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In a statement released on Wednesday (Sept. 28), the Thompson-Nicola Regional District announced the departure of its chief financial officer, Doug Rae.
Rae was head of the regional district’s finance department and had been with the organization for a decade.
“The Thompson-Nicola Regional District has announced that Chief Financial Officer Doug Rae is no longer with the organization,” the statement reads, adding that privacy legislation prohibits release of further details and that no other comments will be made.
Carla Fox, who joined the regional district in June, has been named interim CFO. The regional district will search for a permanent CFO.
The TNRD recently underwent an independent forensic audit, which found a “culture of inappropriate spending” under former CAO Sukh Gill. Gill departed the regional district suddenly in February 2020 and was given a severance package valued at about $520,000, in addition to a legal agreement to call his departure a “retirement.”
The audit was ordered as a result of a KTW investigation into spending under Gill from 2015 to January 2020.
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