Onex Corporation Welcomes New Leadership in Finance
Onex Corporation (TSX: ONEX) has announced an exciting change in its financial leadership. Megan McClellan is set to become the new Chief Financial Officer following the release of the company’s 2025 annual results in the early months of 2026. This progressive appointment comes as the current CFO, Chris Govan, steps down after a commendable 27-year tenure with Onex, ensuring a smooth transition.
Megan McClellan: A Seasoned Financial Leader
Megan McClellan brings over 23 years of valuable experience in asset management and capital markets, establishing herself as a formidable force in the financial sector. Known for her ability to translate strategies into tangible outcomes, McClellan possesses a distinctive combination of financial rigor and a growth-focused mindset. These skills have allowed her to drive various key initiatives, including the expansion of alternative credit offerings and the improvement of operating performance.
Prior Experience
Prior to joining Onex, McClellan served as the Chief Strategy Officer at TCW, where her leadership was instrumental in implementing the firm's strategic plans and growth strategies. Additionally, she enjoyed a prolific career at J.P. Morgan, taking on senior roles such as CFO of Asset Management and Global Head of Private Credit. McClellan's career began as a fixed income trader and portfolio manager, providing her with a well-rounded background in finance.
Leadership Perspectives
“I am thrilled to welcome Meg to Onex,” said Bobby Le Blanc, President and CEO of the company. He expressed confidence in McClellan's expertise, emphasizing that her insights into finance and strategy will significantly enhance Onex's growth trajectory.
Megan expressed her enthusiasm for this new role, stating, “Joining Onex comes at a crucial time for both the business and the industry. The company’s impressive track record resonates with me, and I am excited to work with the talented team here to enhance stakeholder value and long-term shareholder returns.”
Recognition of Chris Govan’s Contributions
Bobby Le Blanc also took a moment to acknowledge the significant contributions of Chris Govan, voicing gratitude for his exemplary leadership during his long-lasting commitment to Onex. “Chris has been a pivotal part of our success story, and I’m glad he will remain involved in a capacity that supports our journey forward,” said Le Blanc.
About Onex Corporation
Onex is a prominent investment firm, committed to managing capital for its shareholders and clients worldwide. Founded in 1984, Onex is renowned for its ability to generate value for investors, which includes a diverse array of clients such as public and private pension plans, sovereign wealth funds, banks, insurance companies, family offices, and high-net-worth individuals. The company manages approximately $55.9 billion in assets, out of which $8.4 billion represents Onex’s own investments.
Global Reach and Influence
With offices strategically located in Toronto, New York, New Jersey, and London, Onex boasts a vast network, allowing it to leverage opportunities across various platforms. The company remains committed to its mission of creating value for its investors and stakeholders alike, and Megan McClellan’s appointment is poised to drive this mission further.
Frequently Asked Questions
Who is the new Chief Financial Officer of Onex Corporation?
Megan McClellan has been appointed as the new CFO of Onex Corporation, effective after the release of the 2025 annual results in February 2026.
What experience does Megan McClellan bring to Onex?
Megan has over 23 years of experience in asset management and capital markets, having previously served as Chief Strategy Officer at TCW and held senior roles at J.P. Morgan.
What will happen to Chris Govan after his departure?
Chris Govan will step down as CFO but will continue to be part of the Onex leadership team to ensure a transition in responsibilities.
What is Onex Corporation known for?
Onex Corporation is known for investing and managing capital for a broad range of clients globally, with a tradition of creating value and fostering growth since its establishment in 1984.
Where are Onex Corporation's offices located?
Onex operates offices in Toronto, New York, New Jersey, and London, enhancing its ability to manage investments effectively across various regions.
