Laurentian University has announced the appointment of Vernon Cameron as the incoming chair of its board of governors, effective July 1.
Cameron, a chartered accountant by training, was elected to the position at a June 6 board 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.
Cameron joined Laurentian’s board in April 2022. A press release sent out by the Sudbury school described him as 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.
Since 2021, he's been the president and CEO at Mayhew Performance, a Sudbury-based consulting firm that specializes in battery-electric vehicle technology.
Cameron graduated from Laurentian with a business administration degree in 1984, 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, staff relations, and pension committees.
“I am looking forward to continuing to provide leadership through collaboration, transparency, and respect,” Cameron said in the release. “As a proud alumnus of Laurentian University and the Faculty of Management, I am honoured to serve as chair.”
— Sudbury.com
