TORONTO (October 28, 2014) Who are the most effective leaders impacting the overall economic success of the country? Canadian Business today revealed the four winners of its second annual CEO of the Year competition. Focusing on leaders making major contributions to the Canadian business community, the magazine’s CEO of the Year is Louis Vachon of the National Bank of Canada.
In addition to Vachon, Michael Roach, CGI Group, was named Most Innovative CEO; Ian Dundas, Enerplus, was named Turnaround CEO of the Year; and Dean Connor, Sun Life Financial, was named Top New CEO. Winners were chosen based on corporate performance and a review by an independent advisory board of Canada’s top business leaders, academics, and strategists.
The four CEOs will be profiled in the December edition of Canadian Business, available on newsstands and Next Issue on November 6.
“Following the success of last year’s inaugural competition, this year’s selection of CEOs reflected a dynamic breadth of expertise and vision,” said James Cowan, Editor-in-Chief, Canadian Business. “A must-read for every boardroom, the profiles featured in the magazine are packed with insight into why these CEOs are so successful and what sets them apart as the country’s definitive business leaders.”
In addition to the extensive editorial package available on newsstands and Next Issue, the winners will be honoured at the CEO of the Year Awards Gala on Wednesday, Nov. 5 in Toronto. Hosted by Dianne Buckner (Dragons’ Den), Canadian Business’s intimate black-tie gala will bring together the country’s business elite to celebrate the most outstanding chief executive officers in the country. For tickets and additional information, please visit: https://archive.canadianbusiness.com/ceooftheyear
CEO of the Year: Methodology
The CEOs of all large publicly traded Canadian corporations are eligible to compete for the CEO of the Year award. The selection process involves two distinct steps. In the first, the performance of the corporation under the CEO’s direction is considered. In the second, the qualities of the CEO are considered.
Part 1: The performance of the CEO’s company was evaluated based on its five-year financial performance compared against other top corporations in its sector.
Part 2: An advisory panel consisting of Canada’s most respected business leaders graded each CEO out of five on the following criteria: vision, innovation, strategic thinking, and social responsibility.
This year’s judging panel* included:
- Jalynn Bennett, President, Jalynn H. Bennett and Associates Ltd.
- Graham Fox, President and CEO, Institute for Research on Public Policy
- Jeff Hauswirth, Board of Directors Member, Spencer Stuart
- Isabelle Hudon, President, Sun Life Financial, Quebec
- Ellis Jacob, CEO, Cineplex
- Steven Murphy, Dean, Ted Rogers School of Management
- John Risley, President and CEO, Clearwater Fine Foods Incorporated
- Chris Rudge, Executive Chairman & CEO, Toronto Argonauts Football Club
- Brian Segal, Chair, CEO of the Year
- Paul Sobey, Director, Empire Co. Ltd
- Ann Stewart, President, Maxus Canada
*Note: Judges did not evaluate companies where they were employed or had other conflicts of interest.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in Canada. With a readership of more than one million, the magazine is published 14 times a year. Special annual issues of Canadian Business include the Investor 500, the MBA Guide, the Rich 100 and the PROFIT 500.
Sónia Brum, Canadian Business, email@example.com, 416-764-3194