Pension Funds

Halifax pension plan issues call for executive search firm

Halifax (Nova Scotia) Regional Municipality Pension Plan issued an RFP for an executive search firm to help the C$1.8 billion ($1.5 billion) plan select a new CEO.

In June, Terri Troy, the plan's current CEO, announced she would retire in October but remain with the plan until a successor is chosen. She now will remain until mid-December, said Dan White, co-chairman of the plan's pension committee. Ms. Troy was the plan's first CEO, appointed in 2006.

Proposals should be emailed to R. Scott MacDonald, the pension fund's board chairman, according to the RFP. Proposals are due by 4 p.m. EDT on Oct. 6. A selection of a search firm is expected later in the month, Mr. White said.

The RFP is available online.