Blake Hutcheson, who has been chief executive of Oxford Properties Group, will take on the new role at OMERS of president and chief pensions officer. Blake has been a highly successful CEO for over 20 years and has served on more than 25 Boards and Committees of both public and private entities. Blake Hutcheson (President and incoming CEO) shared some good news stories about how OMERS is contributing to the fight against COVID-19 and provided an update on key strategic initiatives. 175 OMERS reviews. Together, we will position OMERS to meet current and emerging challenges, find new opportunities to grow and deliver on our promise to our members,” Mr. Hutcheson added. OMERS names Blake Hutcheson (L) CEO effective June 1, 2020, succeeding Michael Latimer (R), who will be retiring May 31, 2020. Contributions are funded equally by members and employers. TORONTO, June 01, 2020 (GLOBE NEWSWIRE) — OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO, effective today. Blake Hutcheson is President and CEO of OMERS. The former president of Oxford Properties got his start at brokerage CB Richard Ellis and CIBC before moving to Oxford, a company with 2,000 employees and $50 billion […] Article Image Latest Release OMERS Announces Blake Hutcheson As New CEO to Continue Global Expansion Article Image. He is responsible for the overall leadership and performance of the OMERS enterprise. OMERS is a jointly-sponsored pension plan, with 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. He is responsible for the overall leadership and performance of the OMERS enterprise. 5 Ratings. I have worked extremely closely with Michael for the last ten years, hold him in the highest regard, and believe that together we will model the CEO transition in a way that will make OMERS proud.”, Mr. Latimer concluded, “As the outgoing CEO, I would like to thank each and every employee of OMERS, past and present, for their contributions to our significant growth over these years. Dec 12 (Reuters) - Canadian pension fund manager OMERS on Thursday named its Chief Pension Officer Blake Hutcheson as its next chief executive, succeeding Michael Latimer, who retires in May. 128 OMERS reviews. At the same time, he focused on building a strong culture and establishing a workplace where employees are fully engaged. Throughout my career, I have worked with many successful CEOs, and I cannot think of anyone better suited to lead us at this point in our journey,” said George Cooke, Chair of the OMERS AC Board. Mr. Hutcheson is currently President and Chief Pension Officer, and will succeed Michael Latimer, who is retiring after two decades with OMERS, the last six years as CEO, on May 31, 2020. He was appointed OMERS President and Chief Pension Officer in 2018. Prior to OMERS, Mr. Hutcheson headed Global Real Estate with Mount Kellett Capital Management, an international private equity firm, and prior to that he was Chairman and President of the Canadian, Latin American, and Mexican operations for CB Richard Ellis, the world’s largest real estate services company. “Since its founding in 1962, OMERS has lived its purpose as a defined benefit pension plan to meet the retirement income needs of its members which consists of employees of municipal governments and local agencies and boards in the Province of Ontario,” said Mr. Hutcheson. Jonathan Simmons (CFO) provided an overview of 2019 financial results, which was one of OMERS best years ever. OMERS has appointed Blake Hutcheson as president and CEO, effective today, replacing Michael Latimer. Mr. Hutcheson is currently President and Chief Pension Officer, and will succeed Michael Latimer, who is retiring after two decades with OMERS, the last six years as CEO, on May 31, 2020. OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO, effective June 1, 2020. TORONTO, June 01, 2020 -- OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO, effective today. Glassdoor gives you an inside look at what it's like to work at OMERS, including salaries, reviews, office photos, and more. He is responsible for the overall leadership and performance of the OMERS enterprise. Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with $109 billion in net assets as at December 31, 2019. Blake Hutcheson. I worked at OMERS full-time for more than 10 years Pros Good salary, average benefits, good location (brand new building so nice office space), great facilities (i.e. “Blake is committed to OMERS members, employers, unions, stakeholders and employees and to the execution of our mission and vision. OMERS has appointed Blake Hutcheson as president and CEO, effective today, replacing Michael Latimer. He also completed a Graduate Diploma in International and Comparative Politics at the London School of Economics (with Distinction) and a Master’s Degree in Real Estate Development at Columbia University (from which he received the Distinctive Alumni Award in 2017). ... Blake Hutcheson. ), good bonus structure but management manipulates this. All content is posted anonymously by employees working at OMERS. Mr. 9 Ratings. TORONTO — As the newly appointed president and Chief Pensions Officer at Ontario Municipal Employment Retirement Systems (OMERS), Blake Hutcheson is no stranger to the hotel-investment world. Incoming OMERS CEO sees growth opportunities in India and Asia. This is the OMERS company profile. T +1 416.369.2444 +1 800.387.0813 | F +1 416.369.9704 +1 877.369.9704. ... Good salary, average benefits, good location (brand new building so nice office space), great facilities (i.e. Across geographies, offices and businesses, We are All OMERS, and proud of it. Blake Hutcheson. OMERS. Over 10 years at the pension fund, Hutcheson was previously its president and chief pension officer and spent about eight years as CEO of Oxford Properties, the OMERS’ real estate arm. A free inside look at company reviews and salaries posted anonymously by employees. October 16, 2020. OMERS. 