Board of Directors

Mr. Dussault is currently President of ACVA Investing Corporation which is a privately held investment company. Mr. Dussault has been Chairman of the Board of Directors of Intact Financial Corporation since January 1, 2008, and was President and Chief Executive Officer of the Company from 2001 to the end of 2007. Mr. Dussault has been a director of Intact Financial Corporation and its P&C insurance subsidiaries since 2000. He is a Fellow of the Canadian Institute of Actuaries and the Casualty Actuarial Society; he graduated from the Université Laval (Québec) with a Bachelor of Actuarial Science degree and has completed the Advanced Executive Education Program at the Wharton School of Business.

Claude Dussault , , , Chairman of the Board and President, ACVA Investing Corporation

Charles Brindamour is Chief Executive Officer (CEO) of Intact Financial Corporation, the largest provider of property and casualty insurance in Canada and a leading provider of specialty insurance in North America. He began his career with Intact in 1992 and has held progressively senior roles, in Canada and abroad, within Intact and its former affiliates as Senior Vice President of Personal Lines, Executive Vice President and Chief Operating Officer. Mr. Brindamour was appointed President and CEO in January 2008.

Under Mr. Brindamour’s leadership, the company became an independent and widely-held Canadian company in 2009 and two years later, acquired AXA Canada; the largest acquisition in the history of Canada’s property and casualty insurance (P&C) industry. After a broad transformation and four more acquisitions, Intact is today the unparalleled leader in Canada in both personal and commercial lines, protecting one in five Canadians and one in four small businesses. In 2017, Mr. Brindamour grew the company’s presence further into the United States with the acquisition of OneBeacon Insurance Group, creating a North American leader in specialty insurance.

Mr. Brindamour is a graduate of Laval University in Actuarial Sciences and an Associate of the Casualty Actuarial Society. In May 2019, Mr. Brindamour received an honorary PhD by HEC Montréal. He is a board member of Intact Financial Corporation, Branksome Hall and the Business Council of Canada. Mr. Brindamour also serves as Chairman of the Geneva Association and is a co-founder of the Intact Centre for Climate Adaptation at the University of Waterloo.

Charles Brindamour , , , Chief Executive Officer

Ms. De Silva is currently the President & CEO of the Toronto Region Board of Trade, a role she assumed in January 2015. Ms. De Silva has more than 10 years of CEO experience in China leading Sun Life Financial’s business in Hong Kong and then its mainland China joint venture. She also co-founded and was CEO, from 2007 until 2010, of Retail China Limited, a company that worked with international retail brands operating their retail stores and managing franchises in China. Prior to her return to Canada, she was the Dean of Ivey Asia, leading the Hong Kong campus and mainland China operations of Ivey Business School at Western University. She also serves as a director on the Board of Blue Umbrella Limited, an Asian based due diligence and risk management services provider. She is a past member of the board of the Asian Corporate Governance Association. She has served terms both as Chair and President of the Canadian Chamber of Commerce in Hong Kong and Chair of Canada China Business Council, Beijing. In 2006, she was named Asian Business Executive in the Stevie Awards for Women in Business, in 2007 she was named one of Canada’s Top 100 Most Powerful Women, and in 2014 was recognized as a “Woman of Our Time” by the South China Morning Post for her contribution to education in Hong Kong. Ms. De Silva holds an MBA from the Ivey Business School at Western University and a Doctor of Law honoris causa from Thompson Rivers University.

