- TD Bank Group executive is among four great Canadian leaders honoured
at the magazine's First Annual CEO of the Year celebration -
- Profiles of four winners, plus special report on Canadian leadership
featured in issue hitting newsstands starting tomorrow -
- Visit: canadianbusiness.com/ceo -
TORONTO, Nov. 6, 2013 /CNW/ - Canadian Business magazine singled out TD
Bank Group's Ed Clark as the CEO of the Year tonight at a formal black
tie gala at the Four Seasons Hotel in Toronto. With a who's who of
business luminaries in attendance, the first annual CEO of the Year
soirée was a momentous display of recognition and celebration, with
three additional Canadian CEOs taking home awards.
"We all tend to be quick to call out a bad CEO, but we don't give great
leaders nearly enough praise," said Canadian Business Editor Duncan
Hood. "With these CEO of the Year Awards, we are starting a tradition
of doing just that, because good chief executives don't just create
value for shareholders, they create economy-boosting value for Canada,
through jobs, new products and innovations."
The CEO of the Year program focuses on successful strategies implemented
by CEOs who have made a major contribution to the Canadian business
community and to Canada's overall economic success. Winners were chosen
based on corporate performance in addition to a review by an
independent advisory board consisting of Canada's top business leaders,
academics and strategists.
Winners of the First Annual Canadian Business CEO of the Year Awards
CEO of the Year
Ed Clark, TD Bank Group
Top Turnaround CEO
Hunter Harrison, Canadian Pacific Railway Ltd.
Most Innovative CEO
Ellis Jacob, Cineplex Inc.
Top New CEO
Gregg Saretsky, WestJet Airlines Ltd.
"The calibre of winners for the inaugural CEO of the Year Awards is
outstanding, and we are proud to launch the Awards from a foundation of
such leadership excellence," said Brian Segal, Advisory Board Chair,
and Chair of the Ted Rogers Leadership Centre at Ryerson University.
"Each winning CEO has his own unique strengths and leadership style,
but one essential quality they all possess is a clear vision for the
companies they lead."
Hosted by Dianne Buckner of Dragons' Den, the event welcomed an array of well-known guests including Clive
Beddoe (WestJet Airlines), Jeanne Beker (Edit by Jeanne Beker) Bonnie
Brooks (Hudson's Bay Co.), Anne Golden (Ryerson University), Nadir
Mohamed (Rogers Communications), Keith Pelley (Rogers Media), Chris
Rudge (Toronto Argonauts), Jim Treliving (T&M Group of Companies) and
many more, including the four award-winners.
CEO of the Year Advisory Board Members
President of Jalynn H. Bennett and Associates, former Vice-President at
Vice-Chair of the Hudson's Bay Co.
President and CEO of the Institute for Research on Public Policy
Founder and CEO of Mattamy Homes
Former President and CEO of the Conference Board of Canada, special
adviser at Ryerson University
Board Director and Co-Lead of the Asia-Pacific region for Spencer Stuart
President of Sun Life Financial
President and CEO of Rogers Communications Inc.
President and CEO of Clearwater Fine Foods Inc.
Executive Chair and CEO of the Toronto Argonauts Football Club
Chair of the Ted Rogers Leadership Centre at Ryerson University
(Advisory Board Chair)
CEO of RioCan Real Estate Investment Trust
Former Dean of the Richard Ivey School of Business, Western University
President of Maxus Canada and former Managing Director at Mindshare
CEO of the Year Awards: Methodology
The CEOs of all large publicly traded Canadian corporations are eligible
to compete for the CEO of the Year award. The selection process
involves two distinct steps. In the first, the performance of the
corporation under the CEO's direction is considered. In the second, the
qualities of the CEO him- or herself are considered.
Part I: A shortlist of approximately 30 CEOs were determined based on the
The CEO's company performance must score amongst the top corporations in
its sub-sector by five-year total return
The CEO's company must score amongst the top corporations in its
sub-sector by five-year market cap growth
Part II: An advisory panel consisting of Canada's most respected business
leaders graded each CEO out of five on the following criteria: vision,
innovation, strategic thinking, social responsibility.
About Canadian Business magazine
Founded in 1928, Canadian Business is the longest-serving, best-selling
and most-trusted business publication in Canada. Canadian Business
stands alone as the business magazine in Canada with 100% paid
circulation. With a readership of more than 800,000, the magazine is
published every second Monday, except in January, July and August, when
monthly issues are published. Special annual issues of Canadian
Business include the Investor 500, the MBA Guide, the Rich 100 and
Winners and Losers. Visit www.canadianbusiness.com
SOURCE: Canadian Business
For further information:
Media contact Saphyre Haliburton, Canadian Business, firstname.lastname@example.org, 416-764-1719