Former B.C. Hydro CEO earns half a million without working a single day

Jessica McDonald bc hydro ex-president

VANCOUVER -

Former B.C. Hydro president and chief executive officer Jessica McDonald received a total of $541,615 in compensation during the 2017-2018 fiscal year without having worked a single day for the Crown corporation.

She earned this money under a compensation package after the in-coming New Democratic government of John Horgan fired her. The previous B.C. Liberal government named her president and CEO of B.C. Hydro in 2014, and McDonald was a strong supporter of the controversial Site C dam project now going ahead following a review.

The current New Democratic government placed her on what financial disclosure documents call “salary continuance” effective July 21, 2017 — the day the government announced her departure.

According to financial disclosure statements, McDonald remained on “salary continuance” until Sept. 21 of this year. During this period, she earned $272,659, a figure that includes benefits, pension and other compensation.

McDonald — who used to be the deputy minister to former premier Gordon Campbell — is now working for Canada Post, which appointed her as interim president and chief executive officer in March.

She started in her new role on April 2, 2018, and now finds herself in the middle of managing a postal carrier strike.

Related News

tunisia solar panels

ABO to build 10MW Tunisian solar park

TUNISIA - ABO Wind has received a permit and a tariff for a 10MW photovoltaic project in Tunisia which it plans to build and commission in 2020.

The solar park, in the governorate of Gabes, is 400km south of the country’s capital Tunis.

The developer said it plans to build the project next year in close cooperation with local partners.

ABO Wind department head Nicolas Konig said: “The solar park will produce more than 18 million kilowatt hours of electricity per year and will feed it into the grid at a distance of 2500 metres.”

The developer will conclude an electricity supply contract with…

READ MORE
Three Gorges Dam

EDP Plans to Reject $10.9 Billion-China Three Gorges Bid

READ MORE

bulgaria korea nuclear

KHNP is being considered for Bulgarian Nuclear Power Plant Project

READ MORE

wind power jobs

Leading Offshore Wind Conference to Launch National Job Fair

READ MORE

ontario hydro

Ontario will not renew electricity deal with Quebec

READ MORE