Terri Troy, CEO of the Halifax Regional Municipality Pension Plan, is retiring and will leave the company in October. She is the first and only CEO since he plan was established in 2006.
Until her departure, Troy will help assist with the transition to a new CEO. In accordance with its succession plan, the plan’s pension committee will undertake a nationwide executive search to fill the CEO role.
During Troy’s 11-year tenure, she oversaw the near doubling of the pension plan’s assets to C$1.8 billion ($1.4 billon) today from C$921 million in 2006. She is also credited with saving C$28 million in operating expenses for the pension plan during those 11 years.
Troy also helped enhance communications to members, including developing the first annual report, the member website, and satisfaction surveys. She also transferred the processing of plan member transactions from external consultants to an in-house dedicated team.