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Medical Facilities Corporation Announces Board Retirement and Appointment
Medical Facilities Corporation Announces Board Retirement and Appointment TOR...
About this update from Medical Facilities Corporation
[{"type":"text","content":"\n \n \n \n Medical Facilities Corporation Announces Board Retirement and Appointment\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n TORONTO\n \n ,\n \n Dec. 17, 2020\n \n /CNW/ - Medical Facilities Corporation (\"Medical Facilities,\" \"MFC,\" or the \"Corporation\") (TSX: DR) today announces the retirement of\n \n Marilynne Day-Linton\n \n from the Board of Directors of the Corporation (the \"Board\") and appointment of\n \n Lois Cormack\n \n as an independent member of the Board, effective immediately.\n \n \n Ms. Day-Linton has been an independent member of the Board since 2013. She served as Chair of the Board from 2016 to 2019, and as member of the Audit Committee since 2013, which she chaired until 2016, the Corporate Governance, Nominating and Compensation (\"CGNC\") Committee since 2013 and the Investment Committee since 2017.\n \n \n \"Marilynne's guidance has been invaluable to MFC. The Board has benefited from Marilynne's deep financial expertise and strong governance acumen, and has valued her leadership and insights in shaping and building MFC's leadership team. We thank Marilynne for her contributions and service and wish her the very best,\" said\n \n Jeffrey Lozon\n \n , Chair of the Board of Medical Facilities.\n \n \n \"We are pleased to welcome\n \n Lois Cormack\n \n to our Board. Lois brings close to 30 years of relevant sector experience, spanning strategic planning, operations management, and governance. We look forward to Lois' fresh and unique perspectives,\" concluded Mr. Lozon.\n \n \n Ms. Cormack is an accomplished leader with extensive experience in healthcare and seniors living, real estate, and capital markets. In 2014 and 2015, she was named to the PROFIT W100 as one of\n \n Canada's\n \n top female entrepreneurs. Previously, she was President, CEO and director of Sienna Senior Living, President of Specialty Care Inc., and held other senior leadership roles in the health care and seniors' living sectors.\n \n \n Ms. Cormack currently serves on the Board of Trustees at Allied Properties REIT. She also previo...