Derek Watchorn is presently Event Chair of Polo for Heart, and was previously a member of the Board of Governors and Chairman of ORTECH Corporation (formerly the Ontario Research Foundation) and Chairman of HSC Research Corporation, a subsidiary of the Hospital for Sick Kids.
He recently joined DATA Communications Management Corps, board in June 2016. For the past six years, Mr. Watchorn has been acting as a consultant on several projects, notably as a member of the management committee involved with the redevelopment of the Buttonville Airport land and, until recently, in respect of a joint venture involving a major shopping centre and several other properties in Budapest.
He is a director of Timbercreek Financial Corp., a member of its Audit Committee and Chairman of its Corporate Governance Committee, and held similar positions with Timbercreek Mortgage Investment Corporation until its amalgamation with Timbercreek Senior Mortgage Investment Corporation in June 2016, to form Timbercreek Financial, a TSX listed company. Mr. Watchorn was formerly the President and CEO of Revera Inc. (formerly Retirement Residences REIT) from October 2004 until June 2009. Prior to that, he served in London, England as Executive Vice President of Canary Wharf plc from January 2003 until June 2004 and as Executive Director of TrizecHahn plc from January 1999 until June 2001. Mr. Watchorn was a senior partner of the law firm Davies Ward Phillips & Vineberg LLP, which he joined as a solicitor in 1968 and became partner of in 1970. During the period from 1987 to 2004 (excluding his tenure with TrizecHahn), Mr. Watchorn was a senior advisor to the Paul Reichmann family in Toronto and, in that capacity, during a three year period from 1987 until 1990, served on a seconded basis as Executive Director of Olympia & York Canary Wharf plc. Mr. Watchorn was previously a director of Patheon Inc., a TSX-listed company, until its privatization in 2014.