Applications are now closed for the 2015 Diversity 50. Thank you for your interest.
The Canadian Board Diversity Council unveiled the results of our third nationwide search for qualified, diverse candidates for corporate board of director appointments on October 16, 2014. Adding 50 new corporate leaders to its database, we now have a pool of 150 candidates. We are proud to have 17 FP500 appointments and 3 Fortune 500 appointments from our Diversity 50.
This year, the Council in collaboration with the 12 Diversity 50 Presidents, CEOs and Chairs, will add another 50 candidates to the list, creating what we consider the definitive resource of diverse, board-ready candidates. The Council will release its next Diversity 50 list in the Fall 2015 and will facilitate introductions for our Members' boards and executive teams at that time.
Diversity 50 is designed to help corporate directors identify board-ready diverse candidates beyond their own networks. How do we define diversity? The Council's definition expands the traditional board definition of industry experience, management experience, functional area of expertise, education, geography and age to also include such considerations as ethnicity, gender and Aboriginal status.
We are grateful to HSBC Canada President and CEO Sandra Stuart, Deloitte Canada Managing Partner and Chief Executive Frank Vettese and the 10 other CEOs who have developed and vetted the qualification criteria for Diversity 50 in collaboration with the Council.
Diversity 50 has proven to be an effective tool to boost diverse board-level representation in Corporate Canada. If your organization is a Member of CBDC, please click here to meet the Diversity 50. You may search specific fields such as industry experience, functional area of expertise and gender to name a few. Like in any search for a new director, the onus remains on a board's nominating and governance committee (and their executive search firm) to exercise due diligence and assess the potential candidate's credentials against the board's requirements.
It is important that corporate directors meet the Diversity 50 candidates in person. The Council was pleased to facilitate these introductions for our Members' boards of directors and executive teams at private receptions hosted by the select CEOs. The Receptions will be held again in 2015 in Calgary, Vancouver, Montréal and Toronto in September and October.
We invite your organization to join the Council and mitigate the risk to your business of not having the diversity of thought and experience at the table to drive shareholder value.
For more information, please contact
Paul-Emile McNab at 416-361-1475 ext. 251.
Thanks to the 12 CEOs and their organizations who are supporting and sponsoring the Diversity 50 initiative.
Interim President and Chief Executive OfficerCoast Capital Savings
PresidentSun Life Financial Canada
President and Chief Executive OfficerPostmedia Network
President and Chief Executive OfficerCanadian Oil Sands
President and Chief Executive OfficerIAMGOLD
President and Chief Executive OfficerHSBC Bank Canada
President and Chief Executive OfficerIron Ore Company of Canada
Global Vice Chair and Chairman, CanadaNorton Rose Fulbright
President and Chief Executive OfficerHydro-Québec
Managing Partner and Chief ExecutiveDeloitte
President and Chief Executive OfficerSuncor Energy
Annalisa King elected to Board of North West Company Inc., November 2014
Laura Dottori elected to Board of Teck Resources, November 2014
Heather Nicol elected to Board of Genworth MI Canada Inc., June 2014
Sarah Raiss elected to Board of Vermilion Energy Inc., March 2014
Sarah Davis elected to Board of AGF Management Limited, January 2014
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Sue Lee elected to Board of Bonavista Energy Corporation, November 2013
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Sarah Kavanagh elected to Board of HudBay Minerals Inc., July 2013 and WPT Industrial REIT, April 26, 2013
Katherine Rethy elected to Toromont Inc. board, July 2013
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Laura Formusa elected to board of Equitable Life of Canada, June 2013
Catherine Hughes Board of Statoil, July 2013; elected to Precision Drilling Corporation, May 2013
Janet De Silva elected to Intact Financial (TSE:IFC), May 2013
Beth Horowitz elected to Board of Aimia, December 2012
Linda Kuga Pikulin elected to Board of Enersource, December 2012
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Debra Kelly Ennis elected to Board of Altria, February 2013; elected to the Board of Hertz Global Holdings, Inc., May 2013