assuris, the Credit Union Central of Ontario, LAWPRO, the North American Electric Reliability Council, the Institute for Research on Public Policy, Covenant House Toronto and Alterna Savings, where he is Vice Chair of the Board.
He has recently completed an assignment as a member of the Panel of Experts reviewing the federal Equalization Program, and continues to chair the Canadian Advisory Board for the CEPRA project, which provides economic and policy advice to Russia in the areas of fiscal federalism and public finance. He serves on two advisory committees to the Auditor-General of Canada and is a Senior Fellow of the C.D. Howe Institute.
Fred has a BA from York University and a PhD in Economics from Duke University. He is a member of the Advisory Council to the Dean of the Schulich School of Business and an Honorary Governor of York University.
He was appointed to the Order of Canada in 2000.
Maureen Kempston Darkes, O.C., O.Ont., D.Comm., LL.D.
General Motors Corporation Group Vice President
President, GM Latin America, Africa and Middle East (Retired)
Current Directorships:
Canadian National Railway, Brookfield Asset Management, Irving Oil, and Enbridge Inc.
Maureen Kempston Darkes was appointed General Motors Corporation Group Vice President and President, GM Latin America, Africa and Middle East (LAAM) and a member of the General Motors Automotive Strategy Board, effective January 1, 2002, a position which she held until her retirement from General Motors in December, 2009. Prior to this appointment, she was President and General Manager of General Motors of Canada Limited (GMCL) and Vice President of General Motors Corporation from 1994 to 2001.
After joining the General Motors of Canada Limited Legal Staff in 1975, she became assistant counsel in 1979. She served on the General Motors Corporation Legal Staff in Detroit in 1979-1980 and headed the GM of Canada Tax Staff from 1980 to1984. From 1985 to 1987, she worked in the GM Treasurer's Office in New York and subsequently held the position of acting treasurer for GM of Canada until her appointment as General Director of Public Affairs for GMCL in April 1987. She was appointed GMCL Vice President of corporate affairs in 1991 and elected to the GMCL Board of Directors. In addition to her corporate affairs responsibilities, she was appointed General Counsel and Secretary of GMCL in July 1992.
Kempston Darkes currently serves on the boards of Canadian National Railway, Brookfield Asset Management, Irving Oil, and Enbridge Inc. She has also served on the Boards of Brascan, Noranda, Falconbridge, and Thomson Corporation. During her tenure as President of GM of Canada, she was a board member of the Vehicle Manufacturers' Association; the Ontario Government Education, Quality and Accountability Board; and the Ontario Minister of Health's Women's Health Council. Kempston Darkes was appointed by the federal government to the Free Trade Agreement Automotive Select Panel in 1989 and, in 1994, to the Transportation Equipment Sectoral Advisory Group on International Trade.
She also serves on the University of Toronto President's International Alumni Council, and is a Director of Bridgepoint Health Foundation. She has served as the former chair for major gifts for Women's College Hospital Fund Raising Campaigns; co-chaired the BC Cancer Foundation's Millennium Campaign, focused on genome science and research into finding cures for and treatment of cancer.
Kempston Darkes was born and raised in the Toronto area. She holds a Bachelor of Arts degree in history and political science from Victoria College, University of Toronto. She also holds a Bachelor of Laws degree from the University of Toronto Law School and is called to the Bar of Ontario.
She has received honorary doctor of law degrees from the University of Toronto, University of Victoria, McMaster University, Dalhousie University, Wilfrid Laurier University, and the Law Society of Upper Canada, an honorary doctorate of business administration from Laurentian University and an honorary doctor of commerce degree from Saint Mary's University.
In 1997, Kempston Darkes received The Order of Ontario and was appointed as an Officer of the Order of Canada in 2000. The American Bar Association in 1998 recognized her with the Margaret Brent Women Lawyers of Achievement Award. In 1999, she received the Distinguished Service Citation from the Automotive Hall of Fame. In 2006, she received the Government of Canada’s Governor General’s Award in Commemoration of the Persons Case.
