Teranet Announces Elgin Farewell’s Retirement as Chief Executive Officer

He will continue to lead Teranet as President and CEO while the Board of Directors completes the search for his successor.

Elgin Farewell joined Teranet in 1997 and has held several leadership positions before becoming President and CEO in 2013. During his time as CEO, he helped modernize land registration services and strengthened the company's long-term partnerships with government agencies.

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Under his leadership, Teranet expanded beyond land registry services into property data, technology, and workflow solutions. Today, the company supports land registry operations in Ontario and Manitoba and provides property intelligence, data, and digital services to customers across Canada's real estate sector.

“It has been a true privilege to have been part of a company that has, in partnership with government, transformed an industry,” said Elgin Farewell, President and CEO of Teranet. “I am proud of what our teams have built together and grateful for the commitment and expertise that define this organization. I remain focused on supporting our people, customers, partners and stakeholders as Teranet prepares for its next chapter.”

“As Teranet’s long-term owner, OMERS Infrastructure has seen firsthand the scale and resilience of the business the Teranet team has built under Elgin’s leadership, and the important role it has played in helping OMERS deliver on its pension promise to members,” said Peter Gray, Senior Managing Director and Head of Americas, OMERS Infrastructure. “We thank Elgin for his stewardship and lasting contribution to Teranet.

“It has been a true privilege to have been part of a company that has, in partnership with government, transformed an industry,” said Elgin Farewell, President and CEO of Teranet. “I am proud of what our teams have built together and grateful for the commitment and expertise that define this organization.

“Elgin’s leadership has been instrumental in building Teranet into the strong, resilient organization it is today,” said Andrea Bolger, Chair of Teranet’s Board of Directors. “The Board is deeply grateful for his dedication, judgment and lasting contribution and we are committed to managing this planned succession process thoughtfully to support continuity for employees, customers, partners and stakeholders.”

About Teranet

Founded in 1991, Teranet is a Canadian company that provides land registry services, property data, and technology solutions. It is a leader in modernizing statutory registry systems across Canada. The company also offers property intelligence and data solutions to customers in real estate, financial services, government, utilities and the legal sector.

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