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Bank of Montreal (BMO.TO)

BMO.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

J. Robert Prichard

70 2012 Independent Non-Executive Chairman of the Board

Darryl White

47 2018 Chief Executive Officer, Director

Thomas Flynn

2013 Chief Financial Officer

David Casper

President and Chief Executive Officer, BMO Harris Bank N.A. and Group Head - Commercial Banking

Cameron Fowler

2017 President - North American Personal and Business Banking

Gilles Ouellette

2018 Chairman of the Board, BMO Nesbitt Burns, Group Head, BMO Asset Management and Vice-Chair, International, BMO Financial Group

Jean Ares

2013 Chief Technology and Operations Officer

Simon Fish

2013 General Counsel

Patrick Cronin

2018 Chief Risk Officer, BMO Financial Group

Catherine Roche

2017 Head, Marketing and Strategy

Joanna Rotenberg

2016 Group Head, BMO Wealth Management

Janice Babiak

61 2012 Independent Director

Sophie Brochu

55 2011 Independent Director

Craig Broderick

59 2018 Independent Director

George Cope

57 2006 Independent Director

Christine Edwards

66 2010 Independent Director

Martin Eichenbaum

64 2015 Independent Director

Ronald Farmer

68 2003 Independent Director

David Harquail

62 2018 Independent Director

Linda Huber

60 2017 Independent Director

Eric La Fleche

57 2012 Independent Director

Lorraine Mitchelmore

56 2015 Independent Director

Philip Orsino

63 1999 Independent Director

Don Wilson

71 2008 Independent Director

Biographies

Name Description

J. Robert Prichard

Mr. J. Robert S. Prichard serves as Independent Non-Executive Chairman of the Board of Bank of Montreal. Mr. Prichard is Chairman of the Board of Bank of Montreal, having been appointed to this position effective March 20, 2012. He is the non-executive Chair of Torys LLP, a Canadian law firm. Before joining Torys LLP in September 2010, he served as President and Chief Executive Officer and a Director of Metrolinx. From 2011 until 2018 he served as its Chairman. Metrolinx is the regional transportation agency and operator for the Greater Toronto and Hamilton Area. Mr. Prichard also served as President and Chief Executive Officer of Torstar Corporation, a leading Canadian media company from 2002 – 2009. Mr. Prichard is President Emeritus of the University of Toronto where he served as President from 1990-2000 and previously served as dean of law and as a professor specializing in law and economics. He also serves as a Trustee of the Hospital for Sick Children. He studied honours economics at Swarthmore College, received his M.B.A. from the University of Chicago and earned law degrees at the University of Toronto and Yale University. He is an Officer of the Order of Canada, a Member of the Order of Ontario, a Fellow of the Royal Society of Canada, and a Fellow of the Institute of Corporate Directors.

Darryl White

Mr. Darryl White serves as Chief Executive Officer, Director of the Company. He was appointed as the Chief Executive Officer of BMO Financial Group in 2017. He is a director of BMO Financial Corp., the bank’s U.S. holding company. He is a member of the Ottawa-based Business Council of Canada and Washington, D.C.-based The Business Council. He also serves as a member of the Mayor of Beijing’s International Business Leaders Advisory Council. He is a member of the Catalyst Canada Advisory Board and is a past member of the Advisory Council of Women in Capital Markets. Mr. White has strong ties to United Way Centraide. In 2018, he became Co-Chair of the Inclusive Local Economic Opportunity Roundtable, a partnership between BMO and United Way Greater Toronto that brings together business and community leaders to develop approaches to reduce economic disparity in the region. Mr. White is a director of the National Hockey League’s Montreal Canadiens and serves as a director of Unity Health Toronto that includes St. Michael’s Hospital, St. Joseph’s Health Centre and Providence Healthcare. Mr. White is a graduate of the University of Western Ontario’s Ivey Business School, and has completed the Advanced Management Program at the Harvard Business School.

Thomas Flynn

Mr. Thomas E. Flynn, CPA., is Chief Financial Officer of the Company. Mr. Flynn joined BMO Financial Group in 1992 and served in a number of roles within the BMO Capital Markets business, including Head of the Financial Services Corporate and Investment Banking Group. He was named Executive Vice-President Finance and Treasurer of the Bank in 2004 and served as Executive Vice-President and Chief Risk Officer from March 2008 until March 2011, when he was appointed Chief Financial Officer. In this role, he is responsible for financial governance and reporting, treasury and capital management, corporate development, investor relations, taxation and corporate communications across the Bank of Montreal group of companies. Mr. Flynn serves on the board of Sunnybrook Health Sciences Centre and is a member of the campaign leadership cabinet for the United Way of Greater Toronto. Mr. Flynn has an Honours BA in Business Administration, an MBA from the Ivey School of Business at Western University, and is a FCPA, FCA.

