Terrance Royer joined the Board in September 2014 and is Chair of the Corporate Governance and Human Resources Committee and a member of the Audit Committee and the Investment Committee. Mr. Royer has been an influential leader and an active member in the hospitality industry for more than 35 years. As one of the founders of Royco Hotels & Resorts, he grew the company in Canada, the U.S. and abroad through various mergers and acquisitions as well as creative joint ventures. During that time he also co-founded the Canadian Institute of Tourism (Conference Board of Canada), and served on for-profit and not-for-profit boards in various capacities. Mr. Royer is currently an active board member at Corus Entertainment Inc., and is Chairman Emeritus of the University of Lethbridge. His awards include the Queen's Jubilee Medal for Service to the Citizens of Canada and the Centennial Medal for Citizenship by the province of Alberta.