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

1955 Vees reign again at Classics hockey tourney in Penticton

The 1955 World Championship Vees took home the Moog Cup at minor hockey tournament

Coming Home: Penticton fire chief and disaster dog return from hurricane-ravaged Bahamas

The pair spent roughly one week on Great Abaco Island assisting in relief efforts

World champion snowmobile racer seeks public’s help after dirt bikes were stolen in Penticton

The bikes, valued at $25,000 and $11,000, were stolen from the back of a locked truck on Sept. 12

Penticton teen cyclist allegedly struck by black Ford truck resulting in hematoma

The incident occurred at the intersection of Westminster Avenue West and Power Street

VIDEO: Vancouver Island mayor details emergency response after fatal bus crash

Sharie Minions says she is ‘appalled’ by condition of road where bus crashed

B.C. VIEWS: Cutting wood waste produces some bleeding

Value-added industry slowly grows as big sawmills close

Fewer trees, higher costs blamed for devastating downturn in B.C. forestry

Some say the high cost of logs is the major cause of the industry’s decline in B.C.

Federal food safety watchdog says batch of baby formula recalled

The agency says it’s conducting a food safety investigation

Road block was costly legal battle for Summerland

Resolving Garnet Valley dispute took six years

UVic president offers condolences after two students killed in bus crash

‘We also grieve with those closest to these members of our campus community,’ Cassels says

Newcomer Ferland lines up with sniper Pettersson as Vancouver Canucks camp opens

Ferland provides more depth and a scoring threat up front, Pettersson says

Intelligence official charged seemed to be ‘exemplar of discretion’: UBC professor

Professor Paul Evans says he served on Cameron Ortis’s doctoral dissertation committee

EDITORIAL: This is our election

It is up to the voting public to identify the issues in the upcoming federal election

Most Read