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Board of Directors

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The following are brief profiles of the Board of Directors and executive officers of Morneau Shepell:

Jill Denham

Gillian (Jill) Denham is a partner of Authentum Partners that invests in technology and related businesses and provides advisory services. Ms Denham currently serves on the board of directors of Canadian Pacific Railway Limited, Kinaxis Inc. and National Bank. Ms Denham spent her career at Wood Gundy and CIBC. She has held senior positions in investment banking, was President of Merchant Banking/Private Equity and had regional responsibility for CIBC in Europe. She was also head of the Retail Bank for CIBC. She holds an Honours Business Administration (HBA) degree from the Ivey Business School, Western University, and an MBA from Harvard Business School. 

Luc Bachand

Luc Bachand is a corporate director and currently sits on the boards of Cominar Real Estate Investment Trust, the École des Hautes Études Commerciales, the Fondation Jeunes en Tête, the Institute of Corporate Directors of Canada and the J. Armand Bombardier Foundation. Mr. Bachand was Vice-Chairman and the Head of BMO Capital Markets in Québec from 2006 until his retirement in 2016. Mr. Bachand joined BMO Financial Group in 1983 where he held several positions within the Capital Markets Group. He holds a Bachelor’s degree in Business Administration from the École des Hautes Études Commerciales (HEC) and a Master’s degree in Business Administration (MBA) from Concordia University. He is a Fellow of the Institute of Canadian Bankers and has obtained the ICD.D designation.

Robert Courteau

Robert Courteau is a corporate director and currently sits on the board of Kinaxis and serves as the Vice Chair of the Holland Bloorview Hospital Foundation. Most recently, he was Chief Executive Officer of Altus Group.  Prior to this, Mr. Courteau was President, North America and Global Chief Operating Officer at SAP AG.  He is a past member of the Board of Real Matters. Throughout his various executive positions, Mr. Courteau has refined his expertise and insights into global market leadership, advisory services, enterprise application software, and data solutions. The RICS (FRICS) further recognized his dedication and innovative leadership in 2014, awarding him a Fellowship for his commitment to education and endorsement of international standards and regulation. Mr. Courteau holds a Bachelor of Commerce degree and was awarded an Honorary Doctor of Laws degree from Concordia University.

Kish Kapoor

Kish Kapoor is President and Chief Executive Officer of GMP Capital Inc. He currently serves on the boards of EQ Bank, Richardson Financial Group Limited and Richardson GMP. Mr. Kapoor is the former President of Wellington West Holdings Inc., a full service brokerage, capital markets, asset management and financial planning services firm. He was one of the founders of Assante Corporation, one of Canada’s largest wealth management firms. He has a Bachelor of Science from the University of Manitoba and is a Chartered Professional Accountant and former tax partner with KPMG LLP. 

Ron Lalonde

Ron Lalonde is a corporate director. Prior to his retirement in 2010, Mr. Lalonde was Senior Executive Vice President, Technology & Operations at CIBC. Prior to this, Mr. Lalonde was the Chief Administrative Officer of CIBC, with responsibility for finance, legal, compliance, human resources, marketing and other support functions. Mr. Lalonde also held senior executive positions in London, England and New York. Mr. Lalonde currently serves as a director of Street Capital Group Inc. and is a Commissioner on the Board of the Toronto Transit Commission. Mr. Lalonde holds a BA from Western University and an MBA from the Ivey Business School. 

Brad Levy

Bradford (Brad) Levy is a corporate director and currently serves as the President and Chief Commercial Officer of Symphony Communication Services. Mr. Levy currently serves on the board of directors of FINOS Finance Opensource Foundation and the Commodity Futures Trading Commission Tech Advisory Committee. Previously, Mr. Levy was the Chief Executive Officer of MarkitSERV and held various positions at Markit, Goldman Sachs and Lehman Brothers. He also held board and advisory positions with TradeWeb, LoanX, BondDesk, CDS IndexCo and others. Mr. Levy’s charitable involvement includes Relay for Life, St. Baldrick’s Foundation and the Center for Food Action. Mr. Levy holds a Bachelor of Science degree in finance from the State University of New York at Albany.

