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Investors Board of Trustees

Our Board is comprised of highly respected, veteran business leaders across Canada.

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The leading position that we have achieved in a mere twenty years is due in part to the support and guidance we receive from our Board of Trustees and Senior Management. Their vision and values have helped RioCan achieve the success and respect that we are revered for.

Edward Sonshine, O.Ont., Q.C., Non-Executive Chairman of the Board of Trustees
RioCan Real Estate Investment Trust

Mr. Sonshine is the Founder and was Chief Executive Officer of RioCan Real Estate Investment Trust until March 31, 2021. Since April 1, 2021, he has served as Non-Executive Chairman of the Trust. He is a graduate of the University of Toronto and Osgoode Hall Law School. Mr. Sonshine is the Chairman of Chesswood Group Limited and a Director of Sinai Health System. Mr. Sonshine was a Director of Cineplex Inc. from 2010 to May 2020 and a Director of the Royal Bank of Canada from 2008 to 2017. In addition, Mr. Sonshine was Co-Chair of the annual campaign of the United Jewish Appeal and a member of the Top Gifts Cabinet of the United Way. Mr. Sonshine is also a past Trustee of the International Council of Shopping Centers. He was appointed Queens Counsel in 1983, a member of the Order of Ontario in 2011, and in 2013, he was honoured as Canada’s Outstanding Chief Executive Officer of the Year.

Paul Godfrey, C.M., O.Ont., Lead Trustee
Non-executive Chair
Postmedia Network Canada Corp

Mr. Godfrey is the non-executive Chair of Postmedia Network Canada Corp. Mr. Godfrey has been a Trustee of the Trust since December 1993. He was President and CEO of the National Post from 2009 to 2010; President and CEO of Postmedia Network from 2010 to 2017, Executive Chairman and CEO of Postmedia Network from 2017 to 2019 and Executive Chairman from 2019 to 2020. From 2000 to 2008, Mr. Godfrey was President and CEO of the Toronto Blue Jays Baseball Club. Mr. Godfrey was appointed Chair of the Ontario Lottery and Gaming (OLG) from 2010 to 2013. From 1991 to 2000, Mr. Godfrey was President and CEO of Sun Media Corporation and its predecessor, The Toronto Sun Publishing Corporation, and from 1984 to 1991 he was the Publisher and CEO of The Toronto Sun. Mr. Godfrey also served as the Chairman of the Municipality of Metropolitan Toronto from 1973 to 1984. Mr. Godfrey serves as a Director of Cargojet Inc., Bragg Gaming Group Inc., and as Vice Chair of the Baycrest Centre for Geriatric Care. Throughout his career, Mr. Godfrey has been a pillar in the Canadian business community earning the respect of his peers and other participants in the capital markets. He has in depth knowledge of each of the six major markets in which RioCan operates, stemming from his ability to successfully navigate business operations in those locations over many years and building up a credible reputation with many of the key market players in each. In 1999, Mr. Godfrey was made a member of the Order of Canada and, in 2010, Mr. Godfrey was appointed to the Order of Ontario, further bolstering the numerous accolades of RioCan’s Lead Trustee.

  • Nominating and Environmental, Social and Governance Committee
  • Investment Committee

Bonnie Brooks, C.M., Executive Chair of the Board of Directors of Chico’s FAS Inc.
Board Member, Rogers Communications Inc.
Former CEO & President, Hudson’s Bay Company and Chico’s FAS Inc.

Ms. Brooks is the Executive Chair of the Board of Chico’s FAS Inc., a USA based publicly traded company. She served as the President and Chief Executive Officer of Chico’s FAS Inc. from July 2019 until June 2020 and has more than 30 years of experience in the retail sector across all Canadian markets and internationally. From 2008 to 2016, Ms. Brooks held leadership roles at Hudson’s Bay Company including CEO, President and Vice Chair. From 2008 to 2012, she was CEO and President of HBC Canada, from 2012 to 2014, she was President of HBC Canada and USA, and from 2014 to 2016, she served as Vice Chairman of Hudson’s Bay Company (Saks Fifth Avenue, Lord and Taylor USA, Kaufhof Germany and Hudson’s Bay Canada). Ms. Brooks has been a Trustee of the Trust since June 2013. From 1997 to 2008, Ms. Brooks served as an executive officer, including as President, of the Lane Crawford Joyce Group based out of Hong Kong with over 500 Asian retail locations. Prior to that, she served as Executive Vice President at Holt Renfrew in Canada. Ms. Brooks is a director of Rogers Communications Inc. and Chico’s FAS Inc., and a former director of Abercrombie and Fitch USA, Empire (Sobey’s) Ltd. and Indigo Books in Canada. She served on the Federal Finance Minister’s Economic Advisory Board and the Ontario Provincial Jobs and Prosperity Board. Ms. Brooks has a Master of Business Administration degree from the University of Western Ontario and holds three honorary Doctorate Degrees. She was awarded the Queen’s Diamond Jubilee medal for her philanthropic work and in 2016 was appointed to the Order of Canada.

