FAIR Canada is governed by its own board of directors. The board of directors of FAIR Canada is responsible for appointing and supervising executive staff of the Foundation. The board of directors is composed of the following persons:
Stanley Beck (Chairman)*^
Ermanno Pascutto (Executive Director)
*Audit Committee
The Audit Committee is comprised of three directors: Ellen Roseman (Chair), Stanley Beck and Robert Pouliot. The financial statements of FAIR Canada are audited, and its fiscal year runs from July 1 to June 30. The auditor is Cowperthwaite Mehta, Licensed Public Accountants.
^Executive Committee
The recently formed Executive Committee is comprised of four directors: Stanley Beck (Chair), Neil de Gelder, Claude Lamoureux and Dawn Russell.
Board Meetings
The board generally meets bi-monthly and also holds a full-day strategic planning meeting each year. In addition to the meetings, staff also consults the board on important policy submissions and reports. FAIR Canada plans to focus on four strategic priorities for the years 2010 to 2012.
Qualifications of the Board
In selecting the board of directors, the following were key criteria in identifying potential directors:
- Knowledge and experience in financial markets
- Expertise in law, financial disclosure and regulation
- Reasonably free of conflicts of interest
- Representative of different regions of Canada
- Representative of investors, with particular reference to individual investors
- Reputation for integrity and acting in the public interest
