The Port of Thunder Bay today announced that Tim Heney, Chief Executive Officer since May 2004, has informed the board that he intends to retire as CEO, with a target effective date of September 30, 2023. To ensure a smooth transition, Mr. Heney will continue to serve as CEO until the Board has identified and appointed a successor.
“On behalf of the Board, I want to thank Tim for his longstanding leadership and significant contributions to transforming the Port of Thunder Bay,” said Bonny Skene, Chairperson of the Board. “Since his appointment as CEO in 2004, Tim has been instrumental in establishing Keefer Terminal at the Port of Thunder Bay, as a major breakbulk hub for Western Canada and developing key transportation infrastructure that ensures the efficient and effective movement of cargos.”
“It has been an honour and a privilege to serve the Port and I will cherish the friendships that I have made across Canada and the United States in my time as CEO,” said Mr. Heney. “Our strategy is clearly working, we are pleased with our accomplishments and we are even more excited about the future of the Port of Thunder Bay, the farthest inland Canadian port on the St. Lawrence Seaway system.
“This critical transportation system is well positioned to offer carbon reduction solutions while generating economic returns well into the future.”
The Board has initiated a search to identify the Port’s next CEO and has engaged a leading executive search firm to assist in the process. Ms. Skene continued, “The Board and management team are committed to ensuring a smooth transition, and we are grateful that we will continue to benefit from Tim’s experience and perspective throughout this process. As the Board conducts its search for a successor, we are focused on identifying a strong leader with a proven track record of operating successfully at scale while defining and executing a growth strategy driven by operational excellence and outstanding talent development.”
(TBPA photo)
