Appointment of Chief Financial Officer and Treasurer

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The decision

2023-11-08 · Toronto City Council · amended

As filed

City Council on November 8 and 9, 2023, adopted the following: 1. City Council appoint Stephen Conforti to the position of Chief Financial Officer and Treasurer for the City of Toronto, with such appointment to be effective November 13, 2023, subject to written acceptance by the candidate, of the terms and conditions of a contract of employment offered by the City. 2. City Council authorize the City Manager to negotiate terms and conditions of employment with Stephen Conforti.

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3. City Council authorize the public release of the name and curriculum vitae summary of Stephen Conforti in Confidential Attachment 1 to the supplementary report (November 6, 2023) from the City Manager upon City Council's approval of the appointment. The following curriculum vitae summary for Stephen Conforti is now public: Curriculum Vitae Summary EMPLOYMENT HISTORY July 2019 - Present City of Toronto Interim Chief Financial Officer and Treasurer (July 2023 - Present Executive Director, Financial Planning (July 2019 - July 2023) July 2017 - July 2019 Toronto Transit Commission Head of Finance and Treasurer October 2006 - July 2017 City of Toronto Director, Financial Planning and Budgeting (July 2016 - July 2017) Manager, Financial Planning (September 2011 - July 2016) Senior Financial Planning Analyst (September 2007 - September 2011) Financial Planning Analyst (October 2006 - September 2007) May 2001 - October 2006 StrataFLEX Corporation Account Manager EDUCATION AND PROFESSIONAL DEVELOPMENT Bachelor of Commerce, Business Information Systems and minor in Business Law, Toronto Metropolitan University (formerly Ryerson), April 2001 City of Toronto's Executive Development Program, Niagara Institute, November 2015

On the agenda

As the city filed it

The purpose of this report is to bring forward a recommended candidate to City Council for the appointment of a Chief Financial Officer and Treasurer. The recruitment process to fill the Chief Financial Officer and Treasurer position will conclude in the very near future. The City Manager will submit a supplementary report in advance of the November 8 meeting of City Council with a confidential attachment that recommends the appointment of the candidate for the position of Chief Financial Officer and Treasurer.

Staff recommended

The City Manager recommends that: 1. City Council receive this report for information.

On the record

The item as the City filed it

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