Change in leadership at Stephenville Airport Corporation board, as sale still pending
CBC
As a deal to sell the Stephenville airport waits in the wings, the board overseeing the facility will be looking for a new chairperson.
Trevor Murphy, chair of the board that signed an agreement to sell the airport to Carl Dymond's company, the Greater N.L. Partnership, stepped down this week. He will remain on the board as a director.
Messages left with Murphy were not returned, but Stephenville Mayor Tom Rose, who sits on the board as the town's ex-officio member, said he is pleased Murphy will continue in some capacity.
"Trevor has done a phenomenal job for us as chair," he said. "He's got a legal background. And while they're going through the sale agreement with the Greater N.L. Partnership/Dymond Group, having a legal team on your board, it's very, very important."
The plan to sell the airport was announced in September 2021. It still hasn't closed.
Dymond said last month that an old insolvency proceeding involving the airport is holding up the final details of the sale.
According to Rose, that should be cleared up early in the new year — by January or February.
"Fourteen months into this deal, not strenuously long, but everybody wanted it to happen earlier than later," Rose said.
"I think the board is competent and confident that it's going to take place. It just gets a little tiring, you know, for the board because it takes so long and it's tiring for everybody."
However, Rose said he believes the delays in concluding the deal and the board changes were not related.
"I don't think so. I just think, you know, people sit on boards for a certain amount of duration," Rose said.
"Everybody wants this deal done. And, you know, every time we have a monthly meeting, you know, we're close.… The board can't do anything unless they get advice from their lawyers. No different than Carl Dymond can't do anything until he gets his advice from his lawyer."
Rose said board member William Macneil will be the acting chairperson.
Messages to all other board members, incluing Macneil, were not returned.
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