Economical Insurance announced on Oct. 2 that Robert McFarlane will be joining the company's board of directors, effective Nov. 8, 2019.
"Bob brings a strong background in public company leadership and value creation to the Economical board. Having been one of Canada's top CFOs and a member of several public company boards, he has had extensive experience in corporate strategy, business transformation, corporate finance, mergers and acquisitions, and IPOs," said John Bowey, board chair of Economical. "Bob also has board experience specifically in the P&C insurance space. This is the perfect time to add Bob's skill set to our board, and I am confident that Economical will benefit from the insight and knowledge that he will bring."
Among other roles during his career, McFarlane served from 1994 as EVP, CFO and Secretary-Treasurer of Clearnet Communications. Following the acquisition of Clearnet by TELUS Corporation in 2000, McFarlane served as EVP and CFO of TELUS. He left TELUS in 2012 and has served on various boards, including those of HSBC Bank Canada and Entertainment One Inc.