Stephen Liptrap

Stephen Liptrap is President and Chief Executive Officer of Morneau Shepell. Mr. Liptrap first joined the Company’s senior executive team in 2008, bringing with him more than 25 years of senior executive experience in the high tech, consumer packaged goods and retail sectors. In 2010, he was appointed Executive Vice President and General Manager of Morneau Shepell’s largest business unit, Employee Support Solutions. Then in July 2016, Mr. Liptrap was appointed Chief Operating Officer, responsible for leading the Company’s business operations and functions. Mr. Liptrap is a member of the Business Council of Canada and a member of the Human Capital Policy Council for the C.D. Howe Institute. He was a member of the National Committee for CAMH’s 150 Leading Canadians for Mental Health, and has served on the HR Committee for the 2015 PanAm Games, the Canadian Board of Directors for NCR and the Pension Board for Europe for a large technology company. He is a frequent speaker and thought leader on mental health and HR issues facing organizations today. Mr. Liptrap is dedicated to diversity, equity and inclusion at Morneau Shepell and he has committed the organization to the 30% Club, the BlackNorth Initiative and the CEO Action for Diversity and Inclusion pledge. Mr. Liptrap holds an Honours Business Administration degree from the Ivey Business School (Western University), is a graduate of the Harvard Advanced Management Program and is a Certified Human Resources Executive (CHRE).

Chitra Nayak

Chitra Nayak is a corporate director and currently serves on the board of directors of Invitae and Intercom. Previously, Ms Nayak was Chief Operating Officer (COO) of Comfy by Building Robotics, COO of the U.S. business of Funding Circle and COO, Platform at She also held leadership positions at AAA Northern California, Charles Schwab & Co and she began her career at the Boston Consulting Group. Ms Nayak holds a Bachelor of Science in Engineering from the Indian Institute of Technology, a Master of Science in Engineering from Cornell University and a Master of Business Administration from Harvard Business School.

Kevin Pennington

Kevin Pennington is a corporate director and formerly served as the Special Advisor to the CEO of Fiserv, Inc., after serving five years as the Chief Human Resources Officer (CHRO) of Fiserv, a leading global technology provider for the financial services industry. Throughout his more than 37-year career, Mr. Pennington has held increasingly senior human resources roles in both the United States and Canada having served as a CHRO for 27 years. He served as Executive Vice President, CHRO and Administration with Agere Systems Inc., a semi-conductor company spun off from Lucent Technologies, from 2001 to 2005, followed by six years as Executive Vice President, CHRO with Toronto-based Rogers Communications Inc. Mr. Pennington holds a BSc degree in Behavioral Science / Management and an MSc degree in Counselling, both from Shippensburg University of Pennsylvania.

Dale Ponder

Dale Ponder is the National Co-Chair of Osler, Hoskin & Harcourt LLP and also serves on the firm’s Partnership Board. She is the immediate past Managing Partner and Chief Executive of Osler, a position she held for nine years. As a senior member of the firm’s Mergers and Acquisitions practice, she has had extensive experience throughout her career leading transactions relating to public and private M&A matters and advising boards of public companies. Ms Ponder’s practice background has focused on M&A, securities regulation and corporate governance. In the course of her practice, she has been recognized as a leading corporate and M&A lawyer by various peer ranking publications, including Chambers Global: The World’s Leading Lawyers for Business, the Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada, Lexpert’s Leading Corporate Lawyers and Best Lawyers in Canada. Ms Ponder serves on the board and is the Chair of the Canadian Business Growth Fund. She is also a member of the Holland Bloorview Kids Rehabilitation Hospital, the Advisory Board of Canada’s Top 40 Under 40 and the Governors’ Council of St. Michael’s Hospital Foundation, and is an instructor at Western Law School and a mentor in the Women’s Executive Network. She was inducted into the WXN Top 100 Most Powerful Women Hall of Fame and was the recipient of the 2016 Israel Cancer Research Fund Business Award of Distinction, the 2017 Toronto Lawyers Association Award of Distinction, the 2018 “Lifetime Achievement” award from Euromoney Legal Media Group Americas Women in Business Law and the 2018 Law Alumni Award of Distinction from Western Law. Ms Ponder was also named Canadian Legal Leader of the Year at the 2018 Financial Times Innovative Lawyer Awards.