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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Victoria police warns of text, vacation rental COVID-19 fraud attempts

Frauds appearing online, in text messages and through vacation rentals

Development and building applications in Victoria can now be submitted online

Victoria mayor moves daily update to 2:30 p.m. every weekday

COVID-19: Health care workers seek alternative housing options to prevent families from getting sick

Volunteers, residents and businesses step up to provide frontline workers with alternative housing

Victoria Police see new trends in calls due to COVID-19

Police link jump in domestic, mental health calls to pandemic

BC Parks Foundation organizes virtual picnic for the province

Join a B.C.-wide picnic online Saturday, March 28

Trudeau announces 75% wage subsidy for small businesses amid COVID-19

This is up from the previously announced 10 per cent wage subsidy

COVID-19: A message from the publisher

We will be making some changes to our print editions during these unprecedented times

World update, 9:30 p.m. March 27: Positive news in Korea as U.S. hits 100,000 cases

The United States now has the most coronavirus cases of any country in the world

VIDEO: Penguins roam empty halls of Vancouver Aquarium

COVID-19 has forced the Vancouver Aquarium to close access to guests – leaving room for its residents

COVID-19: Qualicum Beach youngster gets car parade for his sixth birthday

Friends get creative after party cancelled due to ongoing pandemic

Kids get back to learning in B.C., online

Ministry of Education rolls out new tool for school

Nanaimo RCMP ask for help locating 17-year-old girl believed to be with 36-year-old man

Mary Cyprich, missing since Thurday, might be in company of Force Forsythe

67 more B.C. COVID-19 cases, two more deaths in Vancouver region

Positive tests found in Surrey, Langley long-term care facilities

Most Read