Federal finance minister Jim Flaherty Thursday
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 Flaherty, in a release.
Taylor was most recently the President and CEO of Four Seasons Hotels and Resorts, having served in successively more senior positions over her almost 24-year career with the company. She is also a director of the Royal Bank of Canada (RBC) and has been appointed as the chair designate by the RBC Board effective Jan. 1, 2014. She also serves as a Director of the Hospital for Sick Children Foundation in Toronto.
Among her many accolades, 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.
Directors of the CPPIB, which is responsible for investing Canada Pension Plan (CPP) funds, are selected by the federal government, in consultation with participating provincial governments, from a list of candidates submitted by a joint federal-provincial nominating committee.