  • Nominating and Environmental, Social and Governance Committee
  • Investment Committee

Richard Dansereau, President and Global Head of Fiera Real Estate

With over 35 years of experience in the real estate industry, Mr. Dansereau is currently President and Global Head of Fiera Real Estate in Toronto. Prior to joining Fiera in February 2021, he was Managing Director of the Investment Management Division of Stonehenge NYC for 11 years, responsible for asset management and business partnerships and development. Prior to that, he held executive positions at Cadim, the real estate division of Caisse de dépôt et placement du Québec, and Canadian Real Estate Investment Trust. Mr. Dansereau has been a Trustee of the Trust since May 2018. Over his career, Richard has been involved in all aspects of real estate in most major markets throughout Canada, USA, Western Europe and Asia. Mr. Dansereau is a graduate of the Business School of the University of Montreal and has served his community through his involvement in charitable organizations that assist children in need.

  • Audit Committee
  • People, Culture and Compensation Committee (Committee Chair)

Janice Fukakusa, Chancellor, Ryerson University and Corporate Director
Chair, Princess Margaret Cancer Foundation

Ms. Fukakusa is The Chancellor of Ryerson University, and Corporate Director. She joined RioCan’s board upon election on May 26th, 2021. She was formerly the Chief Administrative Officer and Chief Financial Officer of Royal Bank of Canada, from which she retired in January 2017 following a distinguished 31-year career. Ms. Fukakusa currently serves on the boards of a number of corporate and not-for-profit organizations, including serving as the Chair of The Princess Margaret Cancer Foundation. She was inducted into Canada’s Most Powerful Women Hall of Fame and previously selected as Canada’s CFO of the Year by Financial Executives Canada, PwC and Robert Half. In 2016, she was named one of the 25 Most Powerful Women in Banking by American Banker magazine for the fourth consecutive year. Ms. Fukakusa holds the professional designation of Fellow Chartered Professional Accountant (FCPA and CPA). She obtained a Bachelor of Arts from University of Toronto and a Master of Business Administration from Schulich School of Business, and in 2016 was awarded an Honorary Doctorate of Laws from York University.

  • Audit Committee
  • People, Culture and Compensation Committee

Jonathan Gitlin, President and Chief Executive Officer
RioCan Real Estate Investment Trust

Jonathan Gitlin is President and Chief Executive Officer at RioCan Real Estate Investment Trust, where he leads the Trust’s major market strategy to evolve Canada’s most adaptable portfolio and drive unitholder value. Mr. Gitlin succeeded Edward Sonshine effective April 1st, 2021. Mr. Gitlin has held various positions within RioCan since joining in 2005. Prior to joining RioCan, Mr. Gitlin was a real estate lawyer at McCarthy Tétrault LLP from 1999 to 2005. Mr. Gitlin graduated from Osgoode Hall Law School in 1998, and also holds a Bachelor of Arts from Western University, Canada. Mr. Gitlin is active in the community and among others, is currently a Director of Sinai Health Foundation.

Dale H. Lastman, C.M., O.Ont., Chair and Partner, Goodmans LLP

Mr. Lastman is the Chair and a partner at Goodmans LLP. He practices corporate, commercial and securities law and provides counsel in connection with public offerings, mergers and acquisitions, and business restructurings. He has been a trustee of the Trust since June 2004. He is a Director of Maple Leaf Sports & Entertainment Ltd. and Roots Corporation, and is also Alternate Governor for the NHL and NBA. In 2019, Mr. Lastman was elected Chair of the Board of Governors of the CFL. He also serves as the Governor representing the Toronto Argonauts in the CFL. He was appointed Chair of the Baycrest Board of Directors in 2018 and also serves as an honorary trustee of the Hospital for Sick Children. Mr. Lastman is a Member of the Order of Canada and Order of Ontario. He has also been appointed by the Minister of National Defence as an Honorary Captain of the Royal Canadian Navy and awarded the rank of an Honorary Detective by the Toronto Police Service.