David Casper

Mr. David R. Casper serves as President and Chief Executive Officer, BMO Harris Bank N.A. and Group Head - Commercial Banking of Bank Of Montreal. Mr. Casper is responsible for the overall performance of BMO Harris Bank N.A. and its subsidiaries, and for representing the bank within the business and civic community. He also leads the growth strategy for the commercial banking business and is accountable for the bank’s North American Treasury & Payments Solutions group. In his most recent role, Mr. Casper led the commercial banking business for BMO Harris Bank as Executive Vice-President and Head of Commercial Banking. Prior to that, from 2006 to 2010, Mr. Casper served as Executive Managing Director and Co-Head, Investment & Corporate Banking U.S. for BMO Capital Markets. In this role, he was responsible for coordinating the investment and corporate banking activities of the U.S. industry sector and product groups. Mr. Casper began his career with BMO Financial Group working at Harris Bank in Chicago. After rising through a series of increasingly responsible roles in 1994, he was appointed to lead the corporate banking business in the Midwest. In 1997, he joined BMO Capital Markets, where his primary focus was on mergers and acquisitions, private and public capital raising and general advisory services. From 2003 to 2006, he was Managing Director, Head of Financial Sponsors for the Investment and Corporate Banking group in the U.S. Mr. Casper received a Masters of Management Degree from Kellogg Graduate School of Management at Northwestern University and a BA (AB) from Dartmouth College. He currently serves on the board of directors for the Chicago Public Library Foundation, the Chicago Botanic Garden, the Ounce of Prevention Fund, the United Way of Greater Chicago and Northwestern Medical Group.

Cameron Fowler

Mr. Cameron Mcaskile Fowler serves as President - North American Personal and Business Banking of the Company, Mr. Fowler serves on the board of directors of CivicAction and the Centre for Addiction and Mental Health Foundation (CAMH). He is Co-Chair of the Major Banks Campaign for the United Way of Greater Toronto and has served as past chair of the Executive Council of the Canadian Bankers Association and past chair of Moneris Solutions and the Enbridge Ride to Conquer Cancer. He is a past recipient of Canada’s Top 40 Under 40. Mr. Fowler has a BA (Honours) from Queen’s University and an MBA from the London Business School at the University of London (UK).

Gilles Ouellette

Mr. Gilles G. Ouellette serves as Chairman of the Board, BMO Nesbitt Burns, Group Head, BMO Asset Management and Vice-Chair, International, BMO Financial Group of the Company. He was Group Head, Wealth Management of Bank of Montreal. Mr. Ouellette leads the Bank’s North American management businesses, and is Deputy Chair, BMO Nesbitt Burns. He is responsible for defining and implementing strategic direction, delivering integrated services that address the needs of high net worth clients and the retirement markets, and for the results for all Private Bank, Full-Service Brokerage, Discount Brokerage, Mutual Funds, Insurance and Investment Management businesses in Canada and the U.S. Mr. Ouellette started out as an Investment Executive with Burns Fry Limited in 1979. He was promoted to Branch Manager in 1983, to National Director of Sales in 1988 and to Managing Director of Investor Services in 1990. In 1993, he was named Executive Vice-President, and was then appointed to the position of Executive Vice-President, Private Client Division when Burns Fry merged with Nesbitt Thomson in 1994. He was appointed Director of the Private Client Division and Vice-Chairman of Nesbitt Burns in 1997. He has an undergraduate degree and a Master of Business Administration from the University of Western Ontario.

Jean Ares

Mr. Jean Michel Ares serves as Chief Technology and Operations Officer of the Company. Mr. Arès has Bachelor and Master degrees in Electrical Engineering and an MBA from McGill University in Montreal. On November 1, 2018, Mr. Arès became a Senior Advisor and assisted with the transition of his duties to Steve Tennyson, who was appointed Chief Technology and Operations Officer, BMO Financial Group as of that date. Mr. Arès joined the bank in April 2010 as Chief Technology and Operations Officer. Before joining BMO he held the following positions: 2002 Joined The Coca-Cola Company as Vice-President and Chief Information Officer, later appointed Senior Vice-President and Chief Information Officer 2000 Appointed Vice-President and Chief Information Officer, GE Power Systems 1996 Joined General Electric in the Corporate Initiatives Group, later that year appointed Chief Information Officer at GE Power Systems 1993 Joined McKinsey & Company as a consultant, serving clients in telecommunications and banking.

