Dr. Cooper is Chief Economist of BMO Capital Markets, a role that has been broadened to include the combined responsibilities for economic forecasting and analysis, as well as country- and industry-risk assessment for the bank's Risk Management Committee and for the Risk Review Committee of the Board of Directors. Dr. Cooper presents her economic analysis to the Bank of Canada, as well as consults with federal and provincial government officials regarding budgets and policy.
Dr. Cooper maintains a highly visible presence in the major business communities and North American print and broadcast media. She is a media spokesperson for the bank on economic and financial issues, and travels extensively throughout Canada, the U.S., Europe and Asia giving more than 100 speeches and presentations each year. She provides expert testimony to government bodies at the federal and provincial levels and is well known for her multi-media slideshows and her dynamic presentation style. She also writes and oversees numerous daily, weekly and monthly publications.
Dr. Cooper makes regular appearances on CNBC, Bloomberg TV, Bloomberg Radio and Bloomberg News. She is often quoted in the print media including all the Canadian newspapers, as well as the Wall Street Journal, the New York Times, Business Week and Investors Business Daily. An author, Dr. Cooper has written three best selling books, The Cooper Files, published in 1999; Ride the Wave, published in 2001. Her third book, released in January 2008, is The New Retirement: How It Will Change Our Future.
EXECUTIVE VICE PRESIDENT, GLOBAL ECONOMIC STRATEGIST, BMO Financial Group
CHIEF ECONOMIST, BMO Nesbitt Burns and BMO Capital Markets (Since 1994)
Dr. Sherry Cooper directed a top-ranking economics team of 16 professionals who provided analyses and forecasts of the global economy and financial markets for the trading operations of the BMO Financial Group and its retail, institutional, corporate and government clients.
Previous Business Experience
CHIEF ECONOMIST AND DIRECTOR (1983 to 1994)
VICE CHAIR (1994)
Burns Fry Limited, Toronto, Canada
Dr. Cooper led a group of 12 professionals who analyzed and forecasted Canadian and U.S. economic and financial developments in a global context for institutional and corporate clients and trading operations. She was a consultant to corporate boards and foreign central banks, and regularly testified before federal and provincial government bodies.
Dr. Cooper also provided forecasts for Security Pacific National Bank and Bank of America (shareholders in Burns Fry) and their trading operations, published several well-known economics reports and made more than 200 speeches and presentations worldwide each year. She appeared regularly on television news programs and was frequently quoted on radio and in Canadian and U.S. business press.
In a parallel role, Dr. Cooper headed the development of fixed income research and systems capabilities for Burns Fry's bond and money market operations globally.
CO-HEAD GLOBAL FIXED INCOME (1989 to 1993)
Burns Fry Limited, Toronto, Canada
In addition to her responsibilities as Chief Economist, Dr. Cooper led all fixed income sales and research operations worldwide. Operations reporting to Sherry included the capital markets groups in London, New York, Toronto, Montreal, Vancouver and Tokyo.
DIRECTOR OF FINANCIAL ECONOMICS (1982 to 1983)
Federal National Mortgage Association, Washington, D.C.
During her year with FNMA, Dr. Cooper monitored and projected U.S. financial market developments, Federal Reserve and Treasury operations, Federal budget activities, and the monetary and credit aggregates. She prepared interest rate forecasts for the Asset and Liability Committee and analyzed developments in housing and capital markets.
ECONOMIST (1977 to 1982)
Board of Governors of the Federal Reserve System, Washington, D.C.
Dr. Cooper served more than five years at the Federal Reserve Board during which time she did extensive research in monetary policy and financial institution analysis and regulatory policy regarding the savings and loan associations and the banking system. She presented her analysis of money and capital markets to the Board of Governors at regular weekly briefings.
During the credit control period of 1980, Dr. Cooper served as Special Assistant to Chairman Paul Volcker, a business relationship she maintains today. Mr. Volcker endorsed her second book, Ride the Wave.
