OMERS’ CEO retires, successor appointed

The Ontario Municipal Employees’ Retirement System (OMERS) has appointed Blake Hutcheson as its new CEO, effective June 1, 2020.

Hutcheson is currently president and chief pension officer, and will succeed Michael Latimer, who is retiring after two decades with OMERS, the last six years as CEO, on May 31, 2020. The transition will commence in early January.

“The board is very confident in Blake’s leadership, given his track record in building strong relationships, successful global organizations, showing great investment judgement and understanding all aspects of OMERS and its vast stakeholder group,” said George Cooke, chair of the OMERS administration corporation board of directors. “His proven motivational style and distinguished career is exemplary, as is his commitment to the future of OMERS.”

Under Latimer’s leadership as CEO, OMERS assets have grown from C$65 billion ($50 billion) to well over C$100 billion ($77 billion), growth of more than