Women on Board

Women on Board

June 18, 2009 10:00 ET

Top Canadian Executives Help Women "Crack the Barrier and Get on Boards"

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 18, 2009) - Carole Taylor knows the benefits of having more women on corporate boards. That's why the Chair of the Federal Economic Advisory Council signed on as a mentor for the 2009 Women on Board™ Mentoring Program. This year, a record 17 leading Canadian companies are participating in the program, including, RBC Financial Group, Intact Financial Corporation, BC Hydro, Borden Ladner Gervais and Fortis Inc. The program matches CEOs and board chairs with talented senior executive women. These women will meet with their mentors every few months to get advice on how to improve their candidacy for board directorships.

"One of the most effective ways to increase the representation of women on boards is through individual, purposeful mentoring," says Taylor, who is partnered with Janet Woodruff, Interim President of BC Transmission Corporation. "I am pleased to be part of such a program."

James Stanford, Calgary-based President of Stanford Resource Management and Chair of OPTI Canada and Nova Chemicals, is also a new supporter. "The values and perspectives that women directors can bring to Board deliberations are very significant," says Stanford. "Corporations do themselves an injustice by not availing themselves of this resource more fully."

Other business leaders joining the program as first-time mentors are Courtney Pratt in Toronto and Jean-Rene Halde in Montreal. Pratt, who is Chair of Knightsbridge Human Capital Management and Chair and CEO of Toronto Region Research Alliance, says, "I know that it's not easy for an individual to crack the barrier and get on boards. It usually takes a conscious effort to do so, and if I can be helpful to a woman in taking this step, I will consider it a very good use of my time, experience and contacts." Pratt's mentee is Nancy Smith, Managing Director at ARC Financial Corp. in Calgary.

Halde, who is Business Development Bank of Canada's President and CEO, says, "Being a great leader takes a certain set of skills; being a great board member requires additional ones. If I can contribute to someone acquiring some of these skills, I will have contributed to strengthening our business community. If the person acquiring these skills is a woman, so much the better, as we need more on our boards."

Taylor and her fellow mentors know their efforts are going to pay off, because having more women on boards is good for business - it is good for the bottom line - and it can give companies a significant edge in these tough economic times.

Women on Board™ is a not-for-profit society that promotes the nomination of women to corporate boards in Canada. Our singular priority is to operate the Women on Board™ Mentoring Program, which launched in 2007. Financial support for Women on Board™ is generously provided by our sponsors and participating companies. Current and past program supporters include: Manulife Financial Inc., TD Bank Financial Group, TransAlta Corporation, Alcan Inc., TransCanada Corporation and Finning International Inc.

A complete list of our new mentors and mentees follows. More information about the Women on Board™ Mentoring Program is available on our new website at www.womenonboard.ca.

NEW MENTORS for 2009 NEW MENTEES for 2009
------------------------------------ ------------------------------------
Carole S. Taylor, O.C. Beth Medhurst, CA
Chair Senior Vice President, Human
Federal Economic Advisory Council Resources
Atomic Energy of Canada Limited
Donna Soble Kaufman, BCL, LLM
Chair Cynthia Johnston
TransAlta Corporation Vice President, Regulatory and Legal
FortisAlberta Inc.
Douglas H. Mitchell, Q.C.
National Co-Chair Debbie Coull-Cicchini
Borden Ladner Gervais LLP Senior Vice President, Ontario
Intact Insurance Company
Douglas M. Holtby, CA
President and CEO Debbie Nagle, CHRP
Arbutus Road Investments Inc. and Chief Human Resources Officer
Vice Chair,Goldcorp Inc. BC Hydro and Power Authority

E. Courtney Pratt, O.C. Deborah H. Overholt, LLB
Chair Vancouver Regional Managing Partner
Knightsbridge Human Capital Borden Ladner Gervais LLP
Management Inc. and Chair and
CEO, Toronto Region Research Edmee Metivier
Alliance Executive Vice President, Financing
and Consulting
Eileen A. Mercier, FICB Business Development Bank of Canada
Ontario Teachers' Pension Plan Geri Prior, CA
Chief Financial Officer
Gail C.A. Cook-Bennett, Ph.D. Insurance Corporation of
Chair British Columbia
Manulife Financial Inc.
Janet Woodruff, CA, ICD.D
Glenna Carr, ICD.D Interim President
Chair BC Transmission Corporation
Atomic Energy of Canada Limited
Josephine Nadel, LLB
Hugh J. Bolton, FCA Partner
Chair Borden Ladner Gervais LLP
EPCOR Utilities Inc.
Karyn A. Brooks, CA
Ian A. Bourne Senior Vice President and
Chair Controller
Ballard Power Systems Inc. BCE Inc.

James M. Stanford, O.C. Kathy Stevenson, FCA
President Senior Vice President and
Stanford Resource Management Inc. Chief Financial Officer
and Chair, OPTI Canada Inc. and Interior Savings Credit Union
Nova Chemicals Corp.
Laura Hantho, ICD.D
Jean-Rene Halde Director and Entrepreneur
President and CEO
Business Development Bank Nancy L. Smith, ICD.D
of Canada Managing Director, Finance
and Planning
Jocelyn Proteau ARC Financial Corp.
BTB Real Estate Investment Trust Rosemarie McClean, ICD.D
Senior Vice President,
P. Nicholas (Nick) Geer, FCA Member Services
Chair Ontario Teachers' Pension Plan
Shauneen E. Bruder, FICB, ICD.D
T. Richard Turner Executive Vice President, Business
President and CEO and Commercial Banking
TitanStar Capital Corp. and Chair, RBC Financial Group
Insurance Corporation of
British Columbia Sue Fawcett, CFA, ICD.D
William A. Dimma, C.M., O.ONT. Fawcett Financial Inc.
Chair Emeritus
Home Capital Group Victoria Davies, CA, CMA
Chief Financial Officer and
Corporate Secretary
Knightsbridge Human Capital
Management Inc.

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