The IIROC Board of Directors comprises 15 Directors, including the President and CEO, with an even number of independent and non-independent (industry) Directors:
Five individuals representing Dealer Members (non-independent);
Two individuals representing Marketplace Members (non-independent);
Seven independent Directors; and
IIROC's 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 percent market share (as determined under the
By-law). The second Marketplace Director is a representative from a non-TSX or non-TSX affiliated Marketplace.
Board of Director Members
The IIROC Board of Directors comprises the following individuals:
Terms of Office
Directors serve for staggered two-year terms. All Directors other than the President are restricted to term limits of four consecutive terms.
back to top