The TCHC still has high executive turnover (but at least it’s voluntary this time)

The TCHC still has high executive turnover (but at least it’s voluntary this time)

(Image: Toronto Community Housing)
 

Though TTC theatrics are hogging the spotlight today, there’s also some drama to report at the Toronto Community Housing Corporation: chief financial officer Len Koroneos quit abruptly earlier this month after being passed over for the chief executive gig in favour of Detroit’s Gene Jones. Koroneos started as CFO in September 2010 and was named interim CEO six months later when Rob Ford purged the board; he’s miffed because he felt he was doing everything right, and yet the top job went to someone else. Councillor Paula Fletcher believes his departure adds to the gaps in the TCHC’s leadership (its chief development officer, chief administrative officer and general counsel all previously opted to leave), and says that the new board has less housing knowledge than the one forced out by Ford. However, Jones seemed unbothered by the chatter—we imagine someone used to middle-of-the-night drug raids would be pretty unflappable. [Toronto Star]