Monday, January 7, 2019
The Board of Directors of the Metro Toronto Convention Centre Corporation (MTCC) today shared the succession plan and appointment of General Manager Lorenz Hassenstein to the position of President & CEO as Barry Smith will resign on February 1, 2019.
Mr. Hassenstein joined the convention centre in the position of General Manager one year ago, bringing more than 23 years of experience in general management, trade/consumer event management and strategic business development. He came to Toronto from Philadelphia, where he was General Manager of the Pennsylvania Convention Center. He has also held various senior leadership positions in the exhibition and event industries, including ten years as Vice-President and General Manager with Reed Exhibitions.
“Lorenz has deep industry experience, a track record of strong performance, and is a good fit with our organization,” said Harald Thiel, Chair of MTCC’s Board of Directors.
Barry Smith led the MTCC to become one of North America’s most successful and profitable convention facilities. Over his term as President & CEO, revenues at the convention centre have more than doubled and generated a record-breaking $594 million in economic impact; the largest contribution to the City of Toronto and the Province of Ontario in the facility’s history.
“Barry is known and recognized for his extraordinary contributions and advancement of the business events, tourism and hospitality industries in Canada,” said Mr. Thiel. “MTCC customer satisfaction ratings have never been higher. As Barry departs, he will leave us with an assembly of top-notch professionals to continue achieving success.”
The Board thanks him for his exemplary leadership over the last 20 years, which has been instrumental in placing Toronto on the world stage as a top destination for meetings and conventions.