Janet De Silva , , , President & CEO of Toronto Region Board of Trade

Mr. Leary is CEO of The Olayan Group, a private multinational enterprise. The Olayan Group is an international investor and a diverse commercial and industrial group with operations globally. Mr. Leary was previously CEO of Nuveen, a U.S. based investment management firm that was acquired in 2014 by TIAA-CREF (Teachers Insurance & Annuity Association – College Retirement Equities Fund), now known as TIAA. Mr. Leary had joined TIAA-CREF in 2013 and was instrumental in the acquisition and invigoration of Nuveen as well as its integration with TIAA’s pre-existing asset management business. Mr. Leary began his career as a lawyer for White & Case in New York, and then moved into the financial services arena with J.P. Morgan & Co., where he led the development of fixed-income derivative applications and investment strategies for pension plans and other investment managers. In the course of more than 20 years in the industry, Mr. Leary helped build AIG Financial Products’ investment business and led all of its client-facing businesses from marketing to distribution globally, and later was CEO of ING Investment Management Americas and ING Insurance U.S. At ING U.S, he was responsible for the investment management, retirement, insurance and annuity businesses, as well as operations, IT and marketing in the U.S. He has been a frequent speaker and/or panelist at numerous industry conferences and has appeared in major financial media. He earned his bachelor’s degree in political science at Union College and his law degree from Fordham University School of Law.

Robert G. Leary , , , CEO, Olayan Group

Ms. Mercier is a professional director and her career encompasses more than 40 years of general management experience in the financial services, communications, integrated oil and forest products sectors. Ms. Mercier retired as the Chair of the Board of the Ontario Teachers’ Pension Plan at the end of 2014 and in July 2015 became Chair of the Board of Payments Canada. She is currently a director of the Royal Conservatory of Music. From 1995 to 2003, Ms. Mercier headed her own management consulting firm, Finvoy Management Inc., specializing in financial strategy, restructuring and corporate governance issues. Prior to that time, she was Senior Vice-President and Chief Financial Officer of Abitibi-Price Inc. She holds an MBA from York University and a master’s degree in English from the University of Alberta. In 2010, Ms. Mercier received an honorary LLD from York University and in 2013, an honorary LLD from Wilfrid Laurier University. In 2011, she was ranked one of Canada’s Top 25 Women of Influence. In January 2013, November 2015 and November 2017, Ms. Mercier was named to Canada’s Top 100 Most Powerful Women in the Accenture Corporate Directors category. In October 2016, Ms. Mercier was appointed chancellor of Wilfrid Laurier University. She is also a Fellow of the Institute of Corporate Directors of Canada and a Fellow of the Institute of Canadian Bankers. Ms. Mercier was appointed a member of Intact Financial Corporation’s former Advisory Board in 1999.

Eileen Mercier , , , Corporate Director

Sylvie Paquette has spent her entire career in the P&C insurance industry in Canada. She joined Desjardins Group in 1984 and held a variety of progressively senior roles within the organization before being promoted in 2008 to Senior Executive Vice-President and General Manager of the Group’s P&C insurance division as well as President and Chief Operating Officer of Desjardins General Insurance Group (DGIG). During Ms. Paquette’s tenure as President and COO, she spearheaded Desjardins’ acquisition of State Farm’s Canadian operations in 2015. She retired from Desjardins Group in December 2016.

Ms. Paquette was actively involved in key industry associations. In recent years, she was a Board member of the Insurance Bureau of Canada (Chair in 2015 and 2016), of the General Insurance Statistical Agency, of the Institute for Catastrophic Loss Reduction and of the Centre for Insurance and Financial Services Development (Chair from 2009 to 2014). In 2009, she was named one of Canada’s Top 100 Most Powerful Women and in 2014 she received the “Inspiration – Andrée Corriveau” Award from the Association of Quebec Women in Finance. Throughout her career, Ms. Paquette has co-chaired major fundraising campaigns and she now sits on the Board of Laval University’s Foundation. Ms. Paquette is a graduate of the Actuarial Science program at Laval University and a Fellow of both the Canadian Institute of Actuaries and the Casualty Actuarial Society.

