PRESS RELEASE – May 31st 2016
CEO Contract Renewed
The Island Corridor Foundation Board of Directors renewed the contract with their current CEO, Graham Bruce today.
The Board cited the importance of continuity and experience and were pleased Bruce accepted the 30 month extension. The last six months of the contract will be a transition period to a new CEO. Much has been accomplished in meeting the ICF goals and objectives however there are critical issues currently before the ICF that require the history and understanding of managing an organization with so many stakeholders.
The Board met with ICF Member Representatives at a Special Meeting asked for by the Regional District of Nanaimo. While a quorum was not achieved ICF Directors did participate in an hour long conversation with the several member reps who attended.
The self- funded not for Profit Independent Corporation made up of First Nation and regional district members has ensured the 319 kilometer of former E&N rail corridors will remain in public hands. The ICF has encouraged the development of trails while pursuing a track infrastructure investment to sustain rail on the Island. Miles of trail have been constructed along the corridors, the Nanaimo Heritage Station has been fully restored and work and planning has begun on the Courtenay and Duncan Heritage Stations.
The ICF is waiting for federal funding sign-off of a multi-party track infrastructure investment plan to restore rail passenger service.
