ICBC CEO jumps ship to become new head of BC Ferries
The president and CEO of ICBC is departing his role at the insurance corporation to fill the CEO position at BC Ferries.
Nicolas Jimenez, who was CEO of ICBC for the past five years, will become CEO of BC Ferries starting on March 6.
He takes over from interim CEO Jill Sharland who has held the position since the summer of 2022, when BC Ferries ousted its former CEO Mark Collins.
Collins was CEO of BC Ferries from 2017 to 2022 and was suddenly fired as BC Ferries struggled through repeated staffing shortages, service interruptions and other "COVID-related challenges."
Sharland will now return to her previous role as BC Ferries vice president and CFO.
The company says Jimenez was chosen as the new CEO after an "international executive search."
Jimenez has a Master's degree in public administration from Harvard University and the University of Victoria, and a Bachelor's degree in political science from Wilfrid Laurier University, according to BC Ferries.
"Nicolas is a thoughtful, strategic leader who is committed to enhancing safety, reliability and affordability," said BC Ferries board chair Joy MacPhail in a release Tuesday.
"BC Ferries is facing a series of challenges including staffing shortages, service interruptions and fleet revitalization," she added. "Nicolas Jimenez is no stranger to big challenges and I know he will bring fresh ideas, innovative solutions and a renewed focus on the customer experience."
Meanwhile, ICBC has appointed its CFO, Phil Leong, as its interim president and CEO.
The ICBC board is now on the hunt for someone to permanently fill the position.
"It is a day of mixed emotions to be saying goodbye to Nicolas after almost a 20-year career with ICBC," said ICBC board chair Catherine Holt in a statement Tuesday.
"We look back on his contributions to ICBC with admiration and appreciation, especially for his years as president and CEO and the remarkable transformation he and his leadership team led for B.C.'s public auto insurer," she said.
Just two years ago, ICBC made the dramatic shift to a 'no fault' insurance model, which has led to savings for most drivers, but has left some crash victims feeling underserved.
CTVNews.ca Top Stories
BREAKING Israel attacks Iran, Reuters sources say; drones reported over Isfahan
Israel has attacked Iran, three people familiar with the matter told Reuters, as Iranian state media reported early on Friday that its forces had destroyed drones, days after Iran launched a retaliatory drone strike on Israel.
American millionaire Jonathan Lehrer denied bail after being charged with killing Canadian couple
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
Nearly half of China's major cities are sinking, researchers say
Nearly half of China's major cities are suffering 'moderate to severe' levels of subsidence, putting millions at risk of flooding especially as sea levels rise.
Prince Harry formally confirms he is now a U.S. resident
Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is now a U.S. resident.
Judge says 'no evidence fully supports' murder case against Umar Zameer as jury starts deliberations
The judge presiding over the trial of a man accused of fatally running over a Toronto police officer is telling jurors the possible verdicts they may reach based on the evidence in the case.
Health Canada to change sperm donor screening rules for men who have sex with men
Health Canada will change its longstanding policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned. The federal health agency has adopted a revised directive removing the ban on gay, bisexual and other men who have sex with men, effective May 8.
Colin Jost names one celebrity who is great at hosting 'Saturday Night Live'
Colin Jost, who co-anchors Saturday Night Live's 'Weekend Update,' revealed who he thinks is one of the best hosts on the show.
Sports columnist apologizes for 'oafish' comments directed at Caitlin Clark. The controversy isn't over
A male columnist has apologized for a cringeworthy moment during former University of Iowa superstar and college basketball's highest scorer Caitlin Clark's first news conference as an Indiana Fever player.
'Shopaholic' author Sophie Kinsella reveals brain cancer diagnosis
Sophie Kinsella, the best-selling author behind the 'Shopaholic' book series, has revealed that she is receiving treatment for brain cancer.