Half (49 per cent) of C-suite leaders at Fortune 500 companies are women (40 per cent) and people from historically under-represented ethnic and racial backgrounds (16 per cent), including nine in 10 (89 per cent) chief inclusion and diversity officers and a fifth (19 per cent) of chief operating officers, according to a new survey […]
The Toronto Transit Commission Pension Plan board is appointing Andy Greene as chief investment officer and James Clarkson as chief financial officer and treasurer. As CIO, Greene will be responsible for overseeing the defined benefit pension plan’s $7.8 billion investment portfolio. He joined the plan as its managing director of investments in 2017. In the role, he […]
The University Pension Plan is appointing Karen Rowe as its chief financial officer. In the new role, she’ll oversee the teams responsible for the UPP’s corporate finance, investment finance and operations functions. Rowe will also collaborate with the UPP’s leadership team and board to provide strategic leadership, advice and counsel on operational processes and business […]
Chief financial officers may be over-confident when it comes to investment forecasts, even when they’ve been proven wrong in the past, according to a new paper by researchers at Duke University and Ohio State University. “Senior financial executives’ beliefs of the mean of the distribution of S&P 500 returns are accurate, but they appear to […]