The Compensation Fund Board meets a minimum of six times a year, during which claims against the Fund are reviewed and approved or rejected. Decisions made by the Board of Trustees can only be appealed before the Licence Appeal Tribunal (LAT).
The 2022-2023 Board of Trustees are:
| Name |
Position |
| Matt Rispin, Chair |
Dealer Representative, North Toronto Auction |
| Wennie Lee, Vice Chair |
Public Representative |
| Mary Ann Lamb, Secretary/Treasurer |
Ministerial Appointee |
| Curtis Biggs |
Dealer Representative, Mazda of Newmarket |
| George Nikolov |
Ministerial Appointee |
| Guy Vigliatore |
Dealer Representative, Scarboro Subaru |
| John Raymond |
Public Representative, Dealer Solutions Mergers and Acquisitions (DSMA) |
| Julius Suraski |
Ministerial Appointee |
| Paul Stock |
Dealer Representative, Carloan IQ/AutoIQ |