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 Posté le: Lun Sep 30, 2013 7:57 pm Sujet du message: Cathy McLay |
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{Cathy McLay}
|Dominic SchaeferTue Apr 30,[url=http://www.moncler-sale.org]discount moncler jackets[/url], 2013 1:30pm PSTCathy McLay,[url=http://www.moncler-sale.org]moncler on sale[/url],[url=http://www.moncler-sale.org]discount moncler jackets[/url], CFO of TransLink, is credited with guiding the first P3 (public-private partnership) organization in Vancouver to success. With McLay at the helm, the transport company built the Canada Line on time and on budget. The new line, which linked the airport to downtown Vancouver for the first time, became an integral piece of infrastructure that contributed to the success of the 2010 Winter Olympics.McLay, whose background is in the private sector, used her knowledge to secure non-governmental funding. She successfully promoted TransLink to financers across the country and North America. McLay's ability to promote the TransLink business model was instrumental to achieving low-cost financing."Her transformation of TransLink from a corporation borrowing through another entity to a direct issuer in the money market and bond market should be highlighted," said James Stewart, managing director, National Bank Financial Inc. "This strategic shift involved fundamental changes in TransLink's treasury and other financial operations as well as achieving strong internal as well as TransLink's board support." Jim Hopkins,[url=http://www.moncler-sale.org]moncler outlet[/url], assistant deputy minister in the B.C. Finance Ministry, attributes McLay's success to active listening and forming connections and partnerships among key stakeholders in the financial community."She followed a deliberate strategy of studying the markets and researching how best to position TransLink for optimal advantage," he said.A CFO's work is never done. She is currently leading TransLink through the new Evergreen Line negotiations, integration of tolling operations for the Port Mann Bridge with the Province, and implementation of the new Compass Card system. •Q&ANomination remarks from Kristine Simpson, partner at KPMGHow has this nominee demonstrated leadership in finance?Despite fiscal challenges,[url=http://www.moncler-sale.org]moncler sale[/url], McLay has successfully managed operations through a number of transformational projects including: transportation during the 2010 Olympics, completion of the Canada Line and Golden Ears Bridge Projects. She has effectively used her experience in the private sector to help guide TransLink from a public company to a P3 organization. Her focus has been on better utilization of resources,[url=http://www.moncler-sale.org]moncler down jackets[/url],[url=http://www.moncler-sale.org]moncler sale[/url], commercial funding strategies,[url=http://www.moncler-sale.org]moncler outlet[/url], centralization of strategic sourcing, leveraging assets including transformation of the real estate program to optimize value.How has this nominee contributed to strategic decision-making and growth of the company?TransLink's structure provides restrictions in terms of revenue sources. The key challenge for the company and for McLay is finding sufficient funding for current operations and prepare for the future growth. McLay has been a leader in the strategic planning to focus on efficiency of the operations, specifically through integration of the operating divisions, centralizing common back-end services, and shared service initiatives.How has this nominee demonstrated a commitment to sound ethics and reporting?The extent of reporting requires a significant amount of dedication throughout the year from McLay and her staff. TransLink is an independent authority that is responsible to the taxpayers and users who fund the transportation network in the region. The volume of reports, require a significant amount of effort,[url=http://www.moncler-sale.org]moncler down jackets[/url], detail and review to ensure that the reporting is appropriately covering the factual results to the stakeholders.How has this nominee demonstrated contributions to sustainability and community initiatives?McLay drives TransLink's sustainability policy for a sustainable transportation system that meets the needs of its many stakeholders. Under McLay, TransLink has received a number of awards such as the 2011 Gold Level distinction from the American Public Transportation Association for reducing greenhouse gas emissions,[url=http://www.moncler-sale.org]moncler on sale[/url], cutting energy use and increasing ridership over baseline levels; the 2011 – Canadian Urban Transit Association's Innovation Award for selling carbon offsets and an Environmental Award for the waste management program at Coast Mountain Bus Company. McLay has also served two terms as a director for Vancouver Coastal Health Authority, sitting on the audit and finance committee and safety quality and performance measurement committee.
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