Institute of Chartered Accountants of Ontario elects 2007-2008 governing Council

Three new members join; Council membership includes strong regional representation

Toronto (June 21, 2007) – The Institute of Chartered Accountants of Ontario announced the election of its 2007-2008 governing Council at its Annual General Meeting on June 20. Eight members were either elected or re-elected to the Council, including three new members from the Greater Toronto Area.

The 2007 – 2008 Executive Group members are:

Chair – Keith Farlinger
Vice Chair – Gerald Mills
Council Finance Committee Chair – Gregory Gallant
Council Bylaws Review Committee Chair – Bonnie Foster
Council Membership Committee Chair – John Friday
Executive Member-at-Large – Robert Scullion
Public Representative - D’Arcy Delamere

The three newly elected members of the Institute’s 16-member governing Council for a two-year term are:

Mary Lou Maher, CA, Chief Financial Officer, KPMG LLP, Toronto
Isabel Meharry, CA, President & CEO, Financial Executives International Canada, Toronto
Gino Scapillati, CA, Partner, PricewaterhouseCoopers LLP, Toronto

Members re-elected to the Institute’s Council for a two-year term commencing 2006-2007 are:

James Barnett, FCA, Director, School of Accountancy, University of Waterloo
Keith Farlinger, FCA, Toronto Region Managing Partner, BDO Dunwoody LLP
Bonnie Foster, FCA, Partner, Ross Pope & Company, Timmins
Gerald Mills, FCA, Senior Partner, Collins Barrow KMD LLP, London
Linda Thibeault CA, Senior Audit Manager, Kendall Sinclair Finch Pigden Cowper & Thibeault LLP, North Bay

The other elected members of Council, whose two-year terms continue until the end of the 2007-2008 year, are:

Marrianne Bridge, CA, Manager, Compliance, Capital Markets of the Ontario Securities Commission, Toronto
Julie Bertoia, CA, Head of Accounting Policy, Head Office Centric, RBC Financial Group, Toronto
Garry Foster, FCA, Partner, Deloitte & Touche LLP, Toronto
John Friday, FCA, Director, Management Services, Children's Centre Thunder BayGregory Gallant, CA, Partner, Grant Thornton LLP, Toronto Richard Johnston, FCA, Partner, Johnston Beaudette, Cornwall
Bruce McConomy, CA, Associate Professor, Wilfrid Laurier University, Waterloo
Robert Scullion, Partner, Ernst & Young LLP, Toronto

The Ontario government also appoints four public representative positions to the Council. They are D’Arcy Delamere, Tim Kennish, Dina Palozzi and Dr. James Young.

"The CA profession is in the forefront of our province’s booming economy, with unprecedented opportunities, challenges and demands," said Brian Hunt, FCA, President and CEO of the Institute. “Our renewed Council brings together top Chartered Accountants with a wide range of experience and expertise. We believe this team will help further build and strengthen the CA designation and our profession’s contribution to Ontario’s prosperity.”

The Council boasts a cross-section of business and community leaders from communities across Ontario, including Cornwall, Hamilton, London, Mississauga, North Bay, Oakville, Thunder Bay, Timmins, Toronto and Waterloo.

About the Institute of Chartered Accountants of Ontario:

The Institute of Chartered Accountants of Ontario is the qualifying and regulatory body of Ontario's more than 32,000 CAs and 4,000 CA students. Since 1879, the Institute has protected the public interest through the CA profession's high standards of qualification and the enforcement of its rules of professional conduct. Recognized internationally, the CA designation denotes financial expertise, strategic thinking, business insight and leadership. The Institute website is: www.icao.on.ca and the student website is www.ca2b.biz.

For more information, please contact:

Perry Jensen
The Institute of Chartered Accountants of Ontario
69 Bloor St. East Toronto, Ontario M4W 1B3
416-969-4271 or 1-800-387-0735 ext. 271
pjensen@icao.on.ca