Brian MacNeill
Former Chairman of the Board of Directors
Petro Canada
Brian MacNeill is the Chairman of the Board of Directors of Petro Canada. Mr. MacNeill is a Certified Public Accountant and holds a Bachelor of Commerce. He is a member of the Canadian Institute of Chartered Accountants and the Financial Executives Institute. He is also a Fellow of the Alberta and Ontario Institutes of Chartered Accountants and of the Institute of Corporate Directors and serves as the Chair of the Board of Governors of the University of Calgary.
Gord D. Maron, FCMA
Executive Vice President
PCL Constructors Inc.
Drawing on his forty years of PCL experience, including ten as chief financial officer, Gord provides transition support to the CEO and CFO in the areas of strategic planning, enterprise risk management, and succession. He joined the PCL family of companies as a summer term student and worked his way up from field accountant through various positions in finance and administration, until in 2001 he was appointed chief financial officer, a position he held until January 31, 2011.
Gord is a PCL Construction Holdings Ltd. board member and sits on the Executive Committee, the Corporate Services Executive Committee (CSEC), the Ethical Conduct Compliance Committee (ECCC), the Donations Committee, and the Investment Committee. At a community level, he serves on the Board of Directors for the United Way Capital Region.
Gord is a certified management accountant and has a bachelor of science degree from the University of Alberta. He was awarded the FCMA (Fellow of CMA Canada) designation in 2003.
Claude Mongeau
President and Chief Executive Officer
Canadian National Railway Company
Claude joined CN in May 1994 and has held the positions of vice-president, Strategic and Financial Planning, and assistant vice-president Corporate Development. He was appointed Executive Vice-President and Chief Financial Officer in October 2000.
Prior to joining CN, Mr. Mongeau was a partner with Groupe Secor, a Montreal-based management consulting firm providing strategic advice to large Canadian corporations such as Bombardier and Bell Canada. He also worked in the business development unit of Imasco Inc., a diversified holding company with subsidiaries operating in the manufacturing, retail, and financial services sectors. His career started in Europe with Bain & Company, a leading American consulting firm.
In 1997, Claude Mongeau was named one of Canada's top 40 executives under 40 years of age by the Financial Post Magazine. In 2005, he was selected Canada's CFO of the Year by an independent committee of prominent Canadian business leaders.
The Hon. Brian V. Tobin P.C.; ICD.D
Senior Business Advisor, Fraser Milner Casgrain LLP
Brian served as the Federal Minister of Industry from October 2000 to January 2002. During his tenure as Minister of Industry, Brian worked with all sectors of the Canadian economy to improve Canada's innovation performance.
Previously he served as the Premier of Newfoundland and Labrador from 1996 - 2000. He won two consecutive majority governments in provincial elections held in February 1996 and February 1999. As Premier, Brian set an aggressive development agenda. Newfoundland and Labrador's economic turnaround was dramatic during his tenure. From 1998 -2001 the province's Gross Domestic Product was one of the fastest growing in Canada.
Brian served as a Member of Parliament from 1980 - 1996 and served as Minister of Fisheries and Oceans in the federal cabinet from 1993 - 1996.
Brian is a Senior Business Advisor with Fraser Milner Casgrain LLP in Toronto and a member of the firm's Public Policy Group.
Bruce Waterman
Executive Vice President, Chief Strategy Development & Investment Officer
Agrium Inc.
Mr. Waterman joined Agrium in 2000, and has more than 25 years of experience as a financial executive. He is a member of Agrium’s executive team responsible for corporate strategy and M&A activity and oversees Agrium’s financial and information management activities with direct responsibility for financial reporting, treasury, tax, information technology, investor relations, and government and corporate affairs. In his time with Agrium, Mr. Waterman has built and maintained a strong financial team and is a champion of continually seeking and implementing improvement initiatives.