TransLink is shaking up its executive ranks following the victory of the "no" side in the Metro Vancouver transit referendum.
First of all, the regional transportation authority is replacing its interim CEO with an acting CEO next month.
Secondly, TransLink has let go of two top executives: Doug Kelsey and Bob Paddon.
In the year ending on December 31, 2013, Kelsey was paid $335,230 for overseeing B.C. Rapid Transit Company.
Paddon was paid $276,487 in 2013 as TransLink's vice president planning and stakeholder relations.
Figures have not yet been released for 2014.
TransLink issued today (July 14) the following statement:
TransLink has named 30-year SkyTrain veteran Mike Richard acting president and general manager of BC Rapid Transit Company. Doug Kelsey is no longer with the organization.
TransLink continues to reduce executive salary costs. The position of Executive Vice President Planning and Stakeholder Relations has been eliminated. Bob Paddon is no longer with the organization.
Since 2011, staffing costs across the TransLink enterprise have been significantly reduced though downsizing at the management and executive level and the subsequent elimination of positions.
When Interim CEO Doug Allen leaves the organization on August 10, TransLink CFO Cathy McLay will become Acting CEO until a permanent CEO is in place. In addition to her new responsibilities, McLay will maintain her current role and her responsibilities as executive sponsor for Compass.
The executive search for a new CEO is well underway.