The Ontario Municipal Employees Retirement System Sponsors Corp. is appointing Laurie Hutchinson as its new chief executive officer, effective April 18, 2022.
In the new role, Hutchinson will be responsible for providing executive leadership and direction to the employees of the OMERS Sponsors Corp. and helping the board deliver on its key responsibilities, including determining the pension fund’s benefit levels and setting contribution rates.
“Ms. Hutchinson has spent her career working with defined benefit pension plans and helping to strengthen Canada’s retirement system through her leadership and participation with industry organizations, large pension plans and regulators,” said Frank Ramagnana, the OMERS Sponsors Corp.’s board chair, in a press release. “She will be a terrific addition to the SC executive team.”
Since 2014, Hutchinson has been a member of the OMERS administration corporation board, including as chair of its audit and actuarial committee. Additionally, she’s a founding developer of the certified governance program for trustees of pension and benefits plans offered by the International Foundation of Employee Benefit Plans. Previous roles include: human resources director at Prime Communications Canada Inc., HR manager at the Ontario Lottery and Gaming Corp., HR manager at Lowe’s Company Inc. and HR director for Canada at StarTek.
“I appreciate the confidence the SC Board has placed in me,” said Hutchinson, in the release. “I am committed to delivering results in the best interest of OMERS members, employers and sponsors and to working with the SC team and my OMERS administration Corp. colleagues to ensure the OMERS plan remains sustainable, affordable and meaningful for decades to come.”