BC Hydro CEO quits for new job

Seventeen months after moving from the Vancouver Olympics to CEO of BC Hydro, Dave Cobb is leaving the utility at the end of November.

Seventeen months after moving from the Vancouver Olympics to CEO of BC Hydro, Dave Cobb is leaving the utility at the end of November.

BC Hydro chairman Dan Doyle announced Cobb’s departure Wednesday. Cobb is leaving to take a senior management position at the Jim Pattison Group.

Cobb called his new job “an unexpected, once-in-a-lifetime career opportunity with another iconic B.C. company that I simply could not pass up.” He said his decision has nothing to do with the ongoing cost-cutting exercise at BC Hydro that led to the reduction of 550 jobs, with another 150 to come.

Energy Minister Rich Coleman praised Cobb’s work in the review that reduced proposed rate increases by half for the next two years.

Cobb served as deputy CEO for the Vancouver Olympics for six years, prior to succeeding Bob Elton as boss at BC Hydro in May 2010.

Doyle said the search for a new CEO will begin immediately.

“From his first day, Dave championed both a ‘safety first’ and team approach, setting the foundation for a more strategic and cost efficient company,” Doyle said.

Just Posted

Kitimat resident is Conservative choice for fall election

Claire Rattée is a former Kitimat councillor

B.C. BUDGET: Surplus $374 million after bailouts of BC Hydro, ICBC

Growth projected stronger in 2020, Finance Minister Carole James says

Province announces $100-million grant funding for Northwest communities

The Northern Capital and Planning Grant will go to four regional districts and 22 municipalities

LNG Canada sponsors driver’s license training in Terrace, Kitimat

The $80,000 contribution is part of the company’s commitment to hire locally

Prince Rupert Gas Transmission project searches for partners

TransCanada is renewing permits for its natural gas pipeline project to North Coast.

‘Riya was a dreamer’: Mother of slain 11-year-old Ontario girl heartbroken

Her father, Roopesh Rajkumar, 41, was arrested some 130 kilometres away

Searchers return to avalanche-prone peak in Vancouver to look for snowshoer

North Shore Rescue, Canadian Avalanche Rescue Dog teams and personnel will be on Mt. Seymour

Market volatility, mortgages loom over upcoming earnings of Canada’s big banks

Central bank interest hikes have padded the banks’ net interest margins

Hearings into SNC-Lavalin affair start today, but not with Wilson-Raybould

She has repeatedly cited solicitor-client privilege to refuse all comment

VIDEO: 8 things you need to know about the 2019 B.C. budget

Surplus of $247 million with spending on children, affordability and infrastructure

Tilray to acquire hemp food company Manitoba Harvest for up to $419 million

Tilray will pay $150 million in cash and $127.5 million in stock.

Tears, flowers at impromptu memorial for Syrian children killed in Halifax fire

The family had only lived in the Quartz Drive home for a few months

NDP candidates push for stronger climate action as Singh supports LNG Canada

Singh has tried to project unity in the party while facing internal criticism for poor fundraising and low support in the polls

Rod Taylor reflects on 2019 federal election

The Christian Heritage Party is aiming to run 100 candidates in upcoming election

Most Read