Kathy Milsom will be Toronto Community Housing’s next President and Chief Executive Officer.
Bud Purves, Chair of the Toronto Community Housing (TCHC) Board of Directors, announced today that Milsom will join the company on September 5, 2017. An experienced and results-oriented business executive and corporate director, Milsom brings 35 years of professional experience to her new role.
Purves also announced that he will leave the Board following its September 28 meeting, stepping down after seven years as Chair.
Kevin Marshman, who is currently TCHC’s Interim President and CEO, will assist Milsom with her transition, then return to the Board. Marshman will serve as Interim Board Chair pending City Council approval of a permanent Chair.
“After an extensive global search, the Board has found the best candidate in Kathy Milsom and we are delighted to have her join Toronto Community Housing as our new President and CEO. Throughout her career, Kathy has been a positive agent of change in complex organizations, and has a solid record of success in the private sector and all three levels of government. She brings exceptional expertise in real estate development, housing operations and management, property acquisition and sales, and strategic partnerships.
“Having served as Board Chair for seven years, I believe the time is right for renewal and growth. Now that the Board has recruited an outstanding President and CEO in Kathy Milsom, the time is right to make way for new leadership who can sustain the momentum for the transformational changes that will make Toronto Community Housing a better landlord that delivers better outcomes for tenants.”
—Bud Purves, Chair, TCHC Board of Directors
“Kathy Milsom is a great fit to lead Toronto Community Housing during this period of organizational change and renewed focus on tenants. As an experienced leader in both the public and private sectors, I know she will work to improve the lives of tenants while delivering better financial and operational performance, ultimately making the corporation sustainable.
“I want to thank Bud Purves for his dedicated service to Toronto Community Housing and its tenants. Under his leadership, the TCHC Board has driven important changes to strengthen governance, transparency and oversight at the company. He is leaving the company in good hands with a clear path to improving housing and services for tenants and to financial sustainability.
“I would also like to thank Kevin Marshman for stepping into the role of interim CEO over the last four months. He’s done exceptional work over this period of transition for the company and I am pleased he is returning to the TCHC Board.”
—Toronto Mayor John Tory
“I look forward to working with Kathy Milsom as the City and Toronto Community Housing develop innovative solutions to generate new investments to protect and preserve the city’s social housing stock, build partnerships to deliver better services and supports to tenants, and create safe, vibrant communities where people of all ages and abilities can thrive.
“I also want to thank Bud Purves for his support of Toronto Community Housing’s tenants and communities, and his efforts to drive changes that have improved Toronto Community Housing’s ability to deliver its mandate.”
—Ward 18 Councillor Ana Bailão, Council’s Housing Advocate
“I appreciate the confidence the Board of Directors is placing in me to make a meaningful difference in the lives of people who call Toronto Community Housing their home. I look forward to engaging tenants and key stakeholders, and working with the skilled and committed team at TCHC to transform Toronto Community Housing into a service-oriented and responsive landlord for its tenants, and an organization the entire city can be proud of.”
—Kathy Milsom, new TCHC President and CEO