The Ontario Pension Board is appointing Joanna Carson as chief financial officer, effective Nov. 10. In the role, she’ll oversee the OPB’s corporate finance, procurement, enterprise risk management and pension payroll functions. Carson will take over the role from Armand de Kemp, who’s retiring this year. Read: OPB appointing Andrew Tambone as CIO She previously […]
The Canada Pension Plan Investment Board is acquiring an additional 25 per cent stake in the environmental services division of FCC Servicios Medio Ambiente Holding S.A.U. The deal will see the CPPIB pay $1.6 billion for the increased interest, which will see it increase its stake to 49.99 per cent. “Increasing our stake in FCC […]
How the corporate cash mountain is killing the economy.