Annesley Wallace, the new CEO of Healthcare of Ontario Pension Plan (HOOPP), has initiated a significant leadership reshuffle, appointing Linda Halley as chief risk officer and promoting three other senior staff. This move follows the departures of Saskia Goedhart (former CRO) and Tim Shortill (COO). The changes are part of a new strategic plan under Wallace, who took over in April, aiming to nurture talent, increase audiences, promote diversity, and expand touring for the $123-billion pension fund that serves nearly 479,000 members in Ontario's health care sector.
New Healthcare of Ontario CEO shakes up pension plan’s top leadership
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TL;DR: Key points with love ❤️Annesley Wallace, the new CEO of Healthcare of Ontario Pension Plan (HOOPP), has initiated a significant leadership reshuffle, appointing Linda Halley as chief risk officer and promoting three other senior staff. This move follows the departures of Saskia Goedhart (former CRO) and Tim Shortill (COO). The changes are part of a new strategic plan under Wallace, who took over in April, aiming to nurture talent, increase audiences, promote diversity, and expand touring for the $123-billion pension fund that serves nearly 479,000 members in Ontario's health care sector.
- 1 Two years ago: Annesley Wallace left OMERS.
- 2 April: Annesley Wallace took over as HOOPP CEO.
- 3 June: Reena Carter hired as CFO.
- 4 Last year: HOOPP earned a 9.7-per-cent return on its investments.
- 5 Wednesday (July 9): HOOPP announced new chief risk officer and promotions.
- 6 July 9, 2025: Article published.
- 7 August 1: Reena Carter starts as CFO.
- Changes in HOOPP's executive leadership team
- New strategic direction for the pension fund
- Departures of key personnel (former CRO and COO)
- Expansion of membership to include self-employed doctors
What: The new CEO of Healthcare of Ontario Pension Plan (HOOPP), Annesley Wallace, has reshuffled the fund's top leadership, appointing a new chief risk officer and promoting other senior staff.
When: Wednesday (announcement), April (Wallace took over as CEO), June (Carter hired), August 1 (Carter starts as CFO), two years ago (Wallace left OMERS), five years (Wendling led HOOPP), last year (HOOPP earned 9.7% return), past decade (7.5% annual return), July 9, 2025 (published date).
Where: Ontario, Calgary (TC Energy Corp).
Why: To implement a new strategic plan for HOOPP under the new CEO, Annesley Wallace, following the retirement of her predecessor, Jeff Wendling.
How: The new CEO appointed new executives and reshuffled responsibilities of existing senior staff, including adding new oversight areas to current roles.