For a comparatively small Crown, Columbia Power Corp. seems to be having a tough time filling its biggest job. Last week, we reported Columbia Power - which had $24.28 million in expenses during fiscal 2009/10 - expects the search process to find a new president and chief executive officer will conclude by September 1. That will be 14 months after Barry Chuddy resigned from the position to spend more time with his family. By comparison, it took just six months for BC Hydro Corp. - which had $3.65 billion in expenses during the same fiscal year - to replace Bob Elton as the Crown's president and chief executive officer. This, after it was announced Mr. Elton would be "transitioning to a new role as special advisor to the BC Hydro Board and executive chair of Powertech."
July 20, 2010