Simon Fish

Mr. Simon A. Fish serves as General Counsel of Bank of Montreal. Prior to 2008, he was Executive Vice-President and General Counsel at Vale Inco Limited from 2006 to 2008 and Executive Vice-President and General Counsel at Shell Canada Limited from 2003 to 2006.

Patrick Cronin

Mr. Patrick Cronin has been appointed Chief Risk Officer, BMO Financial Group effective November 1, 2018. Mr. Cronin serves on the board of the Loran Scholars Foundation, the Canadian Derivatives Clearing Corporation, the Canadian Depository for Securities Limited and the Ivey Advisory Board, and is a campaign cabinet member of the SickKids Foundation. He holds an MBA from Western University’s Ivey School of Business and a Bachelor of Arts from the University of Toronto.

Catherine Roche

Ms. Catherine Roche serves as Head, Marketing and Strategy of the Company. She was Head, Office of Strategic Management of the company. Prior to joining BMO, Ms. Roche spent 20 years working with the Boston Consulting Group (BCG), most recently as Partner and Managing Director. She led BCG’s global Center for Consumer and Customer Insight – a functional area of expertise on customer experience and knowledge that crosses all sectors. Adding to this broad and impressive background, Ms. Roche is a published expert in fields such as consumer analytics, data and customer experience. Ms. Roche sits on the boards of Futurpreneur Canada and Toronto Global. Ms. Roche holds a Bachelor of Commerce from Memorial University and an MBA from Harvard Business School, where she was a Baker Scholar and graduated with distinction.

Joanna Rotenberg

Ms. Joanna Rotenberg is Group Head, BMO Wealth Management of the Company. She was Chief Marketing Officer & Head - Strategy of Bank of Montreal. Ms. Rotenberg, who before July 2010 was a principal at McKinsey & Company.

Janice Babiak

Ms. Janice M. Babiak, CPA (US), CA (UK), CISM, CISA, serves as Independent Director of Bank of Montreal. Ms. Babiak, is a Corporate Director, is a former Managing Partner at Ernst & Young LLP (EY), an accounting firm. From 1982 until the end of 2009, and based in the United Kingdom from 1990 onwards, she held a number of roles including global assurance and advisory P&L leadership roles in Technology Security and Risk Services and Regulatory and Public Policy; and she founded and led their global Climate Change and Sustainability Services practice. She also served on EY’s management board for Northern Europe, Middle East, India and Africa. Her current listed company portfolio includes serving on the board of Walgreens Boots Alliance, Inc. where she chairs the Audit Committee and serves on the Finance Committee. She joined the board of Euromoney Institutional Investor PLC beginning December 1, 2017 and serves on its Nominations Committee. She is a Council member for the Institute of Chartered Accountants in England and Wales. She received a B.B.A. in Accounting from the University of Oklahoma and an M.B.A from Baldwin Wallace University and holds international information systems security and control, as well as US and UK accounting qualifications.

Sophie Brochu

Ms. Sophie Brochu, C.M. serves as Independent Director of Bank of Montreal. Ms. Brochu holds the position of President and Chief Executive Officer of Énergir (formerly Gaz Metro), a diversified energy company. Ms. Brochu is a graduate in Economics from Université Laval in Quebec City where she specialized in the energy field. She serves on the board of Énergir as well as on the boards of Bell Canada and BCE. Ms. Brochu is also the Vice-president of the Montreal Board of Trade. Ms. Brochu is involved with Centraide of Greater Montreal and is cofounder of 80, ruelle de I’Avenir project, which aims to combat school dropout in the Centre-Sud and Hochelaga Maisonneuve neighbourhoods. Ms. Brochu is a member of the Order of Canada.

Craig Broderick

Mr. Craig W. Broderick is Independent Director of the Company. Mr. Broderick is a Senior Director at Goldman, Sachs & Co., from which he retired as an active employee in January 2018. He was, until then, the firm’s Chief Risk Officer, a member of its Management Committee, and Chair or co-chair of key risk committees. He spent 32 years with Goldman Sachs, primarily in the risk field. He holds a BA from the College of William and Mary. He is active with his alma mater, including serving nine years as a Trustee, and was chair of its Investment Committee.

