Alberta Names Interim CEO for Pension Manager

Alberta Names Interim CEO for Pension Manager After Shock Firing
Alberta’s government named a long-serving bureaucrat as interim chief executive officer of the province’s pension fund manager following Thursday’s shock firing of the entire board.Ray Gilmour, who joined the public service in 2007 and currently serves as deputy minister of the executive council,
Alberta government appoints interim CEO at embattled AIMCo after removing its board
Ray Gilmour was appointed by the government of Alberta, Canada, as the interim CEO of the C$168.9 billion ($121 billion) Alberta Investment Management Corp., Edmonton. On Nov. 7, the Alberta government of Premier Danielle Smith dismissed the entire 10-member board of AIMCo, citing underperformance issues and rising costs.
Alberta Government Dissolves AIMCo Board Over Performance Concerns
The Alberta government on Thursday removed the entire board of the (AIMCo), citing years of failing to meet mandated benchmark returns at the $170 billion
Alberta Fires Pension Manager’s Board, CEO Over Rising Costs
Alberta Investment Management Corp.’s chief executive officer and entire board were sacked by the provincial government, which said the money manager has increased compensation and staff but hasn’t produced acceptable returns.
Alberta government fires AIMCo board, citing rising costs and poor performance
EDMONTON – Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment Management Corp., the Crown corporation that manages pension
Alberta government fires AIMCo board
This is also the third board to be fired in its entirety by the UCP government, following Smith’s firing of the Alberta Health Services board in 2022 and the firing of the Banff Centre for Arts and Creativity board last year.
Alberta Fires Pension Manager’s Board Over Costs, Returns
Alberta Investment Management Corp.’s entire board was sacked by the provincial government, which said the money manager has increased compensation and staff but hasn’t produced acceptable returns.
Alberta government fires AIMCo board to 'reset' pension management fund
For now, Finance Minister Nate Horner has been appointed the sole director and chair for AIMCo, according to the province.
Alberta government fires AIMCo board, 4 top executives to 'reset' pension fund manager
The provincial government has removed the entire board of the Alberta Investment Management Corporation (AIMCo), ...
Calgary Herald22h
AIMCo upheaval resurrects questions over future of proposed Alberta pension plan
The mass overhaul of leadership at the Alberta Investment Management Corp. will likely raise new questions ... would ...
CTV News4h
Alberta appoints Ray Gilmour as interim CEO of AIMCo
The provincial government has announced the new chief executive officer of the Alberta Investment Management ...
Alberta to name senior bureaucrat to lead AIMCo after ousting CEO, entire board
Ray Gilmour, the province’s top deputy minister and secretary to cabinet, will take over as head of the pension fund, sources ...
Alberta government fires AIMCo board citing rising costs, poor performance
Finance Minister Nate Horner said the reason is poor performance, with rising staffing and management fees coupled with a consistent failure to meet mandated benchmark returns.