Public ambush sends alert to $169 billion Alberta pension: …
Nov 15, 2024 · Siddall, the former head of Canada’s federal housing agency, became CEO of Aimco in July 2021 after it lost C$2.1 billion on a bet against market volatility that blew up when the pandemic hit. Fast-talking and blunt, Siddall aimed to elevate Aimco’s profile on Wall Street.
After changes at AIMCo, United Conservatives now own successes …
Nov 9, 2024 · Evan Siddall led AIMCo for three years before being terminated. The former investment banking executive and head of the Canada Mortgage and Housing Corporation arrived at AIMCo after major ...
Alberta government fires AIMCo board, four top executives, in …
Nov 7, 2024 · AIMCo CEO Evan Siddall and three other top executives are also out, Horner said Thursday. ... In Friday's news release, the government said AIMCo's third-party management fees increased 96 per ...
Alberta government dismisses AIMCo board, citing …
Nov 7, 2024 · AIMCo chief executive Evan Siddall has departed, along with three other executives, Alberta's ministry of finance said
Alberta fires entire AIMCo board, relieves CEO of duties, due to ...
Nov 7, 2024 · The Alberta government has jettisoned the entire board of Alberta Investment Management Corp. (AIMCo), as well as CEO Evan Siddall, saying the investment manager of pensions, government and...
Alberta Government Ousts Entire AIMCo Board, Four Executives
Nov 11, 2024 · CEO Evan Siddall was among four executives fired as the government cited AIMCo’s below-benchmark investment returns and rising operational costs, including increasing management fees and staffing expenses as the causes of the shake-up.
'Unprecedented,' ‘earth-shaking' board upheaval at Alberta …
Nov 11, 2024 · On Nov. 7, the provincial government of Alberta terminated the entire board of the C$168.9 billion ($124.5 billion) AIMCo and its CEO, Evan Siddall, citing underperformance issues and rising...
Firing of AIMCo CEO and entire board another sign UCP is …
Nov 8, 2024 · A comprehensive article in The Globe and Mail – which, sorry, is located behind a paywall – revealed that in addition to the 10 board members referred to but not named in the news release, Chief Executive Officer Evan Siddall and three …
AIMCo Leadership Purged Over Spending Disputes, Critics Cite …
5 days ago · Since 2021, the fund has been headed by Evan Siddall, who was viewed by some Alberta politicians as “disconnected from Alberta’s fiscally conservative culture,” writes BNN Bloomberg. This image presented problems for the Alberta government, though internal studies showed the fund’s costs were lower than peer corporations.
Alberta fires entire AIMCo board due to cost increases | Financial …
Nov 7, 2024 · The Alberta government has jettisoned the entire board of Alberta Investment Management Corp. (AIMCo), as well as CEO Evan Siddall, saying the investment manager of pensions, government and endowment funds in the province has seen “significant” increases in operating costs and management fees in recent years “without a corresponding ...