George Cope

Mr. George Alexander Cope serves as Independent Director of Bank of Montreal. He is leading the transformation of Canada’s largest communications company with a strategy of investment in advanced broadband networks, service innovation, and content leadership. Recognized as Canada’s Outstanding CEO of the Year for 2015, Mr. Cope has earned a reputation as a strategic innovator and builder of highperformance teams in chief executive roles at publicly traded communications companies over the past three decades. Under his leadership, Bell announced the Bell Let’s Talk initiative in 2010, the largest-ever corporate commitment to Canadian mental health and now one of the country’s most prominent community investment campaigns. A graduate of the Ivey School of Business at Western University (HBA ’84), Mr. Cope was named Ivey Business Leader of the Year in 2013 and serves on the school’s advisoryboard. He has been awarded honourary doctorates by his alma mater, University of Windsor and Trent University, was Chair of United Way Toronto’s record-breaking 2013 campaign, and received the Queen’s Diamond Jubilee Medal for his work on Bell Let’s Talk. Mr. Cope was appointed a Member of the Order of Canada in 2014 and was inducted into the Canadian Business Hall of Fame in 2018.

Christine Edwards

Ms. Christine A. Edwards serves as Independent Director of Bank of Montreal. Ms. Edwards s is a Capital Partner and chairs the Bank Regulatory Practice Group of Winston & Strawn LLP, an International law firm headquartered in the US. Prior to joining Winston & Strawn in 2003, she was Executive Vice-President and Chief Legal Officer at several Fortune 250 Financial Services Companies including Bank One Corporation and Morgan Stanley. In those roles she had responsibility for each company’s law, compliance, regulatory and government relations functions. Ms. Edwards is ranked nationally in the area of Financial Services and Securities Regulation by Chambers USA and America’s Leading Lawyers for Business; is an Illinois Super Lawyer and is listed in The Legal 500. Ms. Edwards is Vice-Chair of the Board of Trustees and serves on the Executive, Audit and Nominating and Governance Committees for Rush University Medical Center, a leading academic medical center in Chicago. In Washington D.C., Ms. Edwards serves on the Leadership Board of the U.S. Chamber of Commerce Center for Capital Markets Competitiveness. Ms. Edwards received a B.A. in English and Education from the University of Maryland and a J.D., with honors, from the University of Maryland School of Law.

Martin Eichenbaum

Mr. Martin Stewart Eichenbaum serves as Independent Director of Bank of Montreal. He is the Charles Moskos Professor of Economics at Northwestern University (where he has been a Professor since 1988) and co-director of the Center for International Economics and Development at Northwestern University. He is an International Fellow of the C.D. Howe Institute and a fellow of both the American Academy of Arts and Sciences and the Econometric Society. He is also an Associate of the National Bureau of Economic Research (NBER) and a co-editor of its Macro Annual. He serves on the advisory council of the Global Markets Institute at Goldman Sachs. He spent four years as the co-editor of the American Economic Review. He has served as a consultant to the Federal Reserve Banks of Atlanta and Chicago and the International Monetary Fund. He received a Bachelor of Commerce from McGill University and a Doctorate in Economics from the University of Minnesota.

Ronald Farmer

Mr. Ronald Harold Farmer serves as Independent Director of Bank of Montreal. Mr. Farmer is Managing Director of Mosaic Capital Partners, a Toronto-based management and holding company with interests in several private companies. Prior to joining Mosaic in 2003, he spent 25 years with McKinsey & Company, serving as the Managing Partner for the Canadian practice from 1991 to 1997. Mr. Farmer is a director of Integran Technologies and PowerMetal Technologies. He also serves on the Dean’s Advisory Council of the Schulich School of Business. He holds a B.A. and an M.B.A. from The University of Western Ontario.

David Harquail

Mr. David Harquail serves as Independent Director of the company. Mr. Harquail s Chief Executive Officer of Franco-Nevada Corporation, a role he has held since 2007 when he led its $1.3 billion initial public offering onto the Toronto Stock Exchange. Franco-Nevada has since grown into the leading royalty and streaming company active in both the mining and oil & gas industries. He is also the current Chair of the World Gold Council, which works to stimulate the demand for gold on behalf of the leading gold producers. He is currently active on the United Way Greater Toronto Campaign cabinet, and has over 35 years of experience on public and non-profit boards and task force advisories. Mr. Harquail holds a B.A.Sc. in Geological Engineering from the University of Toronto, an MBA from McGill University and is a registered Professional Engineer in Ontario. He is also a major benefactor of the School of Earth Sciences and its Mineral Exploration Research Centre (MERC) at Laurentian University in Sudbury as well as the Centre for Neuromodulation at Sunnybrook Health Sciences Centre in Toronto.

