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

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

Growth projected stronger in 2020, Finance Minister Carole James says

First residents move into Nuxalk Nation’s tiny homes

Four of the tiny homes are now complete and residents have moved in

Province announces $100-million grant funding for Northwest communities

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

All Native Basketball Tournament Day 5: Recap

Highlights and results from day 5 at the All Native Tournament

‘Our entire municipality is heartbroken’: Seven children die in Halifax house fire

A man and woman remained in hospital Tuesday afternoon, the man with life-threatening injuries

‘Bullet missed me by an inch’: Man recounts friend’s killing at Kamloops hotel

Penticton man witnessed Summerland resident Rex Gill’s murder in Kamloops

B.C. BUDGET: Income assistance raise still leaves many below poverty line

$50 per month increase included in funding for poverty and homelessness reduction

B.C. BUDGET: Indigenous communities promised billions from gambling

Extended family caregiver pay up 75 per cent to keep kids with relatives

B.C. BUDGET: New benefit increases family tax credits up to 96 per cent

BC Child Opportunity Benefit part of province’s efforts to reduce child poverty

B.C. BUDGET: Carbon tax boosts low-income credits, electric vehicle subsidies

Homeowners can get up to $14,000 for heating, insulation upgrades

B.C. man survives heart attack thanks to Facebook

A Princeton man suffered a heart attack while at an isolated property with no cell service

B.C. man sues Maxime Bernier’s People’s Party over trademark

Satinder Dhillon filed application for trademark same day Maxime Bernier announced the new party

Minister says plans to fight poverty, climate change, focus of B.C. budget

The NDP said in its throne speech last week that affordability will be the hallmark of its initiatives

Most Read