Robert Astley

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Robert Murray Astley
Born (1944-12-26) December 26, 1944 (age 80)
NationalityCanadian
EducationB.Sc. (Hons.), University of Manitoba
Occupation(s)Business executive, actuary
Known forChair of the Canada Pension Plan Investment Board
TitleFormer Chair, CPP Investment Board
Board member of Canada Pension Plan Investment Board
Bank of Montreal
HonorsFellow, Canadian Institute of Actuaries

Robert Murray Astley (born 26 December 1944), a Fellow of the Canadian Institute of Actuaries, was the chairman of the Canada Pension Plan Investment Board.

Contents

Biography

Astley has been a director of the CPP Investment Board since September 2006, and succeeded its Chairmen of the Board, Gail Cook-Bennett, effective October 2008. [1]

Astley is also a Director of the Bank of Montreal and chairman of its human resources and management compensation committee.

Astley was formerly the president of Sun Life Financial Canada, president and CEO of Clarica Life Insurance Company, chair of Canadian Life and Health Insurance Association. [2] In 2004 he was succeeded by Kevin Dougherty. [3] Astley is also a former Chair of Wilfrid Laurier University, a former member of the Dean’s Advisory Council, Laurier School of Business & Economics and a former Chair of the K-W Symphony.

Astley graduated from the University of Manitoba with an Honours degree in Science. [4]

Defamation suit

On May 31, 2011, the Toronto Star reported that Astley won $650,000 in a defamation suit against shareholder activist, Robert Verdun before the Ontario Superior Court of Justice. The court found that Robert Verdun had defamed Astley through repeated public accusations and writings, including emails, shareholder proposals, and a self-published book. The court also prohibited Verdun to publish any statements about Astley. [5] [6] [7]

References

  1. "CPP Investment Board – Robert Astley Named Next Chair of CPP Investment Board". Archived from the original on 2011-11-22. Retrieved 2012-01-28.
  2. "Board of Directors". CPP Investments. 2019-09-20. Retrieved 2020-03-01.
  3. https://archive.today/20130203111151/http://www.sunlife.com/Global/News+and+insights/News/News+releases/Archives/2004/Kevin+Dougherty+named+to+succeed+Bob+Astley+as+President+of+Sun+Life+Financial+Canada?vgnLocale=en_CA
  4. "Corporate Governance | Board of Directors". Bmo.com. Retrieved 2020-02-29.
  5. Tyler, Tracey (2011-05-31). "Bank director wins $650,000 in defamation suit against shareholder activist". thestar.com. Retrieved 2020-03-01.
  6. "Permanent gag order issued in defamation case brought by CPPIB chair | Financial Post". Business.financialpost.com. 2011-06-14. Retrieved 2020-02-29.
  7. "CanLII - 2011 ONSC 3651 (CanLII)". Archived from the original on 2016-02-03. Retrieved 2012-02-17.
Business positions
Preceded by CPP Investment Board Chairman
2008-present
Succeeded by
Business positions
Preceded by
Sun Life Financial Canada CEO
-2004
Succeeded by
Kevin Dougherty