Jane Marshall, Trustee, Plaza Retail REIT
Former COO Choice Properties REIT

Jane Marshall has more than 30 years of experience in real estate management, particularly with food and retail companies. Ms. Marshall is a Trustee and Chair of the Investment Committee at RioCan. Most recently, Ms. Marshall was the CEO of GoodLeaf Farms, where she led the development of the company’s first automated vertical farm, and the sale of an interest to a global food company. Previously, Ms. Marshall served as Chief Operating Officer of Choice Properties REIT, a publicly traded REIT, majority owned by Loblaw Companies Ltd., and she played a key role in its IPO. Ms. Marshall also served as Executive Vice-President of Loblaw Properties and Business Strategy and was responsible for the acquisition, development, construction and management of its portfolio of more than 65 million square feet of owned retail, warehouse and office space as well as all its leased locations. Ms. Marshall led Loblaws’ acquisition of T&T Supermarkets and the purchase and comprehensive redevelopment of Maple Leaf Gardens (MLG). Ms. Marshall was appointed to the Board of Plaza REIT in 2019. Ms. Marshall also holds the ICD.D designation of the Institute of Corporate Directors and is an active investor and advisor in start-ups.

  • People, Culture and Compensation Committee
  • Nominating and Environmental, Social and Governance Committee
  • Investment Committee (Committee Chair)

Siim A. Vanaselja, Director & Chair of the Board of TC Energy Corporation
Director of Power Corporation
Director of Great-West Lifeco Inc.

Mr. Vanaselja is a Corporate Director who served as the Executive Vice-President and Chief Financial Officer of BCE Inc. and Bell Canada, from 2001 to 2015. Prior to joining BCE Inc., he was a Partner with KPMG Canada in Toronto. Mr. Vanaselja is a director and the Chair of TC Energy Corporation, a director of Power Corporation and a director of Great-West Lifeco Inc. Mr. Vanaselja has been a Trustee of the Trust since May 2017. Mr. Vanaselja served as a director and Chair of the Audit Committee of Maple Leaf Sports & Entertainment Ltd. He also served on the Finance Minister’s Federal Advisory Committee on Financing, Moody’s Council of Chief Financial Officers, the Corporate Executive Board’s Working Council for Chief Financial Officers as well as the Conference Board of Canada’s National Council of Financial Executives. Mr. Vanaselja is a Fellow of the Chartered Professional Accountants of Ontario, a member of the Institute of Corporate Directors and holds an Honours Bachelor of Business Administration degree from the Schulich School of Business. His community involvement has included Big Brothers Big Sisters, St. Mary’s Hospital Foundation, the Heart and Stroke Foundation and the annual Walk for Kids Help Phone.

  • Audit Committee (Committee Chair)
  • People, Culture and Compensation Committee

Charles Winograd, President, Winograd Capital Inc.

Mr. Winograd is Senior Managing Partner of Elm Park Capital Management, a mid-market lending limited partnership. He is also President of Winograd Capital Inc., an external consulting and private investment firm. Mr. Winograd retired from RBC Capital Markets in December 2008, where he was Deputy Chairman from 1996 to 1998, President and Chief Operating Officer from 1998 to 2001, and President, or Chairman, and Chief Executive Officer from 2001 to 2008. Mr. Winograd began his career at Richardson Securities in 1971 as an investment analyst and had several progressively senior positions with Richardson Greenshields and predecessor companies, becoming President and Chief Executive Officer in 1987 and Chairman and Chief Executive Officer in 1991 until it merged into RBC Dominion Securities in 1996. Mr. Winograd is Director and Chairman of TMX Group Limited, Director of James Richardson and Sons Limited and KEV Group and Lead Director of Spin Master Corporation. Mr. Winograd is a Director of Sinai Health System. He is also a Management Advisor with RP Investment Advisors and was on the Advisory Council for Promoting Women on Boards. Mr. Winograd has been a Trustee of the Trust since February 2009. Mr. Winograd is past Chairman of the Investment Dealers Association of Canada. Mr. Winograd received his MBA from the University of Western Ontario in 1971 and earned a Chartered Financial Analyst (CFA) designation in 1979.

  • Nominating and Environmental, Social and Governance Committee (Committee Chair)
  • Investment Committee

Communicating with the Board of Trustees

If you are interested in communicating directly with the Chairman of the Board of Trustees, please email chair@riocan.com.