Toronto Pearson Announces New Chief Financial Officer

Deborah Flint, President and Chief Executive Officer of the Greater Toronto Airports Authority (“GTAA”), has announced that Gareth D. Jones has been appointed Chief Financial Officer (“CFO”), effective October 5, 2026.

A Canadian executive, Gareth is a strategic CFO with experience in global asset management, investment banking and complex infrastructure, financing and government transactions across the public and private sectors. He has served as a chief financial officer, worked in private equity asset management and advised the Government of Canada on major transactions involving Telesat, the Gordie Howe International Bridge, the Canada Growth fund and the Canadian AI Compute Strategy.

Most recently, Jones served as CFO of Cardone Enterprises, a global consulting and corporate training company, and as CFO of Squeeze Group, a global insurance and utility services firm based in Utah. He also served as a principal with global private equity asset management firm The Carlyle Group. From 2016 to 2018 and from 2021 to 2024, he served as a special adviser to Cabinet and lead negotiator for the Government of Canada on significant transactions involving Telesat, the Gordie Howe International Bridge, the Canada Growth Fund and the Canadian AI Compute Strategy, including a significant investment in Cohere.

His expertise includes infrastructure finance, capital markets and government transactions, as well as liquidity management, debt management, lender reporting, tax strategy and infrastructure credit. Jones is well positioned to support Toronto Pearson as it advances Pearson LIFT and enters its next phase of growth and enterprise development.

“Gareth is joining at a pivotal time as we work with the federal government on its plans to provide institutional capital to airports.  His experience in capital markets and large infrastructure projects will be beneficial as we advance Pearson LIFT, our multi-billion investment capital program,” says Deborah Flint, CEO of Toronto Pearson. “Gareth’s expertise in complex transactions will be critical as we position Toronto Pearson to compete and grow. His appointment provides long-term focus and continuity as Toronto Pearson implements its strategic plan over the coming years.”

Jones succeeds Debbie Simpson, who is stepping down from her role to pursue other opportunities. Simpson joined the GTAA in November 2024 and has been instrumental in strengthening its finance and procurement functions, enabling Toronto Pearson to progress its 10-year strategic plan and prepare for Pearson LIFT. She developed the financial structures that supported the launch of the first three programs under our capital investment program.

Jones will join the organization on October 5, and Simpson will remain available to support the new CFO’s smooth transition.

Kim Stevens

Kim Stevens is the publisher of State Aviation Journal, which he founded in 2009. A longtime commercial-rated pilot, he was introduced to state aviation in 1992 as Director of the Nebraska Department of Aeronautics, later serving as Deputy Division Director for the Arizona Department of Transportation's Aeronautics Division. From 2013 to 2018, he was Director of Communications and Operations for the National Association of State Aviation Officials (NASAO) in Washington, D.C. Relocating to North Carolina, Kim worked for the Raleigh-Durham International Airport for two years and now concentrates solely on the Journal. Prior to his aviation career, Kim spent a decade in the newspaper and magazine business.