Message from the Executives

Message from the Chief Financial Officer

Notice of Appointment

I am pleased to announce the addition of two new members to the Corporate Services Senior Leadership Team:

• John Montagnese, our new Executive Director, Finance and Treasurer, who joined us October 31, 2022; and

• David Metcalfe, the Head of Business Management and Performance, who recently joined us in September.

John Montagnese
As the new Executive Director of Finance and Treasurer, John will lead the delivery of financial planning and management, financial reporting and treasury services to the organization. His role includes overseeing multi-year financial planning, budgeting, analysis, advice, management and reporting services provided directly to our TTC business partners across the organization in support of the TTC’s Executive and CEO.

With over 20-plus years in the banking, utility and health sectors, John brings rich and deep experience in all facets of multi-year planning, financial controllership, business analysis, performance measurement, economic modelling and project management. John also brings extensive transformational experience: developing, coaching and supporting high-performing teams; streamlining business processes; enhancing productivity; and implementing technology solutions. John is a customer service-oriented professional who forges solid relations with partners to best understand and meet their business needs and outcomes.

John has a Bachelor of Arts in Accounting and Finance and is a Chartered Professional Accountant (CMA, CPA).

David Metcalfe
As the Head of the new Business Management and Performance Department, David will work closely with Corporate Services colleagues and TTC business partners to mature business management practices and performance monitoring and reporting activities for Corporate Services, which are aimed at strengthening corporate support for our TTC business partners.

David brings over 25-plus years of experience in establishing business management strategies, policies and practices, and implementing performance management reporting frameworks, systems and metrics for both public- and private-sector organizations, establishing himself an expert in the municipal and banking sectors and as a customer-focused and collaborative business partner.

David is a Civil Engineer, a Chartered Professional Accountant (CMA, CPA), and also has a Master of Business Administration in Finance.

John and David’s wealth of experience, leadership and relationship-building skills will be invaluable to the Corporate Services Group and in supporting all business partners across the TTC. As some of their first priorities, John and David will partner to implement the TTC’s Finance Transformation and will be coming to meet with each of you to begin understanding your business and needs. I will be arranging introductory meetings.

Please join me in welcoming John and David to the TTC and their new roles.

Josie La Vita
Chief Financial Officer
October 31, 2022

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