Toronto Community Housing board hires Gene Jones as president and chief executive officer

Toronto Community Housing board hires Gene Jones as president and chief executive officer

May 07, 2012

TORONTO, May 7, 2012�Eugene E. (Gene) Jones, Jr. will be the new president and chief executive officer of Toronto Community Housing.

Bud Purves, chair of Toronto Community Housing�s board of directors, today announced the board�s decision to hire Jones, who has led transformational changes at several U.S. housing agencies during a distinguished career in public housing administration that has spanned nearly three decades. Jones is currently executive director of the Detroit Housing Commission.

Jones will join Toronto Community Housing on June 18, 2012.

Quotes

�The board is committed to making Toronto Community Housing a landlord of excellence. We conducted an international search to find the best person to lead the company in setting a strategic course for improving the company�s performance within a challenging fiscal and public environment. We found the right person in Gene Jones.�

�Gene�s experience in turning around troubled social housing agencies will be extremely beneficial to tenants, staff, our shareholder the City of Toronto, and all stakeholders of Toronto Community Housing. �Gene knows the business of social housing, he knows how to drive change and improvement, and he is absolutely committed to tenants.

�Wherever Gene has worked, he has motivated staff to overcome obstacles to success, and developed strong partnerships with multiple stakeholders. �Gene�s talents, leadership and passion for social housing are exactly what Toronto Community Housing needs. That�s what made him the board�s unanimous choice.�

�We thank Len Koroneos for his dedicated service as interim CEO over the past 14 months, while also continuing as CFO. Len has done an outstanding job in this dual role, which he has agreed to continue in to assist with the transition until Gene arrives.�

�Bud Purves, chair, board of directors, Toronto Community Housing

Key Facts

Gene Jones

  • Has led housing agencies in Detroit, Indianapolis, and Kansas City (Missouri)
  • Senior executive with the San Francisco Housing Authority and the U.S. Department of Housing and Urban Development
  • Led turnarounds of several troubled U.S. public housing agencies�
  • Worked on New Orleans recovery after Hurricane Katrina�

About Toronto Community Housing

Toronto Community Housing (www.torontohousing.ca) is Canada's largest social housing provider and home to more than 164,000 tenants with low and moderate incomes�about six per cent of Toronto's population. Toronto Community Housing and its subsidiaries employ 1,400 staff in a broad range of jobs, who deliver its mission to provide affordable housing, connect tenants to services and opportunities, and work together to build healthy communities.

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Media contact: � �

Sinead Canavan, 416-981-4346, sinead.canavan@torontohousing.ca