2024-2025 (July 1, 2024, to June 30, 2025)
| Name | Type | Position |
|---|---|---|
| Ryan Clarke | Member | |
| Megumi Harada | Member | |
| Barry Hill | Member | |
| Natalia Lishchyna | Member | |
| Ben Menka | Member | |
| Kevin Nye | Member | Vice-Chair of the Committee |
| Wayne Purboo | Member | |
| Jennifer Rowe | Member | |
| Silvia Stankovic | Member | |
| Lance Trumble | Member | |
| Jane Allen | Ex Officio | Chair of the Board |
| Stephen Elop | Ex Officio | Chair of the Committee and Vice-Chair of the Board |
| David Farrar | Ex Officio | President and Vice-Chancellor |
| Susan Tighe | Ex Officio | Provost and Vice-President (Academic) |
| Dina Brooks | Ex Officio | Executive Vice-Dean and Associate Vice-President Academic (Health Sciences) |
| Andy Knights | Ex Officio | Vice-President (Research) (Acting) |
| Saher Fazilat | Ex Officio | Vice-President (Operations and Finance) |
| Lili Litwin | Ex Officio | Vice-President (University Advancement) |
| Ehab Kamarah | Consultant | Associate Vice-President and Chief Facilities Officer |
| Omer Ahmed | Consultant | Associate Vice-President and Chief Financial Officer |
| Debbie Martin | Consultant | Associate Vice-President, Real Estate, Ancillary Services and Partnerships |
| Melissa Pool | Observer | Associate Vice-President, Finance and Planning (Academic) |
| Anna Purina | Observer | Chief Internal Auditor |
Terms of Reference
The Planning and Resources Committee shall be composed of not fewer than five members of the Board in addition to the Chair and the Vice-Chair(s) of the Board, the Chair of the Audit and Risk Committee, the President, the Provost, and Vice-Presidents (or a designated delegate) as ex officio members. One-half of the membership of the Committee, excluding the President and Vice-Presidents, shall constitute quorum.
The primary responsibilities of the Planning and Resources Committee are:
Financial Affairs
- Provide oversight of the financial affairs of the University and keep the Board informed thereon;
- Approve financial expenditures as required by the Approval and Signing Authority Policy;
- Review, at least once annually, interim financial statements in comparison with budgets;
- Review final annual budgets and make recommendations to the Board;
- Review and oversee the establishment of adequate financial controls to ensure the implementation of policies and decisions adopted by the Board, including budgetary matters;
- Provide oversight of investment policies and the management of McMaster’s investments and delegate such responsibilities as it sees fit to the University Administration in the implementation of established policies;
- Recommend to the Board of Governors the establishment and collection of fees and charges for tuition on behalf of any entity or organization of the University.
Capital Planning and Construction
- Review and approve plans for capital expenditures and all matters relating to building, expansion, maintenance or alteration of the physical resources of the University, as required by the Approval and Signing Authority Policy;
- Review and approve the award of contracts and the selection of professional consultants;
- Ensure capital projects and expenditures are within the resources of the University;
- With the approval of the Board, determine limits within which authority for commitment of funds may be delegated to University officials.
- When making decisions regarding building on campus, the Committee will consider factors that impact the aesthetic quality of campus, as well as the surrounding community.
The Committee shall be responsible for reviewing projects and proposals with consideration to both financial and planning aspects of University business.