Ontario names new Waterfront board members after firing directors over smart-city project GlobeToronto
Waterfront buildings, part of a proposed redevelopment of Toronto's downtown waterfront, are seen in an undated artist rendering provided by Alphabet Inc's Sidewalk Labs unit February 15, 2019.Ontario named four new directors to the board of Waterfront Toronto Thursday, nearly three months after Infrastructure Minister Monte McNaughton fired its previous slate.
The new directors will have three-year terms and include three chief executives of Canadian firms and a longtime real-estate investor. They include Christopher Voutsinas, a real-estate investor who was most recently head of international real estate investment at SEDCO Capital, and who is a past chair of Build Toronto, the municipal real-estate and development agency, during Premier Doug Ford’s time as a city councillor.
Waterfront Toronto is in the midst of a leadership and governance shakeup. A search is underway for a permanent CEO to replace acting chief executive Michael Nobrega, who has led the organization since last summer. Meanwhile, Marisa Piattelli, its chief strategy officer and de facto No. 2, resigned last week. The board, meanwhile, had been half its usual size since the December firings. But it is now in the midst of stabilizing after the recent appointments of Mr.
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