Stephen Griggs Leaving OPTrust
Cites board interference as reason.
BY Benefits Canada Staff | April 25, 2012
Griggs joined OPTrust last June, but has since issued a statement complaining about interference from the pension’s board and criticizing board members for a lack of investment expertise.
“There were a number of incidents that made it very clear to me that the board was disagreeing with me on a number of important strategic and operational and people issues,” Griggs told the newspaper. “I’m sure they had their reasons for what they are doing, but after a number of difficult conversations it was clear it was time for me to leave.”