Education
Ph.D., University of Pittsburgh, 1978
M.A., University of Pittsburgh, 1976
B.A., Goucher College (Baltimore, Md.), 1972
Bond Analysis and Portfolio Management Certificate, University of Illinois, 1989
Honours
Dr. Cooper has been consistently ranked among the top Canadian economists in GDP and interest rate forecasting by an independent U.S. surveyor of Canadian institutional accounts. In 2002, BMO Nesbitt Burns Economics was ranked the number one economics team on Bay Street. Her other professional awards include second place for the Irving Fisher Dissertation Prize of the American Economic Association in 1980, and the Merit Award of the Board of Governors of the Federal Reserve System in 1978.
She has received numerous academic honours and scholarships, including the Provost's Graduate Scholarship (1974), the Mellon Fellowship (1974), and Teaching Assistantships (1972-1974) at the University of Pittsburgh where she maintained a 4.0 (out of 4.0) GPA. Other academic citations included election to the Phi Beta Kappa National Honour Society, Magna Cum Laude, and the Eleanor Voss Prize at Goucher College in 1972 for graduating first in her class.
Awards
U.S. Banker Magazine, 25 Women to Watch, annual ranking of the 25 Most Powerful Women in Banking (October 2006).
Women's Executive Network Top 100, Canada (Since its inception in 2004).
Top 100 Women Hall of Fame (2007).
Bloomberg News Award for the Top GDP Forecaster (2002).
National Post's 3rd Most Influential Woman in Canada (2002).
Top 50 Power Women, National Post, 2001-2003.
Most Highly Quoted Economist in Canada (1994-2002), Cormex Research counting broadcast and print media hits.
John Molson School of Business, Concordia University (Montreal, Quebec) - Award of Distinction (2001) in recognition of her outstanding contribution to the world of business and to the community.
Publications
The New Retirement: How It Will Change Our Future (Toronto: Penguin Publishers, January 2008).
Ride The Wave - Taking Control in the Acceleration Age (Toronto: Financial Times Prentice Hall, 2002).
The Cooper Files (Toronto: Key Porter Publishing, 1999).
National Post, bi-weekly column (1999‑2005).
Introduction to International Trade and Finance, with Dr. Norman C. Miller (Pittsburgh, University of Pittsburgh Press, 1974).
Dr. Cooper has authored many articles in academic economics journals, including the Journal of Money, Credit and Banking, Southern Economic Journal, The American Economist and the Federal Reserve Bulletin, as well as extensive BMO Financial Group publications.
Community Activities
Ontario Advisory Council for Investment and Trade, Provincial Appointee to the newly formed senior-executive council to advise the Premier and the Minister of Economic Development and Trade, Chaired by Ernie Eves (March 2007-present)
Sunnybrook Health Sciences Centre Foundation, Treasurer and Vice-Chair. Chair of the Audit Committee (2006‑present). Slated to be Chair of the Board of Directors (September 2008 for two years).
Science Without Borders (Science sans Frontières), Board of Directors, raises money to support the International Consortium on Drug Development (ICAV), which develops and delivers anti-viral drugs for neglected and emerging infectious viral diseases, (2007‑present).
American Chamber of Commerce in Canada, Advisory Board, (2003‑2007).
Israel Bond Canada, Board of Directors, (2004‑present).
Temple Sinai Foundation, Chair, Investment Committee (2006‑present).
Canadian Ditchley Foundation, Board of Directors, (2001‑present).
The Fraser Institute,Board of Trustees (1999‑present)
INNET, Founding Member and Chair of Executive Committee, (1990-2007) - a group of 70 women at the top of their fields in business, government, and the arts.
Mt. St. Vincent University, President's Advisory Council of Women Business Leaders, Halifax (2001).
BCNI (now the Canadian Council of Chief Executives), Advisory Board Member, (2000).
Bishop Strachan School, Board of Directors, Toronto (1992‑1995).
Leo Baeck School, Board of Directors, Toronto (1987‑1988).
Temple Sinai Congregation, Board of Directors, Executive Committee (1987‑1996)
Memberships
NABE - National Association of Business Economics
United Way Leadership Giving Executive Committee (1995-2001)
Harvard Business School Club
Former member of the Barron's Economic Roundtable
Personal Interests
Fitness, Health, Weight Training and Aerobics
Dual Citizen: U.S. and Canada
Married to Peter J. Cooper
Son, Stefan Atkinson, b. 1980
|