A quiet champion of women: Why female executives are so grateful to Tom O’Neill GlobeBusiness
Tom O’Neill, former board Chair of the Bank of Nova Scotia is photographed during an interview in Toronto, on Wednesday, April 24, 2019.As a commerce student in 1975, Kathleen O’Neill was among the first wave of Canadian women hired to become chartered accountants. Through the recruiting process at Price Waterhouse, she met someone who would help shape the rest of her career.
“He was mentoring us and sponsoring us long before it became the thing to do,” Ms. O’Neill said in an interview. “He’s had a quiet, but major, influence on corporate Canada.” Mr. O’Neill went on to be chief operating officer of the global accounting firm, and later became a board member at Scotiabank, Loblaw Companies Ltd. and BCE Inc., among others. In many ways he was a member of the old boys’ club, yet he used that clout to help women rise as well.
More recently, he used his influence to add women to Scotiabank’s board to boost the number of female directors to six. In 2018, only 3 per cent of TSX-listed companies had five or more female directors.
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