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CreateTO · 2024-03-08 · 2024.RA10.4

The filed record

CreateTO Executive Compensation Policy

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The decision

2024-03-08 · CreateTO · adopted

As filed

The Board of Directors of CreateTO: 1. Adopted the Executive Compensation Policy, as set out in Attachment 1, which had been developed in accordance with the City of Toronto's "Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations (Updated June 2023)".

On the agenda

As the city filed it

CreateTO is committed to its executive compensation being set in a transparent, accountable, and consistent manner that protects public interest while attracting, motivating, and retaining highly talented Executives to manage the organization while also demonstrating value for money to the CreateTO Board, the City of Toronto, and to taxpayers and ratepayers. This Executive Compensation Policy was developed in accordance

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with "Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations (Updated June 2023)".

Staff recommended

The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO: 1. Adopt Attachment 1 - Executive Compensation Policy, which has been developed in accordance with the City of Toronto's "Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations (Updated June 2023)".

    On the record

    The item as the City filed it

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