The House resumed yesterday after a week long break and the top story was the salary of BC Ferries CEO David Hahn. The report generating the intense debate was requested by the Transportation Minister Shirely Bond but she will not be taking any immediate action.

“…the person who requested the review, B.C. Transportation Minister Shirley Bond, said she’s not ready yet to make any changes.

“BCFS executive compensation was significantly higher than that paid by several larger public sector entities,” said British Columbia’s comptroller general Cheryl Wenezenki-Yolland in the 97-page Report on Review of Transportation Governance Models.

“For example, the Chief Executive Officer’s (CEO) total 2008/09 compensation was more than double that of the larger public sector comparators,” it said. “We also found that the performance measures and targets used to determine the incentive bonuses for executives made the bonuses easier to attain than we would have expected.”

In July, B.C. Ferries revealed CEO David Hahn last year made over $1 million and four more executives each made around $500,000. ”

Read the full story from the Tyee.

Read the full  report:  Report on Review of Transportation Governance models

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