John Alan MacNaughton (6 March 1945 – 15 February 2013) was a Canadian investment dealer. He was the
chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...
of the
Business Development Bank of Canada
The Business Development Bank of Canada (BDC; ) is a Crown corporations of Canada, Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing ...
and was the founding president and
CEO
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of the
Canada Pension Plan Investment Board
The Canada Pension Plan Investment Board (CPPIB; ), operating as CPP Investments (), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and h ...
.
Biography
MacNaughton was born in Exeter, Ontario to
Charles Steel MacNaughton (1911–1987) and Adeline Myrtle Willard Fulcher (1913–1997).
He left to study at the University of Western Ontario. MacNaughton was the
chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...
of the
Business Development Bank of Canada
The Business Development Bank of Canada (BDC; ) is a Crown corporations of Canada, Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing ...
and of the
CNSX
Canadian Securities Exchange (CSE; ), operated by CNSX Inc., is a stock exchange domiciled in Canada. When recognized by the Ontario Securities Commission in 2004, CSE was the first new exchange approved in Ontario in 70 years. The CSE is a rapi ...
stock exchange. He was a director of
Nortel
Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian Multinational corporation, multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario. It was founded in ...
Networks Corporation and Nortel Networks Limited. He was the chair of the Independent Nominating Committee of the new
Canada Employment Insurance Financing Board
The Canada Employment Insurance Financing Board (CEIFB) was a Crown corporation of the Government of Canada, created in 2008, that began its operations in 2010 and was dissolved in 2013. As a parent Crown corporation, under Part X of the Financial ...
.
He served as president and CEO of Burns Fry from 1989 to 1994 and president of Nesbitt Burns from 1994 to 1999. MacNaughton was also a director for TransCanada Corp.
He was the founding president and
CEO
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of the
Canada Pension Plan Investment Board
The Canada Pension Plan Investment Board (CPPIB; ), operating as CPP Investments (), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and h ...
from 1999 to 2005.
He was also a member of the
Trilateral Commission
The Trilateral Commission is a nongovernmental international organization aimed at fostering closer cooperation between Japan, Western Europe and North America. It was founded in July 1973, principally by American banker and philanthropist David ...
In 2004, he was made a Member of the Order of Canada for his "outstanding leadership in the financial services industry as well as in the voluntary and public sectors".
Death
MacNaughton died on February 15, 2013, at the age of 67 after a lengthy battle with cancer.
References
1945 births
2013 deaths
Canadian chairpersons of corporations
Canadian corporate directors
Canadian financiers
CPP Investment Board people
Directors of Nortel
Members of the Order of Canada
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