New Board Unveiled At OLG
McGuinty Government Protecting Ontario Taxpayers
The Ontario government has named Paul Godfrey as new chair of the Ontario Lottery and Gaming Corporation (OLG). Five other new members will also join the board.
Godfrey, President and CEO of the National Post newspaper, is widely regarded as one of Canada's top business leaders. He is a former chair of Metro Toronto, a newspaper publisher and chief executive, and head of the Toronto Blue Jays' baseball club.
The other board members are:
- Shirley Hoy - CEO at Toronto Lands Corporation. She is a former chief administrative officer/city manager for the City of Toronto and a former executive commissioner of Community and Neighbourhood Services. Hoy is a member of both the University of Toronto Governing Council and the Steering Committee of DiverseCity.
- Dale Lastman - Co-Chair of Goodmans LLP, where he practises corporate, commercial and securities law. Lastman is a member of the Board of Trustees for the Hospital for Sick Children and is Director of Canada's Top 40 under 40.
- Anthony Melman - Chair and CEO of Nevele Inc. Previously, he was founding partner and vice-president of Onex Corporation and served as a managing director until his retirement in 2006. Melman is chair of the Baycrest board of directors and a member of the board of governors of Mount Sinai Hospital.
- Thomas O'Brien - Joined PricewaterhouseCoopers LLP in 1973 and was lead partner for Total Tax Contribution. O'Brien is a former director and chair of the Yves Landry Foundation and a former director and treasurer of St. Clair College.
- William Swirsky - CEO of William J.L. Swirsky & Associates. He is a former vice-president of Knowledge and Development at the Canadian Institute of Chartered Accountants. He is a board member of the Centre for Studies in Information Integrity and Information Assurance at the University of Waterloo and a former member of XBRL International Inc. Swirsky is a member of the Institute of Chartered Accountants of Ontario and the Institute of Corporate Directors.
This diverse group represents some of Ontario's top business leaders and respected community members. Their guidance and oversight will help ensure that the OLG manages its operations as effectively and efficiently as possible. Working with the CEO, they will also help maintain a culture of accountability and transparency at the corporation.
The OLG operates and manages the province's network of lotteries, casinos and slots facilities at horse racing tracks.
- The OLG awarded over $1.6 billion in prizes last year to players
- According to Ontario's 2009 Budget, an estimated $1.9 billion in net revenue from resort casinos, lotteries, charity casinos and slot machines at racetracks will help support hospital operations and other priorities in 2009-10
- Since August 31, 2009, an interim board comprised of senior-level officials from the Ontario Public Service has been in place at the OLG
“Each of the new members brings a wealth of experience and a proven track record as some of Ontario's top business leaders. OLG profits are invested in hospitals and schools - in all of the important programs and services Ontarians depend on - so we must maximize that asset.”