William Downe

Mr. Downe currently serves as a member of the People, Culture and Compensation Committee. He is the retired CEO of BMO Financial Group, a bank founded in 1817 that today serves 11 million personal, commercial, corporate and institutional customers in North America and internationally. Mr. Downe held the role of Chief Operating Officer prior to being appointed CEO in 2007 and has held a variety of senior management positions in the U.S. since joining the company in 1983. He is a member of the International Business Leaders Advisory Council of the Mayor of Beijing, and the International Advisory Council of Guanghua School of Management at Peking University. Mr. Downe is on the Board of Trustees of the Rush University Medical Center and a member of the Board's Compensation and Human Resources Committee. Mr. Downe is a director of Loblaw Companies Limited. He is also a member of the Economic Club of Chicago and Past President of the Federal Reserve Board's Federal Advisory Council.