Women On Board

Director Profile

Sarah Raiss D100 ICD.D

Board Value Proposition: 

HR and Compensation Expertise and M&A Integration

  • Helped create and teach the Human Resources and Compensation Committee effectiveness course for the Institute of Corporate Directors
  • Part of executive leadership team that led merger integration and turnaround of TransCanada after difficult merger of equals; process improvements, creation of new vision, values, and strategy, and improved employee engagement from bottom of the bottom quartile to the top decile, winning multiple awards and recognition for sustainability, top employer, top diversity employer, and top employer for new Canadians; personal efforts led to significant cost reductions (over 50%).
  • Completed the successful merger integration of three electric utilities from creation of vision and strategies to implementation of all new governance and support function processes and systems, and HR policies and procedures.

Strategy, Organizational Transformation, and Restructuring

  • Selected by Chairman of Ameritech  for breakthrough leadership assignment to re-create the company from vision, values, culture, strategy, new structure, processes, systems, governance, marketing, human resources and compensation, and operations. 
  • Work resulted in creation of new business unit.

Operations and IT Leadership

  • At TransCanada managed budget of over $200 million and front-line staff of between 600 and 1,100.
  • Led the operations and IT functions at Ameritech, with a budget of $55 million and 650 staff,  implemented cost savings and process improvements with front-line union employees in Chicago, Detroit, and Cleveland. 
  • Led the product development of four new products representing $35 million in annual revenue potential; increased profitability of an existing product by 50%.
  • Devised a new planning technique for fiber facilities and metropolitan facility networks.

Industry Experience: 

  • Commercial & Professional Services
  • Research & Consulting Services
  • Energy
  • Integrated Oil & Gas
  • Oil & Gas Storage & Transportation
  • Materials
  • Diversified Metals & Minerals
  • Telecommunications Services
  • Integrated Telecommunications Services
  • Utilities
  • Multi-Utilities

International Experience: 

  • Singapore
  • United Kingdom
  • Canada
  • United States

Board Experience:

Corporate Boards:

Ritchie Bros. 2016 to Present
Member
Loblaw Companies Limited 2014 to Present
Governance and HR Committee
Vermilion Energy Inc 2014 to Present
Governance and HR Committee
Health, Safety and Environment Committee
Canadian Oil Sands 2012 to Present
Chair, Corporate Governance and Compensation Committee
Audit Committee
Commercial Metals Company (USA) 2011 to Present
Chair, Compensation Committee
Nominations and Governance Committee
Audit Committee (Past)
Alberta Electric System Operator (AESO) 2012 to 2015
Chair

Additional Boards:

Institute of Corporate Directors, National Board 2012 to 2015
Member
Calgary Petroleum Club 2005 to 2014
President
Chair of Audit Committee, Strategic Planning Committee, Membership Committee
Treasury Board of Canada, Advisory Council on Executive Compensation and Retention 2001 to 2010
Member
Business Development Bank of Canada 2008 to 2013
Chair of Human Resources Committee
Audit Committee
Nominations and Governance Committee
Harvard’s Kennedy School Women’s Leadership Board 2006 to 2009
Member
University of Calgary, Management Associates Council 2002 to 2006
Member

Biography: 

TransCanada Corporation 1999 to 2011
Executive Vice President, Corporate Services
Executive Vice President, Human Resources and Public Sector Relations
Senior Vice President, Human Resources and Public Sector Relations
SE Raiss Group Inc. 1994 to 1999
President, focus on M&A, Strategy and Organizational Transformation consulting
Ameritech 1989 to 1994
Vice President, Customer Service and Support
Director, Corporate Strategy
Michigan Bell 1979 to 1987
Product Manager, Transportation and Information Services
Manager, Long Range Technology and Facility Planning
Engineer

Education: 

ICD.D, Institute of Corporate Directors, 2005
MBA, University of Michigan, 1987
BSc (Hons. Appl. Math), University of Michigan, 1979