Board of directors
Board leadership at BC Hydro
The board is appointed by the Lieutenant-Governor in Council and is responsible for overall direction. Day-to-day leadership and management of the corporation is delegated to the Chief Executive Officer.
The B.C. provincial government appointed W.J. Brad Bennett, O.B.C., as the chair of BC Hydro on September 30, 2015.
Bennett is President of McIntosh Properties Ltd., a real estate investment and private equity investment company. Bennett has served on a number of public and private company boards and is currently a director of Kal Tire Holdings Ltd., a director of Exchange Income Corp, and a director of Quails' Gate Winery.
He also currently serves as chair of MITACS, is a director of the UBC Properties Trust and is a trustee of the Fraser Institute. Past public service positions include chair of the University of British Columbia, chair of Okanagan University College, chair of Kelowna General Hospital Foundation, co-chair of the Central Okanagan Hospice Campaign, and chair of the Rotary Centre for the Arts Building Committee.
Bennett received an honorary Alumni Award from the University of British Columbia in 2007, was awarded the Order of British Columbia in 2010, and was awarded an honorary Doctor of Laws from the University of British Columbia in 2011.
Bennett was director of BC Hydro from January 26, 2012 to September 30, 2015.
The chair's role and responsibilities
The chair provides leadership to the board and coordinates its activities in the best interests of BC Hydro. In performing this role, the chair manages the affairs of the board and works closely with the Chief Executive Officer to ensure effective relations with the B.C. government, the public and other stakeholders.
- Terms of reference for the board chair [PDF, 24 KB]
Directors are mandated to be stewards of the corporation. As a member of the board, directors are responsible for overseeing conduct of business, supervising management and ensuring that all major issues affecting the business affairs of the corporation are given proper consideration.
- Terms of reference for a director [PDF, 23 KB]
While directors are selected to reflect the industrial, economic, social, ethnic, and regional diversity of our province, appointees will include persons with business, utility and energy industry experience to ensure the appropriate balance of expertise necessary for overseeing a large commercial enterprise.
The Lieutenant-governor in Council appoints BC Hydro's directors.
- Bill Adsit
- W.J. Brad Bennett, O.B.C.
- Len Boggio, FCPA, FCA, ICD.D
- James M. Brown, CBV
- James P. Hatton, Q.C.
- John Knappett
- Valerie Lambert
- Janine North, ICD.D
- John Ritchie
- Jack Weisgerber
In its desire to act, and be seen to act as an ethical corporation, BC Hydro and its subsidiaries have adopted a director and employee code of conduct.
The corporate secretary supports the board by organizing and recording activities of the board and committee meetings. The corporate secretary also provides advice to the board, directors and employees to ensure compliance with BC Hydro's governance framework.
- Terms of reference for the corporate secretary [PDF, 29 KB]
The Financial Information Act return lists the remuneration and expenses by director. The chair's compensation is determined by the B.C. Provincial Government.
Directors are reimbursed for travel and accommodation costs incurred to attend board and committee meetings. Expenses are paid upon receipt of a completed expense claim form with supporting receipts. An annual report on director expenses is made to the Audit and Finance Committee.
Meeting fees and retainers [PDF, 11 KB] are paid to directors on a quarterly basis in accordance with Treasury Board Directive 2/17 dated December 15, 2016. The Provincial Government website has the guidelines [PDF, 661 KB] for remunerating Crown Agency Boards.
Additional fees are paid to directors serving on the boards of subsidiaries, task groups or advisory committees.
Composition and succession
The board reviews the skills, experience, background and diversity of the board in relation to BC Hydro's strategic direction. The board chair communicates the results of this review to the B.C. Provincial Government through the B.C. Board Resourcing and Development Office (BRDO), access to which can be made through the Provincial Government website.
The board and the board chair review the competency mix, assess whether competency gaps exist in relation to BC Hydro's strategic direction, and make recommendations to the BRDO that supports an effective board renewal strategy.
Orientation and professional development
Special orientation sessions are held for new directors. The focus of the sessions depends upon the particular knowledge of the appointee.
To promote board development, tutorial evenings are held quarterly to review strategies, complex business issues or specific aspects of BC Hydro's business. In addition, board retreats are held annually with other board sessions scheduled during the year as circumstances require.
- Orientation process for new and existing directors [PDF, 30 KB]
Board, committee and director assessment
The board evaluation process is organized in consultation with the board chair and the Governance & Human Resources Committee. Typically a formal process takes place every two years (even numbered fiscal years). Details of the process will be designed around the needs and wishes of the board chair from time-to-time. In the intermittent year, an informal evaluation will take place with each director participating in a one-on-one discussion with the board chair.
In consultation with the board chair, the Governance & Human Resources Committee will review the evaluation findings and report to the board of directors.
The board's guidelines [PDF, 42 KB] recognize the importance of meeting without management present, and board agendas are structured to provide the opportunity. There are also opportunities on each agenda for the board to meet privately with the Chief Executive Officer (CEO).
Although not a board member, the CEO attends all meetings and has access to the same information as any director, except when relating to the CEO's performance, as appropriate.
Details regarding the number of board and committee meetings held and attended by each director during the past fiscal year will be available in BC Hydro's annual Financial Information Act return.