Linda Huber

Ms. Linda Susan Huber serves as Independent Director of the Company. Ms. Huber is a Corporate Director, recently retired as Executive Vice President and Chief Financial Officer of Moody’s Corporation where she had executive responsibility for the corporation’s global finance activities, information technology, communications and corporate services functions, as well as The Moody’s Foundation. Before joining Moody’s in 2005, Ms. Huber served in several increasingly senior roles in financial services, having served as Executive Vice President and Chief Financial Officer at U.S. Trust Company, a subsidiary of Charles Schwab & Company, Inc.; Managing Director at Freeman & Co.; Vice President of Corporate Strategy and Development and Vice President and Assistant Treasurer at PepsiCo. Ms. Huber also held the rank of Captain in the U.S. Army and during her four years of military service, she received two Meritorious Service Medals and became airborne qualified. Ms. Huber holds an M.B.A. from the Stanford Graduate School of Business and a B.S. (with high honors) in business and economics from Lehigh University.

Eric La Fleche

Mr. Eric Richer La Fleche serves as Independent Director of Bank of Montreal. Mr. La Fleche is President and Chief Executive Officer of Metro Inc., a leading Canadian food and pharmacy retailer and distributor, since April 2008. He joined Metro in 1991 and has held several positions of increasing responsibility, including Executive Vice-President and Chief Operating Officer from 2005 to 2008. Mr. La Flèche holds an M.B.A. from Harvard Business School and a civil law degree cum laude from the University of Ottawa. He is a long-time volunteer with Centraide of Greater Montreal (2015 Campaign Co-Chair) and serves on the advisory board of Tel-Jeunes, the leading kids help phone service in Quebec. In 2015, Mr. La Flèche was recognized as CEO of the Year in Quebec by Les Affaires, a leading business publication.

Lorraine Mitchelmore

Ms. Lorraine Mitchelmore serves as Independent Director of Bank of Montreal. Ms. Mitchelmore is a Corporate Director, was recently the President and Chief Executive Officer of Enlighten Innovations Inc. She is also the Former Executive Vice President Heavy Oil for Shell, and Former Shell Canada Limited President and Canada Country Chair. Ms. Mitchelmore has over 30 years’ experience in the international Oil and Gas industry, including areas of risk management, business strategy, operations, and employee health and safety. Prior to joining Shell in 2002, Ms. Mitchelmore worked with PetroCanada, Chevron, and BHP Petroleum. Ms. Mitchelmore holds a BSc in Geophysics from Memorial University of Newfoundland, an MSc in Geophysics from the University of Melbourne, Australia and an MBA from Kingston Business School in London, England. Ms. Mitchelmore currently serves on the Transmountain Corporation Board of Directors, Catalyst Canada Board of Directors, is the chair of the Federal Resources of the Future Economic Strategy Table, and is Founder and co-chair of Smart Prosperity.

Philip Orsino

Mr. Philip S. Orsino, O.C., F.C.A. serves as Independent Director of Bank of Montreal. Mr. Orsino has a B.A. from the University of Toronto and is a Fellow Chartered Professional Accountants Canada. Mr. Orsino retired as the President & CEO of Jeld-Wen Inc., a global integrated manufacturer of building products in March 2014. Until October 2005 Mr. Orsino was the President and CEO of Masonite International Corporation for 22 years which was listed on the TSX and NYSE until a going private transaction in April 2005. He was also formerly the Chairman of the Board of Trustees of University Health Network. Mr. Orsino currently serves on the Boards of The Minto Group and Minto Apartment Reit. He was appointed an Officer of the Order of Canada in 2004 and was the recipient of the 2003 Canada’s Outstanding CEO of the Year Award. Mr. Orsino is the author of “Successful Business Expansion: Practical Strategies for Planning Profitable Growth” (published in 1994 by John Wiley and Sons, Inc.) and is a recipient of the Distinguished Business Alumni Award from the Rotman School of Management at the University of Toronto.

Don Wilson

Mr. Don M. Wilson, III. serves as Independent Director of Bank of Montreal. He is a Corporate Director, retired from JP Morgan Chase & Co., a U.S. bank, in 2006 where he had served as the bank’s first Chief Risk Officer. He was also a member of the bank’s Executive Committee and Operating Committee. He serves as director and Vice Chairman of Goodwill Industries of Greater New York and Northern New Jersey, Inc. a non-profit organization. Mr. Wilson’s career experiences at JPMorgan included major divisional management responsibilities in New York, London, and Tokyo in corporate finance, investment banking, and capital markets. He graduated from Harvard University in 1970 (AB cum laude) and from the Tuck School at Dartmouth College in 1973 (MBA).