BC Ferries appoints new president

BC Ferries' board of directors has appointed senior executive Michael Corrigan to replace outgoing CEO David Hahn.

Coastal-class ferries docked at Swartz Bay. New BC Ferries president Michael Corrigan was responsible for the new vessel program and terminal upgrades.

VICTORIA – BC Ferries’ board of directors has appointed senior executive Michael Corrigan to replace outgoing CEO David Hahn, who is leaving at the end of the year.

Corrigan’s salary will be $563,000, if he reaches all the performance and safety bonus targets in his contract. Along with three other senior executives, Corrigan is being paid a lump sum of $200,000 to compensate for the cancellation of BC Ferries’ long-term bonus program.

BC Ferries board chair Donald Hayes said Corrigan’s total compensation will be about 60 per cent of that paid to Hahn, who announced his early retirement in September as part of a cost-cutting program at the Crown corporation. Hahn’s compensation topped $1 million in the last two years, making him the highest-paid public servant in B.C.

Hayes said Corrigan’s former position of chief operating officer is being eliminated, saving BC Ferries about $600,000 a year.

Corrigan joined BC Ferries in 2003 as vice president for business development, where he was responsible for new vessel construction and terminal upgrades.

Transportation Minister Blair Lekstrom said Corrigan’s new salary is within the range of legislation passed by the government this spring amid controversy over Hahn’s salary. Speaking to reporters in Vancouver Tuesday, Lekstrom said he expects there will still be complaints about the pay, which is more than the new CEO of BC Hydro makes.

But the board makes the decision, and legislation passed in 2003 to take the political interference out of BC Ferries operation prevents cabinet ministers from getting involved.

Lekstrom said he is expecting B.C. Ferry Commissioner Gord Macatee’s report on ferry rates to be released soon. Macatee is reviewing the mandate imposed in 2003 to move towards a user-pay ferry system and not allow the profitable large runs to subsidize the smaller routes.

“The biggest question I get is the affordability issue, and Mr. Corrigan recognizes that, and he is going to do, in the discussion I had with him, everything he can to work collaboratively and ensure we have an affordable system,” Lekstrom said.

Listen to audio of Transportation Minister Blair Lekstrom’s comments:

Just Posted

Okanagan residents can win ride in army vehicle

A social media campaign offers the chance to win a ride in the Dragoons armoured vehicle

Reel Reviews: War from both sides of the desk

We say, “Forgive these films their faults and they will be entertaining enough.”

Residents should keep air intakes clear of snow

Silver Star Fire Department is encouraging residens to keep their air intakes clear after snowfall

Habs alumni raise big money for Kelowna hospice

Central Okanagan Hospice Association was the big winner after alumni hockey game

Provincial program offers assistance to agricultural producers

AgriStability Enhancement Program benefits agricultural producers who saw an income decline in 2017

PHOTOS: Icing the competition

Skate Canada 2018 Okanagan Regional Championships skated through Vernon this weekend

Calgary man dies in Mexico following sudden illness

Troy Black was with his wife, Lindsay, in Puerto Vallarta when he began vomiting blood on Thursday

Virtue and Moir break their own world record

Virtue and Moir break short dance record to sit first in ice dance at Olympics

Trump gets angry about election meddling, but not at Russia

‘Weirdest thing’: Trump expresses anger, but not over Russian election-meddling

New doping charge could hurt Russia’s chance at reinstatement

Russia could lose its chance to be reinstated before the end of the Winter Olympics because of a doping charge against curling bronze medallist Alexander Krushelnitsky.

Okanagan Hockey Academy alum nets first Olympic goal in semifinal win

Canada will face the U.S. inwomen’s hockey gold medal final of the 2018 PyeongChang Winter Olympics

‘Black Panther’ blows away box office with $192M weekend

In estimates Sunday, Disney predicted a four-day holiday weekend of $218 million domestically and a global debut of $361 million.

Coquihalla lane closed due to crash

A crash has snarled traffic on the Coquihalla

Canada wins gold in bobsleigh

Justin Kripps and Alexander Kopacz tied for first in two-man event at 2018 Winter Olympics

Most Read