City Announces New Chief Financial Officer

After a national search led by Odgers Canada, the City of Greater Sudbury announced today that Margaret Karpenko will be the City’s new Executive Director of Finance and Chief Financial Officer. 

Margaret spent the last 15 years as the Chief Financial Officer and Treasurer at the City of North Bay, where she was responsible for all financial matters. Prior to that, she held financial and administrative roles at the City of Windsor for several years. 

“I’m excited that Margaret is joining the team here in Greater Sudbury,” said Shari Lichterman, Chief Administrative Officer for the City of Greater Sudbury. “Margaret brings experienced executive leadership, an understanding of our challenges in Northern Ontario, and a strong background in municipal financial stewardship to this critical role on our team.”

In addition to holding a Certified Public Accountant (CPA) designation and a Bachelor of Commerce degree from the University of Windsor, she serves on the board of Asset Management Ontario (AMONTario).

“I’m honoured to step into the role of Executive Director of Finance and Chief Financial Officer and to join the City of Greater Sudbury team,” said Margaret Karpenko. “I look forward to working collaboratively with staff, Mayor and Council to ensure the City is well-positioned to support its growth, advance strategic priorities and embrace future opportunities.”

Margaret will begin her new role on September 2, 2025.

Margaret Karpenko