Joseph Pennachetti’s storied career in municipal public service spans about four decades. He became Toronto’s Chief Financial Officer in 2002 and City Manager in 2008, where he was responsible for the city’s budget until his retirement in 2015. Of his many accomplishments at the City of Toronto, Pennachetti developed the City’s strategic plan for 2014-2018 in order to build on the city’s key achievements from the previous decade, advancing City Council’s vision, mission, and goals for years to come. Under his leadership, the City of Toronto was – and continues to be – recognized internationally for quality, innovation and efficiency in delivering public services and is among the highest ranked cities for tax competiveness, business investment, labour attractiveness and livability.
Prior to joining the City of Toronto, Mr. Pennachetti was the Chief Financial Officer for the regional municipalities of Peel and York, held a senior financial position with the regional municipality of Durham and spent ten years at the City of Edmonton. Mr. Pennachetti was appointed to the Board of Directors for the Ontario Municipal Employees Retirement System Sponsors Corporation in January of 2016. He joined the University of Toronto as executive adviser to the Global Cities Institute and the World Council on City Data and as a Senior Fellow at the Institute of Municipal Finance and Governance in November of 2015.