The Board is composed of 15 directors including the President and CEO, with an even number of independent and non-independent Directors:
Five individuals representing Dealer Members;
Two individuals representing the Marketplace Members;
Seven independent Directors; and
The President and CEO.
TSX is entitled to nominate one of the Marketplace Directors as long as (a) he/she comes from a Marketplace and (b) TSX and Marketplaces associated or affiliated with TSX maintain collectively not less than a 40 per cent market share (as determined under the By-law). The other Marketplace Director will be a representative of a Marketplace other than one affiliated with TSX.
Directors serve for staggered two-year terms. All Directors other than the President are restricted to term limits of four consecutive terms.
IIROC’s Corporate Governance Review Reports:
To learn about the charter and code of conduct that govern the Board of Directors click here: Board of Directors’ Charter and Code of Conduct for Directors.
September 10, 2015
IIROC Members Approve Board of Directors
Board Re-Appoints Chair M. Marianne Harris
February 10, 2015
IIROC Chair Marianne Harris honoured for career achievement
IIROC’s Board of Director biographies: