Michael Lindsay named IO president and CEO
Michael Lindsay has been appointed president and CEO of Infrastructure Ontario (IO) effective November 1.
Infrastructure Minister Laurie Scott made the announcement on September 18.
"I would like to congratulate Infrastructure Ontario's incoming President and CEO Michael Lindsay,” said Scott. “Michael has been a valued member of the IO executive and has extensive experience working in the private sector. I look forward to working with him in this key leadership role."
Lindsay, who currently serves as the president of project delivery at IO, takes over the top job from departing CEO Ehren Cory. Cory was due to leave the post in February, but agreed to extend his appointment to ensure executive continuity during the initial months of the COVID-19 pandemic.
"I would like to thank Ehren for his outstanding service to the people of Ontario," said Scott. "Ehren has been critical to ensuring that IO is well positioned to succeed on the next generation of infrastructure projects, including the hospitals, roads, courthouses and subway projects on the P3 Pipeline."
Lindsay’s experience includes work as global director of infrastructure planning and advisory at Hatch, where he helped governments create public-private partnerships (P3s). He also served as an associate principal with McKinsey & Company, where he was a core leader of the Canadian Public Sector Practice. He helped provincial and federal ministries reduce costs, improve service, and analyze the effectiveness of money spent on economic development and innovation.
"I look forward to taking on this role and continuing IO's support of Ontario's ambitious infrastructure agenda," said Lindsay.
Infrastructure Ontario is internationally recognized for its track record in successfully delivering large, complex projects. Its lending program has advanced more than $10 billion in affordable, long-term financing to municipalities, universities and other eligible public sector and non-profit organizations. IO also modernizes and enhances the government real estate portfolio through asset planning, facilities contract management, and real estate advisory services.