Change in Leadership
During this fiscal year, John
Bowey completed his two-year
term as Chair of the Board of
Directors for the Foundation—a
term that saw the launch of our
Billion Dollar Challenge, the
name change for the hospital
to Princess Margaret Cancer
Centre, and the name change of
the Foundation to The Princess
Margaret Cancer Foundation.
John had a significant impact
in moving the Foundation
forward to be among the best-
governed Foundations in the
country, exhibiting courage and
conviction when it was most
needed.
We are very grateful to John for
his leadership, strong financial
management expertise and
his personal support of our
fundraising events.
John is succeeded by Stephen
Bear, Director Emeritus for
McKinsey & Company, one of the
world’s leading management
consulting firms. Stephen
previously led McKinsey’s
practices in both Canada and
Korea, and focused primarily on
serving clients in the financial
services and energy sectors.
As a Board member since 2010,
Stephen has been instrumental
in working with the cancer
centre leaders to develop our
unique vision for Personalized
Cancer Medicine and our
campaign to raise a billion
dollars to bring it to reality.
In his first message as Board
Chair, Stephen expressed his
motivation for serving in this
capacity, “I have chosen to
serve as a volunteer board
member for many reasons,
but let me give you the most
important one. The Princess
Margaret Cancer Centre makes a
difference—a difference in the
lives of Canadians and for cancer
patients around the world. I
want to spend my volunteer
time and energy supporting a
place that matters – and The
Princess Margaret matters.”