Sylvie Paquette , , , Corporate Director

Tim Penner served as President of Procter & Gamble Inc. (Canada) from 1999 to 2011, when he retired after 33 years with the company. He has extensive international experience, as Vice President of P&G’s Health and Beauty Care business in the UK and Ireland, and later as Vice President of P&G’s North American Tissue/Towel business in Cincinnati, Ohio. He currently serves as Board Chair of MaRS Innovation as well as on the boards of SickKids Hospital, Club Coffee and The Beer Store. Mr. Penner is past Chair of the YMCA of greater Toronto, GS-1 and Food & Consumer Products of Canada. He served on the boards of the Youth Challenge Fund and Career Bridge and was Chair of the United Way of Greater Toronto 2007 Campaign, after serving as Deputy Chair for 2006.

Timothy H. Penner , , , Corporate Director

Mr. Singer is an Internet pioneer and entrepreneur whose career and philanthropic accomplishments have spanned a broad range of sectors from media, education, arts, science and veteran affairs. He is currently CEO of Echo360 which provides a next generation educational software platform to help over 500 institutions in 30 countries deliver better educational outcomes. Previously, Mr. Singer was a Senior Advisor to Masayoshi Son, President and CEO of Softbank Corporation in Japan and was also active as a venture partner at Softbank Capital in the U.S. Prior to Softbank, Mr. Singer held a number of senior roles at AOL including Chief Operating Officer of AOL Studios, Chief Operating Officer for ICQ (instant messaging) and Senior Vice President of Emerging Products. Prior to AOL, he was a founder of the Washington Post Online Service (now and a consultant with Bain & Company. Mr. Singer has served on a number of business, charitable and educational boards including DoubleClick, Motley Fool Company, Kennedy Center for the Performing Arts (International Committee), Queen’s University School of Business, Upper Canada College, The Langley School and “Warrior to Cyber Warrior” which focuses on providing distance learning training in the field of cybersecurity to wounded veterans. He was named one of Washingtonian Magazine’s “Tech Titans” in 2013 and 2015. He has also funded pioneering research in autism with the Children’s National Medical Center and Stanford University. Mr. Singer holds an MBA from Harvard University, as well as an LLB, MA in Philosophy, BA with Distinction in Philosophy, and a Bachelor of Commerce (Honours) from Queen’s University in Canada. He is also a recipient of the Tricolour award at Queen’s University.

Frederick Singer , , , CEO of Echo360

Mr. Snyder was formerly President and CEO of TransAlta Corporation, a position he held since 1996 until his retirement on January 1, 2012. Previously, he was President & CEO of Noma Industries Ltd., GE Canada Inc. and Camco, Inc. He is a Director of Anaergia Inc. and is Honorary Consul General (Calgary) for the Government of New Zealand. Mr. Snyder was also a member of the Board of TransAlta Corporation until January 1, 2012 and is a past Director of the Canadian Imperial Bank of Commerce and CCEMC. He is the past Chair of the following organizations: the Calgary Stampede Foundation Campaign, Alberta Secretariat for Action on Homelessness, the Calgary Committee to End Homelessness, the Calgary Homeless Foundation, the Canada-Alberta ecoEnergy Carbon Capture & Storage Task Force, the Conference Board of Canada, the Calgary Zoological Society, the Canadian Electrical Association, the United Way Campaign of Calgary and Area, and the Calgary Zoo’s “Destination Africa” capital campaign. He was awarded the Alberta Centennial Medal in 2005, the Conference Board of Canada 2008 Honorary Associate Award, the Chamber of Commerce Sherrold Moore Award of Excellence in 2009, the Canadian Energy Person of the Year Award by the Energy Council of Canada in 2010 and was Alberta Oil magazine’s CEO of the year for 2011.

Mr. Snyder holds a Bachelor of Science in chemical engineering from Queen’s University as well as an MBA from the University of Western Ontario. In addition, he has honorary degrees from the University of Calgary (LLD) and the Southern Alberta Institute of Technology (Bachelor of Applied Technology).

