October 26, 2015 –Toronto, ON – Morneau Shepell Inc. today announced that following his election as a federal Member of Parliament, Bill Morneau resigned today as Executive Chair of Morneau Shepell. Mr. Morneau will no longer be involved in the Company’s management.
Effective immediately, Jill Denham will take on the role of Chair of the Board. Ms Denham has been on the Board of Directors of Morneau Shepell and its predecessor since 2008. Among other roles, Ms Denham was Vice Chair at CIBC Retail Markets, and a Director of the Ontario Teachers’ Pension Plan Board. She is currently a director of several companies, including National Bank of Canada. She holds an HBA from the University of Western Ontario School of Business Administration and an MBA from the Harvard Business School.
“On behalf of the Board of Directors, I’d like to thank Bill for his guidance and leadership over his many years in building Morneau Shepell into Canada’s leading human resources consulting and technology company, and wish him well in this exciting phase of public service that he is entering,” said Ms Denham. “We have a strong leadership team at Morneau Shepell, under the direction of Alan Torrie, President and Chief Executive Officer. We are confident in the depth and continuity of the management team to continue to deliver on our strategic plan and maintain our focus on creating shareholder value.”
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