WATCH: BC Ferries says its president and CEO Mike Corrigan will step down in March, at the end of his current contract
The company made the announcement Friday at its Annual Public Meeting.
Corrigan said it’s time for him to pursue other opportunities.
An executive search is already underway to identify Corrigan’s successor.
The ferry corporation also released results of its 2017 first quarter, showing revenues are up nearly 5 per cent, with foot passenger and vehicle traffic increasing.
BC Ferries also hinted at more pricing promotions similar to the popular program last year that saw the company discount fares by up to 50 per cent during off-peak periods.