5 Ratings. They are our motivation and inspiration, and the reason we show up for work each and every day and do our best on their behalf.”. I would also like to thank our Board of Directors for their support. Blake Hutcheson is President and CEO of OMERS. OMERS names Blake Hutcheson (L) CEO effective June 1, 2020, succeeding Michael Latimer (R), who will be retiring May 31, 2020. https://www.globenewswire.com/NewsRoom/AttachmentNg/a79817aa-82f9-437b-9420-d5f5d7b8688c, Ontario Municipal Employees Retirement System. Early this year, under his team’s leadership, OMERS approved a 2025 and 2030 Strategy, which will provide clear direction for the next five- and ten-year period. We don't pivot on a dime to be overly concerned about them," Blake Hutcheson, president and chief pension officer at OMERS, tells Asia Asset Management on the sidelines of the Milken Institute Asia Summit 2019 conference in Singapore. I believe with the quality of our people and the balance sheet we have built, OMERS is well-positioned to weather the challenges and seize the opportunities that lie ahead.”. A former recipient of Canada’s Top 40 Under 40, Mr. Hutcheson is a graduate of the University of Western Ontario. He was appointed OMERS President and Chief Pension Officer in 2018. Cons. Blake Hutcheson and Michael Latimer Blake Hutcheson was named the new CEO of the C$97 billion ($71.1 billion) Ontario Municipal Employees’ Retirement System, Toronto, effective June 1. OMERS achieved a solid annual net return of 8% over this period, well above the Plan’s discount rate, improving the Plan’s financial position to near full funding. Financial turmoil created by the COVID-19 pandemic is a “health crisis with economic implications, it’s not an economic crisis in itself,” says the incoming CEO of OMERS, one of the country’s largest commercial real estate investors.. Blake Hutcheson, the former head of Oxford Properties, was speaking during a Canadian market outlook webinar this week hosted by CBRE. He is a graduate of the University of Western Ontario, London School of Economics and Columbia University. A jointly-sponsored pension plan, with 1,000 participating employers, OMERS invests and administers pensions on behalf of almost half a million active and retired members. Glassdoor gives you an inside look at what it's like to work at OMERS, including salaries, reviews, office photos, and more. 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The former president of Oxford Properties got his start at brokerage CB Richard Ellis and CIBC before moving to Oxford, a company with 2,000 employees and $50 billion […] By Murad Hemmadi Jan 9, 2020. Prior to that, he was OMERS President and Chief Pension Officer. ... None I can think of except you will get salary on pay day. “The Board has made an excellent choice in appointing Blake and I am confident that under his leadership the organization and our members are in good hands,” said Mr. Latimer. Hutcheson, who is currently OMERS’ president and chief pension officer, will succeed current CEO Michael Latimer, who is retiring after two decades at the pension fund and six years at its helm. 5 Ratings. Blake Hutcheson is President and CEO of OMERS. He previously served as President and CEO of Oxford Properties Group from 2010 to June of 2018. Mr. Hutcheson assumes his new role, having been with OMERS for ten years. TORONTO, June 01, 2020 (GLOBE NEWSWIRE) -- OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO, effective today. “Right now, many OMERS members are working directly on the frontlines of Ontario’s response to the pandemic. OMERS is pleased to announce the appointment of Blake Hutcheson as its new CEO effective June 1, 2020. He is a leader who will make a difference for OMERS and I am excited for him and for the team. Contributions to the Plan are funded equally by members and employers. TORONTO, May 20, 2020 /CNW/ - Blake Hutcheson will soon take over as the new CEO of OMERS, the pension plan that owns LifeLabs, and OPSEU President Warren (Smokey) Thomas is … The Ontario Municipal Employees Retirement System is appointing Blake Hutcheson as its new chief executive officer, effective June 1, 2020. OMERS pension income provides peace of mind. Iris Dorbian - 1 June 2020. The U.K. isn't the only region earmarked for expansion by Mr. Hutcheson. meeting rooms, kitchen/lunch room, etc. Mr. Blake Hutcheson President & Chief Pension Officer OMERS Administration Corporation (OAC) 100 Adelaide Street West Toronto, ON M5H 0E2 Re: Refusal to Receive OMERS Member Inquiries on Pending Plan Changes Dear Mr. Hutcheson, We are writing to express our concern over the OAC’s apparent decision to refuse to accept Cons. Blake Hutcheson set to take over as head of OMERS with current CEO set to retire David Milstead Institutional Investment Reporter Published December 12, 2019 Updated December 13, 2019 Pros " Work ... - beautiful offices - good benefits - competitive salary. All content is posted anonymously by employees working at OMERS. Blake Hutcheson will share observations and reflections gained during his first hundred days at the helm as President and CEO of OMERS, one of Canada’s largest defined benefit pension plans. “It is an honour to be asked to take on this leadership role at this important time in the history of OMERS,” said Mr. Hutcheson. OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO, effective today. Management is clueless, aggressive, rude and derogatory No People skills No Structure Stay Away unless you are jobless have exit plan in mind before joining. Blake is the President and Chief Pension Officer of OMERS and Chairperson of Oxford Properties. This speaks to the strong foundation patiently constructed by Blake’s predecessors and given his more than 10-year track record with OMERS, we know Blake will skillfully build on that foundation, delivering on plans for further expansion,” he added. 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