TORONTO - Bank of Montreal (TSX:BMO) is hiring the head of Metrolinx, the agency that operates GO Transit for the Ontario government, as its chairman.
The bank says Robert Prichard, also a former CEO at Torstar Corp. (TSX:TS.B), will take the position after serving as an independent director of BMO since 2000.
Prichard replaces David Galloway who is retiring.
"I am grateful for the board's confidence and look forward to working with the board and management to deliver superior performance by the Bank that defines great customer experience," Prichard said in a release.
In early 2009, Prichard exited his position at Torstar, owner of the Toronto Star newspaper and other dailies and weeklies, as the company slashed jobs at its operations to reduce costs in response to the economic downturn.
