Laurentian University has announced the appointment of Vernon Cameron as the incoming chair of its board of governors, effective July 1.
Cameron was elected to the position at a June 6 board of governors meeting for a two-year term, ending June 30, 2025.
This after current board chair Jeff Bangs announced earlier this month he was stepping down at the end of his current term, which is up on June 30.
Bangs said he was resigning for personal reasons, including health reasons and his personal relationship with LU’s new general counsel.
At the upcoming June 16 Laurentian board of governors meeting, there is also a resolution on the table to elect James Gallagher as vice-chair of the board for a period of one year, commencing July 1 and ending June 30, 2024.
The incoming board chair, Cameron, joined Laurentian’s board in April 2022. A press release said he is an accomplished executive, having spent the last 19 years in the U.S. in the public and private sectors.
Cameron spent 12 years leading private equity companies in president and chief executive officer roles.
For Cameron, Laurentian University is a constant through his family, with his father, son, daughter and Cameron himself all having graduated from Laurentian, the press release said.
After graduation from Laurentian in 1984, Cameron became a chartered accountant in 1986 and received his executive MBA from the Katz School of Business at the University of Pittsburgh in 2008.
He has served on multiple board committees including, executive, audit, finance, property development and planning committee, staff relations, and the pension committee.
“I am looking forward to continuing to provide leadership through collaboration, transparency, and respect,” said Cameron. “As a proud alumnus of Laurentian University and the Faculty of Management, I am honoured to serve as chair.”
Editor's note: This story previously had an incorrect date for when Cameron joined the board. This has been corrected for the record.
