BC Housing CEO quits, cites growing anger toward policy makers, violence against homeless people

BC Housing CEO quits, cites growing anger toward policy makers, violence against homeless people

BC Housing CEO Shayne Ramsay has announced his retirement, saying he no longer has the confidence he can solve the complex problems facing the agency.The Canadian Press The man who has led BC’s housing agency for 22 years is resigning, saying several recent incidents of violence against homeless people, plus the increasingly threatening environment for … Read more

Pension manager AIMCo paid $3.6-million to departing executives after $2.1-billion loss

Pension manager AIMCo paid .6-million to departing executives after .1-billion loss

Changing the guard at the government-owned Alberta Investment Management Co. (AIMCo) cost the pension manager nearly $3.6-million in termination payments to five former top executives, including its departed chief executive officer. The fund manager lost $2.1-billion on trading strategies linked to market volatility in the spring of 2020, when the early stages of the COVID-19 … Read more

Twitter co-founder Jack Dorsey takes aim at board in series of tweets as it weighs Elon Musk’s takeover offer

Twitter co-founder Jack Dorsey takes aim at board in series of tweets as it weighs Elon Musk’s takeover offer

Twitter CEO Jack Dorsey speaks during a town hall at the Indian Institute of Technology, in New Delhi, India, on Nov. 12, 2018.ANUSHREE FADNAVIS/Reuters Twitter Inc TWTR-N co-founder Jack Dorsey took aim at the social media company’s board in a series of tweets late on Monday as it weighs Elon Musk’s $43-billion takeover offer. Dorsey, … Read more

Twitter says billionaire Elon Musk not joining its board, warns of ‘distractions ahead’

Twitter says billionaire Elon Musk not joining its board, warns of ‘distractions ahead’

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022.POOL/Reuters Elon Musk rejected Twitter Inc’s TWTR-N offer to join its board, a dramatic turn in a week when the billionaire became its biggest shareholder, with the social media company warning of “distractions ahead.” The company’s … Read more