The MFDA Board of Directors has formally announced the retirement of CEO Larry Waite, effective September 30, 2012.

He joined the MFDA on October 1, 1998 as its first employee and COO, and was appointed president and CEO in 2003.

In June 2012, the board named Mark Gordon, former MFDA executive vice-president, as his successor. Chair Rod McLeod commented, “Mark’s extensive securities and regulatory experience, gained through more than 25 years of working at the MFDA, the Ontario Securities Commission and in private practice, will ensure the MFDA continues to fulfill its investor protection mandate.”

Read:

Never too early for succession plans

Make sure you’re compliant

Don’t get caught in regulatory traps