Dave Cobb’s resignation as CEO of BC Hydro is already relatively old news, but I thought it deserved at least a little attention here. Here’s Andrew MacLeod’s report for The Hook on Cobb’s resignation:
BC Hydro CEO Dave Cobb has stepped down to take a job with the Jim Pattison Group.
Cobb has been CEO of BC Hydro for 17 months, starting in May 2010. During that time the B.C. government ordered a review of the Crown corporation’s operations that resulted in hundreds of layoffs and cutting proposed rate hikes in half.
More from the CBC, Sam Cooper in The Province, Rod Mickleburgh in the Globe and Mail, and Scott Simpson at the Times Colonist.
Here is BC Hydro’s bio for Dave Cobb, and here is Cobb’s “message to customers” on his resignation:
While I would welcome the opportunity to continue meeting the challenges and opportunities inherent in my role, I’ve been presented with an unexpected, once-in-a-lifetime career opportunity with another iconic B.C. company that I simply could not pass up.
Also, here is COPE 378 President David Black’s statement on Cobb’s resignation:
Mr. Cobb has stated that his decision to leave has nothing to do with the challenges facing BC Hydro, including the policy and workforce directions imposed on the utility by the B.C. government. Mr. Cobb is a well respected businessman and I sincerely wish him well in his future endeavours.
But the fact remains the provincial government told him to cut staff, even though he helms an extremely profitable corporation. He was frank with BC Hydro’s employees about the difficulties wrought by the government’s self-sufficiency policy. He is also the second BC Hydro CEO to leave the crown corporation in as many years.
It’s time for the upheaval and uncertainty to stop. For years BC Hydro has provided British Columbians with low-cost, clean energy and a system that has been the envy of many. I call on the provincial government to end their political interference in our Crown jewel and to reinstate the full oversight powers of the BC Utilities Commission.
Meanwhile, NDP Energy and Mines Critic John Horgan offers up his opinion, and Rafe Mair “speculates wildly” at Common Sense Canadian on Jimmy Patterson’s ambitions. Gary Mason’s take on things in the Globe and Mail is also well worth reading.
I don’t have much to say about Cobb’s resignation myself. I wish him well in his work with Jim Pattison, and perhaps the best thing I could say about his work with BC Hydro is that a lot of the Crown Corporation’s problems weren’t entirely his fault. Politicians are terrible bosses, after all.