Karen has served as Principal of Branksome for the past 18 years and is also CEO of Branksome Hall Global.
March 10, 2017
Principal Appointed to Major Canadian Public Corporation's Board
Principal Karen L. Jurjevich will soon be joining the Board of Directors of Fairfax Financial Holdings Limited, making her one of the first heads of a Canadian Accredited Independent School (CAIS) to be named to the board of a major Canadian public corporation.
Gender parity on corporate boards remains an ongoing topic in Canada and around the world, with rates hovering at about 16 per cent for women holding board roles on S&P/TSX companies. Karen's election as a director of Fairfax will also serve to build on Branksome's reputation and send a strong message about leadership to our girls.
Fairfax is a Toronto-based holding company engaged in property and casualty insurance and reinsurance and investment management. Since its inception in 1985, Fairfax has been led by Chairman and CEO Prem Watsa, parent of Branksome alumnae Christine WATSA McLean'99 and Stephanie WATSA'01. Fairfax holds assets over US$43 billion and its shareholders' equity is US$8.5 billion.
"I have known Karen for a number of years as a parent of two alumnae of Branksome Hall," says Watsa. "I have always been impressed by the sound judgement and vision she brings to her role as Principal and her commitment to helping develop the next generation of women leaders. I have no doubt Karen will be a valuable addition to our board of directors."
Karen will be one of two female directors on the 10-member Fairfax board. Her nomination was communicated to Fairfax shareholders today; Fairfax shareholders will elect directors at their April 20 Annual General Meeting.
"We're extremely proud of Karen's many accomplishments both within and outside the school," says Wayne Barwise, Chair of the Branksome Hall Board of Governors. "She is an innovative leader and role model, who has been unwavering in her commitment to helping young women chart their individual pathways to success."
Karen has served as Principal of Branksome for the past 18 years and is also CEO of Branksome Hall Global. She has successfully led organizational change, introduced the International Baccalaureate (IB) to the school, and founded Branksome Hall Asia in South Korea. She recently graduated from the Stanford Graduate School of Business in California, having completed the Stanford Executive Program. Karen holds a Master of Education from the University of British Columbia and a BA and BEd from Western University. She has also received diplomas in Integrative Thinking and Financial Literacy from U of T's Rotman School of Management.