IBI Group appoints Dale E. Richmond as Board Chairman

TORONTO – IBI Group Inc. is pleased to announce the appointment of Dale E. Richmond as Chairman of the Board of Directors of the Company. Mr. Richmond is the Chair of the Canadian Council for Public Private Partnerships, and has served as a director of IBI Group since 2004. Mr. Richmond will contribute his considerable...

Date

March 18, 2014

TORONTO – IBI Group Inc. is pleased to announce the appointment of Dale E. Richmond as Chairman of the Board of Directors of the Company. Mr. Richmond is the Chair of the Canadian Council for Public Private Partnerships, and has served as a director of IBI Group since 2004.

Mr. Richmond will contribute his considerable executive-level experience in the public and private sectors to the Board. His prior roles have included President and CEO of OMERS for ten years, and Chief Administrative Officer of Toronto’s Metropolitan Government for eight years.

In addition to IBI Group, Mr. Richmond has held board positions with a variety of public companies and not-for-profit boards, including Standard Life Assurance, the Greater Toronto Airports Authority, and Sun Media Corporation.

In his new capacity as Chairman, Mr. Richmond will lead a Board renewal process to add new directors to IBI Group’s board. This effort is aimed at enhancing and strengthening the expertise and experience represented on the Board, consistent with good corporate governance practice.

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