Shell corporation?

Columbia Power Corp. is missing more than just three senior officials. Last week, we told you the Crown had yet to hire a new president and chief executive officer, chief financial officer and operations vice-president. But, according to chair Lee Doney, in the past fiscal year "several" other employees "also left Columbia Power for other opportunities, or retired." But "due to fiscal restraint, most positions have not been refilled. Management is working diligently to address these matters." Mr. Doney made that disclosure in the Crown's most recent annual report.

Leave a comment

Copyright © 2004 - Public Eye Mediaworks. Reproductions of any portion of this Website are permitted only with the expressed permission of Public Eye Mediaworks.
Canadian Web Hosting graciously provided by dotcanuck Web Services. Layout and graphics courtesy of Art Department Design.