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

UPDATE: Tsunami warning cancelled for coastal British Columbia

Warning issued following 7.9 earthquake off Kodiak, AK

Grizzlies split weekend effort against Wranglers

Revelstoke remains first in the conference with 55 points

New development in missing plane near Revelstoke

The family of Ashley Bourgeault believe they have found a new clue

Palumbo nets win in KIJHL debut with Golden Rockets

Female goalie believed to be league’s first to play a full game and win

Outdoor school to start registration

Parents can enrol their children in the new program for South Canoe on Feb. 1.

VIDEO: Mt. Begbie to feature experimental brews in new tasting room

Last year Mt. Begbie won brewery of the year at the Canadian Brewing Awards in Ottawa

Slayer adds Penticton to North American tour

Slayer adds the South Okanagan Events Centre as a stop on their last tour

‘Shape of Water’ producer, Christopher Plummer among Canadian Oscar nominees

Guillermo del Toro film about merman romance earns 13 nominations

Vancouver Canucks confirm participation in NHL Young Stars

Canucks confirmed participation, at least for this year, in the NHL Young Stars event in Penticton

Canada, TPP agrees to revised deal without the United States

Canada and the remaining members of the Trans-Pacific Partnership have agreed to a revised trade agreement

Tsunami warnings 101: Canada

Here are some things to know about tsunami alerts in Canada and how they work

Rogers Media cuts ties with Vice Canada

Rogers Media and Vice Canada are ending their three-year-old partnership, pulling Viceland TV channel off the air

Snowfall warnings for mountain passes

Lots of snow expected to fall today.

Most Read