TORONTO, Feb. 23 /CNW/ - Lloyd McCoomb, President and CEO has announced
his intention to retire on January 31, 2012. Dr. McCoomb's retirement
date will conclude his five year term leading the Greater Toronto
Airports Authority (GTAA), which operates Canada's largest airport,
The Board of Directors of the GTAA has initiated the process of
searching for a new President and CEO. With the assistance of an
executive recruitment firm a search will be undertaken for the most
qualified candidate whose business knowledge and leadership skills will
best serve Toronto Pearson. This search will include current GTAA
management as well as candidates drawn from the international business
Marilynne Day-Linton, Chair of the Board of Directors thanked Dr.
McCoomb for his years of service. "Lloyd has led Toronto Pearson
through the transition from an airport under construction to an airport
that is ideally positioned to serve its customers as well as support
economic growth in the Greater Toronto Area," said Ms. Day-Linton.
"Under Lloyd's leadership, in June 2010, Toronto Pearson was awarded
the Most Improved Airport by IATA, which speaks to the tremendous
change that we have witnessed in the last five years. The Board will
now focus on the task at hand of finding a new President and CEO."
The Board's recruitment process will ensure that the GTAA is properly
positioned for an effective transition early in 2012.
The GTAA is the operator of Toronto Pearson International Airport, the
busiest airport in Canada and one of the largest airports in North
America in terms of passenger and air cargo traffic. In 2010, Toronto
Pearson handled an estimated 31.9 million passengers. The focus of the
GTAA continues to be on competitiveness, growing the airport's status
as an international gateway, meeting the needs of our travellers and
ensuring the long-term success of the organization, our airline
customers and the regional economy.
SOURCE Greater Toronto Airports Authority
For further information:
GTAA Media Office (416) 776-3709