Council of Institutional Investors Board Appoints Bob McCormick to Succeed Amy Borrus as Executive Director
Washington, D.C., June 24, 2024 — The Board of Directors of the Council of Institutional Investors (CII) today announced that Bob McCormick, a widely respected corporate governance expert, will succeed Amy Borrus as executive director after she retires June 30.
The appointment followed an extensive national search and selection process that began last fall, after CII announced Borrus’s retirement plans. Korn Ferry provided executive recruiting services.
“Bob’s deep knowledge and experience will be a tremendous asset to CII,” said Aeisha Mastagni, CII’s board chair and a senior portfolio manager at the California State Teachers’ Retirement System (CalSTRS). “With Bob at the helm, CII will be well-positioned to build on Amy’s success in advancing good corporate governance, strong shareholder rights and fair financial markets, while expanding CII’s membership and programming.”
McCormick has more than 25 years of experience working in various roles across the corporate governance community. He led the proxy voting team at Fidelity Investments for five years, then worked for more than a decade at Glass Lewis, where he was chief policy officer. From 2017-2021, he advised corporate executives and board members as managing director at PJT Camberview. McCormick currently serves in an advisory capacity at PJT Camberview and Third Economy and on the advisory boards of Columbia Law School’s Millstein Center for Global Markets and Corporate Ownership and the University of Delaware’s Weinberg Center on Corporate Governance.
McCormick was named one of the 100 most influential people on corporate governance by Directorship magazine in 2015, and from 2008-2012. He earned a J.D. from Quinnipiac University School of Law and a B.A. in history from Providence College.
”I am extremely excited to join CII, an organization I have admired for many years as a member and active participant,” McCormick said. “I look forward to continuing the tremendous work of CII and working closely with the dedicated, experienced staff as well as the deeply committed members to further the important mission of CII to educate, advocate and promote engagement around effective corporate governance, strong shareowner rights and sensible financial regulations.”
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