The Regina Exhibition Affiliation Restricted board introduced Tim Reid is now not with the group in his earlier place as president and chief government.
In response to a information launch, Roberta Engel, who’s the present company companies vice-president, shall be performing president and CEO or “PCEO.”
“The REAL board voted unanimously to take away Mr. Reid as PCEO,” the discharge learn. “This management change is the following step within the formal overview of the group, which is able to concentrate on monetary sustainability, organizational construction, operations, governance and strategic mandate.”
Niki Anderson of REAL Interim Board of Administrators said the board needs to thank Reid for his work with REAL over almost six years.
“Though the board believes that a part of the organizational change requires management change, the board thanks Mr. Reid for his efforts and for the thrilling occasions that he interested in our metropolis,” Anderson said.
In response to the assertion, the interim board was appointed by metropolis council in November 2023. The brand new board is concentrated on working with Engel, who has been with REAL for almost six years in quite a lot of roles. The board and Engel mentioned they are going to concentrate on reviewing REAL’s monetary and strategic operations to make sure stability.
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