Grace Lee Reynolds
CEO

Grace Lee Reynolds
CEO
Grace Lee Reynolds is CEO of MaRS, leading the organization through its next phase of growth and impact. With nearly 30 years of experience in the public, private and philanthropic sectors, Grace is passionate about fostering economic potential and social impact through innovations and placemaking.
Grace has been a key leader at MaRS for more than a decade, previously serving as CFO of MaRS Discovery District and president of MaRS Discovery Enterprises. She played a pivotal role in transforming MaRS into a globally recognized innovation hub, helping develop and scale the 1.5-million-square-foot MaRS Centre, driving its social purpose business model and advancing early-stage investment funds and innovation programming. Most recently, as head of development and programming, she oversaw the strategies and activities essential to MaRS’ mission reach, growth and financial sustainability.
Since 2010, MaRS-supported ventures have collectively raised $19 billion in capital, generated $11.5 billion in net revenues and contributed $29.6 billion to the GDP. MaRS ventures currently employ 33,000 individuals across a range of sectors — a testament to their innovation, resilience and impact.
Beyond MaRS, Grace served as CEO of Toronto Artscape, a social enterprise operating unique spaces and programs for creatives across Toronto. Prior to that, she spent 15 years in finance leadership roles at major Canadian academic hospitals, including SickKids Foundation and University Health Network, where she worked across clinical operations, corporate services and fundraising. She began her career in the entrepreneurship services group at Ernst & Young.
Her diverse interests span the intersection of science, technology, arts and inclusive innovation, reflecting her belief that Canada needs robust infrastructure to drive economic well-being for future generations. Grace’s extensive background includes expertise in strategy, finance, fund and partnership development, commercial operations, and people leadership in both scaling enterprises and large complex organizations.