HOOPP’s Leadership Team Receives Overhaul, Executives Depart

HOOPP’s Leadership Team Receives Overhaul, Executives Depart
News| July 11, 2025| Monte Stewart
Canada + Apartment Buildings

The Healthcare of Ontario Pension Plan (HOOPP) has announced a significant shakeup of its executive leadership team, with several new appointments and expanded roles for existing leaders.

Linda Halley, who has been with HOOPP for 24 years, has been promoted to chief risk officer. She previously served as interim chief financial officer and has held senior roles in finance. In her new position, she will oversee enterprise, operational and investment risk, as well as corporate strategy.

Halley replaces former CRO Saskia Goedhart. The Globe and Mail reported that Goedhart has left HOOP after spending the past five years with the organization.

Mary Abbott, HOOPP’s chief legal officer, will now also be responsible for public and regulatory affairs, government relations and compliance. She joined HOOPP in 2021 from private practice and brings more than two decades of experience advising pension plans and corporate clients.

Elena Palumbo, the chief human resources officer, will take on additional duties for enterprise communications and corporate services. She joined HOOPP in 2016 and has led the development of the organization’s talent strategy and award-winning learning programs.

Angela Waite, a long-time HOOPP lawyer, has been appointed chief of staff and corporate secretary. In this role, she will support the president and CEO and HOOPP’s board of trustees.

“I have full confidence in our executive team, whose leadership will guide us in delivering on our corporate strategy,” said said Annesley Wallace, president and CEO of HOOPP, who joined the organization in April 2025 from TC Energy.

“Together, we are dedicated to fulfilling our pension promise and strengthening the financial future of Ontario’s healthcare community,”

According to the Globe, COO Tim Shortill has also left HOOPP, after a six-year tenure. However, HOOPP did not name a new COO.

HOOPP ranks among Canada’s largest institutional commercial real estate investors, managing more than $123 billion in assets overall in several sectors and ventures. The pension planserves approximately 478,000 healthcare workers across Ontario.

Pictured: Linda Halley, HOOPP’s new chief risk officer.

Photo: HOOPP

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