January 02, 2014
Eileen Mercier, Chair, Ontario Teachers' Pension Plan (Teachers'), is pleased to announce the appointment of Ron Mock as President and Chief Executive Officer. He replaces Jim Leech, who has retired after six years at the helm and 12 years at Teachers'.
Mr. Mock joined Teachers' in 2001 and has more than 25 years of international experience in investments and finance. Most recently, as Senior Vice-President, Fixed Income and Alternative Investments, he was responsible for $60 billion of Teachers' assets, including the policy mix in fixed income, credit investing, hedge fund activities and fixed income investments in emerging markets.
Until his appointment as President and CEO, Mr. Mock was a board member of The Cadillac Fairview Corporation Limited, the pension plan's commercial real estate subsidiary. He is also a former board member of Maple Financial Group and Cordiant Capital.
Mr. Mock has previously worked at investment dealer Burns Fry (now BMO Nesbitt Burns) and also held the firm's membership seat on the Chicago Board of Trade and other exchanges, including the Montreal Exchange in the early 1990s. He was the founder and CEO of Phoenix Research and Trading, a hedge fund management company. Mr. Mock earned a B.A.Sc. in Electrical Engineering from the University of Toronto and an MBA from York University.
With more than $130.0 billion in net assets, Teachers' is the largest single-profession pension plan in Canada. An independent organization, it invests the pension fund's assets and administers the pensions of 303,000 active and retired Ontario teachers.