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AGCO confirms departure of CEO Mungham

News

The Alcohol and Gaming Commission of Ontario (AGCO) has announced that Tom Mungham is to step down from his role as chief executive and registrar later this year.

Mungham will take up retirement in the autumn but remain in both roles and support the organization with its search for a replacement until that time.

Having joined AGCO in 2006 as director of licensing in registration, he went on to become its chief operating officer before assuming his current roles in 2020.

During his tenure as CEO, Mungham oversaw a number of major initiatives in the Canadian province including the development and regulatory oversight of Ontario’s new online gambling market, which opened in April last year.

Prior to joining AGCO, Mungham worked in the Ministries of Correctional Services and Solicitor General before moving to the Ontario Provincial Police, serving in a number of key capacities such as chief financial officer and commander of business and financial services.

“On behalf of the board and staff, I want to thank Tom for his tremendous contributions throughout his 17-year career at the AGCO, and most importantly, for his exceptional leadership as our registrar and CEO,” AGCO chair Lalit Aggarwal said.

“We extend him our deepest appreciation for his guidance in fulfilling AGCO’s mandate with unwavering commitment to the values of integrity, respect, accountability, and public interest. We wish him the very best for this next, well-earned chapter.

“The board of directors has begun its search for Tom’s successor. To ensure a thorough and professional search for qualified candidates, the board has engaged an executive search firm to support this undertaking.”