Board of Directors
Committees of the Board
The Executive Committee reviews, guides, and/or recommends to the Board on issues relating to partnerships and alliances, process for annual performance evaluation and compensation review of President & CEO, process for annual performance evaluation and compensation review of Chief of Staff, and is responsible for oversight of the program for senior management succession undertaken by the CEO, reporting on succession matters to the Board of Directors. The Committee meets at the call of the Chair.
The Resources Committee is responsible for overseeing and ensuring the integrity of the corporation’s financial affairs, human resources management, information technology, and capital building resources. The Committee reviews, guides and/or recommends to the Board resource issues such as the corporation’s operating plan, forecasting/planning, performance of investment counsel, corporation’s insurance, financial statements, and litigation. The Committee meets bi-monthly and at the call of the Chair.
The Audit Committee reviews, guides and/or recommends to the Board resource issues such as review of audited financial statements and draft auditor’s report, evaluation and appointment of auditor, auditor’s management report, audit fee, audit quality control processes, and internal audit. The Committee meets at least twice per year and at the call of the Chair.
The Governance Committee ensures the governance framework is in place and regularly updated to reflect the current circumstances (i.e., Board membership, etc.) It coordinates the Board work plan for approval by the Board and reviews, guides and/or recommends to the Board on such issues related to direction and evaluation of the government relations plan, establishment of the Board member nomination and selection processes, Board officer nomination, Board development, by-laws, and Annual General Meeting issues. The Committee meets six times per year.
The Quality Monitoring Committee recommends to the Board of Directors the long-term objectives for quality at THC and establishes annual quality goals and specific quality indicators to be monitored periodically by the Board. It reviews on a quarterly basis, the Corporate Performance Indicator Report and recommends additions/changes to this report to keep it current based on Ministry, LHIN mandated indicators and hospital-specific requirements. The Committee reviews the Public Reporting Dashboard and makes recommendations for updating it as necessary, receives quarterly reports from the Hospital Quality of Care Committee and monitors its progress, identifies hospital-wide risks that potentially impact and/or are related to patient care, and reviews and reports periodically to the Board on the outcomes of stakeholder satisfaction surveys and issues to be addressed. The Committee meets bi-monthly