Eileen Mercier re-appointed as Chair of the Ontario Teachers' Pension Plan Board

    TORONTO, Jan. 5 /CNW/ - Education Minister Kathleen Wynne and George
(Joe) Lamoureux, President of the Ontario Teachers' Federation, today
announced the re-appointment of Eileen A. Mercier to a second two-year term as
Chair of the Ontario Teachers' Pension Plan Board commencing January 1, 2009.
    The Ontario Government and the Ontario Teachers' Federation which
represents teachers in the public, Catholic, and francophone school boards are
joint sponsors of the Pension Plan that provides retirement benefits to
280,000 active and retired teachers across the province. The Ontario Teachers'
Pension Plan Board is the administrator of the Pension Plan on behalf of the
    Eileen Mercier has over 35 years of business experience and was first
appointed to the Board in 2005. From 1995 to 2003 she was President of her own
management consulting firm, Finvoy Management, which specialized in financial
strategy and corporate governance issues. Prior to that time, she spent 25
years working for firms in the financial services, communications, integrated
oil and forest products sectors, culminating with her appointment as Senior
Vice-President and CFO of Abitibi-Price Inc.
    Ms Mercier holds an MBA from York University and an MA from the
University of Alberta. She is bilingual and serves on the Boards of a number
of corporations and charitable associations. Her recent board experience
includes: Winnipak Ltd.; the Workplace Safety & Insurance Board of Ontario;
Quebecor World Inc.; the University Health Network; the Financial Services
Commission of Ontario; Hydro One Inc.; and York University. Presently, Eileen
Mercier serves on the Board of CGI Group Inc., ING Bank of Canada and ING Inc.
    "Ms Mercier's expertise has been a benefit to the OTPP Board and to the
teachers of Ontario," said Joe Lamoureux. "We are pleased that she will be
continuing in her role as Chair."
    "I am delighted that Ms Mercier will continue to chair the Ontario
Teachers' Pension Plan Board," said Education Minister Kathleen Wynne. "Her
strong experience and leadership on the Board will continue to be a great
asset to the Plan members."

For further information:

For further information: Rhonda Kimberley-Young, Secretary-Treasurer,
(416) 966-3424

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Ontario Teachers' Federation

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