VANCOUVER, May 23, 2013 /CNW/ - The board of directors of the Haida
Salmon Restoration Corporation (HSRC) today announced that it has
removed Mr. Russ George as a director of the company. In addition, the
HSRC has terminated Mr. George's employment as an officer of the
John Disney, who currently serves as President, has been appointed
The HSRC has initiated a board supervised strategic review of the
company's governance, and business plans. In addition, the board has
formed a committee to undertake a search for new directors that will
strengthen HSRC, particularly in relevant scientific research and
commercial matters. An augmented board will also ensure that
comprehensive community and stakeholder consultations occur on a
Concurrently, the committee is developing terms of reference for a
permanent chief executive officer.
Commenting on these changes, Old Massett Village Chief Councillor Ken
Rea stated: "The board and our community has decided to recalibrate
this business so that it moves forward in a constructive fashion and
effectively responds to legitimate concerns raised by various
stakeholders around the world".
"We realize that we need to take a step back and review the direction of
the company" said President and interim CEO, John Disney. "While we are
confident in the technology, process and buy-in are key. That's why our
emphasis is putting the right leadership and business plan in place.
We have a responsibility not only to the shareholders but to the
citizens of Old Massett and Haida Gwaii to get it right", said Disney.
SOURCE: Haida Salmon Restoration Corp.
For further information:
Chief Councillor, Ken Rea at 250-626-3337 or email: email@example.com