The Canada Pension Plan Investment Board has made a number of senior executive changes and appointments.
Neil Beaumont will join the pension fund as senior managing director and chief financial and risk officer, effective July 24. He has worked at BHP Billiton Ltd. since 2011, most recently as a vice-president.
Beaumont will replace Benita Warmbold, who will retire on Aug. 31, as the CPPIB announced in January.
Read: Benita Warmbold to retire as CFO of CPPIB
After 12 years with the CPPIB, Graeme Eadie will step back from his role as global head of real assets, effective July 15. He’ll continue to work with the organization in a general management role with a focus on investment approval processes. Prior to joining the CPPIB in 2015, Eadie held multiple roles, including chief financial officer, chief operating officer and president at Cadillac Fairview Corp Ltd.
Ed Cass takes on the role of senior managing director and global head of real assets as of July 15. With more than 25 years of investment experience, including senior positions at Deutsche Bank Canada and TD Securities Inc., Cass has been with the CPPIB since 2008.
Read: Two new members appointed to CPPIB board
“These appointments demonstrate the deep pool of world-class talent we have at CPPIB, and reflect our succession planning and ability to recruit top talent to support the growth and evolution of the CPP fund,” said Mark Machin, president and chief executive officer at the CPPIB.
“I’d like to thank Graeme and Benita for their important contributions to CPPIB. We are very pleased that Graeme will continue to provide valuable guidance and continuity to the organization, and wish Benita all the best as she continues her active involvement on boards in the corporate, health-care and education sectors upon her retirement from CPPIB.”