CFO Tim Deacon set to leave Ontario Teachers', for a new financial role
The Ontario Teachers' Pension Plan Board (Ontario Teachers') made an announcement regarding the departure of its chief financial officer, Tim Deacon.
Deacon is set to leave the organization for a leadership position at another financial institution, marking his last day at Ontario Teachers' on April 5.
Deacon, who joined Ontario Teachers' in 2021, brought with him over two decades of senior management expertise in financial management and global investments.
Throughout his tenure at Ontario Teachers', Deacon played a pivotal role in driving substantial transformation initiatives within the Finance Division and beyond.
He has been recognized for his significant contributions as a key member of the executive team, offering seasoned leadership and being readily accessible to colleagues across various offices.
Jo Taylor, president and CEO of Ontario Teachers', stated, “Tim has made a very strong contribution in his time at Ontario Teachers', overseeing impactful transformation initiatives within and beyond the Finance Division and serving as an experienced and accessible executive team member and leader to colleagues across our offices. We wish him well in the future.”
In light of Deacon's upcoming departure, Ontario Teachers' has announced plans to initiate a process to appoint a successor. The organization aims to ensure a smooth transition and has stated that further information regarding the succession plan will be shared in due course.