Stephen Snyder , , , Corporate Director

Ms. Stephenson served as the Dean of the Ivey Business School at Western University from July 2003 until her retirement in September 2013. She worked for more than 30 years in the telecommunications and technology industries, most recently as President and Chief Executive Officer of Lucent Technologies Canada. Ms. Stephenson currently serves on the board of directors for several top Canadian and U.S. companies. She is the former Chair of the Government of Canada’s Advisory Committee on Senior Level Retention and Compensation, a position she held for more than 10 years. From 2005-2007, Ms. Stephenson served as a Member of the Prime Minister’s Advisory Council on Science and Technology. In November 2006, she was appointed by the Federal Government to serve on the Board of Directors of the Vancouver Olympic Games Organizing Committee (VANOC). In 2008, she was inducted into Canada’s Telecommunications Hall of Fame. In 2009, Ms. Stephenson was given one of the highest honours a Canadian civilian can achieve and was appointed an Officer of the Order of Canada for her contributions to the development of our national telecommunications industry and for her work at the Ivey Business School. In 2011, she was ranked one of Canada’s Top 25 Women of Influence. In 2016, she was recognized by the National Association of Corporate Directors as one of the top 100 directors in North America. Ms. Stephenson is a graduate of the University of Toronto. She has also completed the Executive Program at the Graduate School of Business Administration, University of California at Berkeley, and the Advanced Management Program at Harvard University. She was awarded an honorary doctorate from Ryerson Polytechnic University and Western University. Ms. Stephenson was appointed a member of the Company’s former Advisory Board in 1999 and was previously a member of our Board of Directors in 1999. She has also been a director of the Company’s P&C insurance subsidiaries since 2002.

Carol Stephenson , , , Corporate Director

Mr. Young is a corporate director with extensive public company board experience. He has been a member of the Magna International Board of Directors since 2011, and has Chaired that Board since 2012. He also has extensive experience in the private equity sector. He co-founded and was a partner of Monitor Clipper Partners, a private equity firm established in 1998. He is also a founding partner of Westbourne Management Group (1988) and was a partner in the European practice of Bain & Company (1981-1988). Mr. Young possesses significant operational experience, as well as extensive mergers and acquisitions experience. He is Chair Emeritus of the Board of Trustees of Queen’s University, which he chaired from 2006 to 2012, is a member of the Canadian Institute for Advanced Research (CIFAR) and Canadian Partnership Against Cancer (CPAC) Boards, and has significant private company board and board leadership experience over the last 20 years, including a number of European and U.S.-based companies. Mr. Young is a professional engineer (P.Eng. – Ontario) with a B.Sc in chemical engineering (Queen’s) and a MBA (Harvard).

William L. Young , , , Corporate Director

With over 30 years of experience in the financial services sector, Ms. Kinney is a recognized leader in governance, risk management, regulatory compliance and internal audit services. She is a Vice Chair of Deloitte and a member of its leadership team. Prior to that role, she occupied various positions at Deloitte including that of Canadian Managing Partner, Quality & Risk and of Global Chief Risk Officer. She is also a former member of Deloitte’s Board of Directors and Risk Committee. Ms. Kinney’s governance and risk experience includes numerous reviews and independent evaluations of organizations responding to regulator findings. A substantial portion of her practice has focused in the evolving areas of Risk Governance and Risk appetite.

Ms. Kinney is an active member of the community and a member of various boards, including the Perimeter Institute for Theoretical Physics, Women’s College Hospital Foundation and Toronto Finance International where she is Chair of the Board. She also is a long-time supporter and the current Chair of the Patron’s Council of the Alzheimer Society of Toronto. She is a leader of her profession and has been recognized as a Fellow of the Chartered Professional Accountants of Ontario in addition to being a frequent speaker at conferences focusing on Regulatory Compliance, Internal Audit, Corporate Governance and Enterprise Risk Management. Ms. Kinney has a Math degree from the University of Waterloo and was recognized with an Alumni Achievement Award in 2013. She has been an advocate for women throughout her career and was recognized as one of Canada’s Most Powerful Women in 2014.

Jane Kinney , , , Corporate Director