ID# 20-2046 Location: Regional Municipality of Wood Buffalo, AB
WBEDC is a wholly owned, arm’s length entity of the Regional Municipality of Wood Buffalo, governed by an independent Board of Directors. The WBEDC is seeking three (3) Board Directors to be appointed to WBEDC in the fall of 2020.
The Board consists of broad thinkers representing a cross-section of business leaders and representatives from key industries who will promote economic development and growth of the RMWB. The WBEDC Board of Directors are responsible for Economic Development for RMWB. In carrying out these responsibilities, the Board endeavours to maintain and seek continuous improvement in high standards of Board governance. Some of the key governance functions of the Board include adopting and monitoring compliance with an ethics code, reviewing and approving WBEDC’ strategic plan, annual business plan and report on sustainability, succession planning (CEO), and satisfying itself that management has identified the principal risks of the businesses and implemented appropriate systems to manage those risks.
The Board meets quarterly and report to Council, the sole shareholder, on an annual basis at an Annual General Meeting. They also develop and present an annual proposed budget to Council, during the municipal budget process.
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