Gordon Feeney is the new chairman of Canada Post Corporation. The appointment was announced September 30, 2004.
Feeney brings significant business experience to the position, since he was deputy chairman of RBC Financial Group until his retirement in 2001.
The press release from Canada Post can be accessed at http://www.cnw.ca/fr/releases/archive/September2004/30/c5868.html.
The move is not without controversy. Minister of National Revenue and Minister Responsible for Canada Post Corporation John McCallum also worked for RBC as chief economist before he sought public office.
The Globe & Mail reported that the hiring process did not meet new criteria for hiring executives of Crown corporations.
Federal Liberals have agreed that Feeney will appear before a parliamentary committee, which allows opposition members of parliament to scrutinize the hiring process.
Former Canada Post Chairman and CEO Andre Ouellette resigned in August 2004 amid questions over $2 million in unaccounted-for expenses over eight years. One of FeeneyÔÇÖs main jobs will be finding a replacement CEO. The chairman is not responsible for the day-to-day operations of the corporation and is paid $17,100 annually.