ISLAND COASTAL ECONOMIC TRUST BOARD SELECTS NEW CEO

Wednesday, March 9, 2022

Rigorous selection process yields new head of operations

COURTENAY, 9 March 2022 – The Island Coastal Economic Trust’s Board of Directors has selected a new Chief Executive Officer to succeed retiring CEO Line Robert and ensure a smooth transition of leadership this spring.

Brodie Guy, current CEO of Coast Funds, will succeed Line Robert as CEO effective April 18, 2022.

“On behalf of the Board, I congratulate Brodie on being selected to continue this organization’s exceptional work, supporting our region’s people, communities and businesses,” says Aaron Stone, Board Chair. “We’ve accomplished so much under Line’s 12+ years of leadership, and we believe Brodie is the right person to build on those foundations and drive the Trust’s vital, strategic activities going forward.”

Brodie will join ICET after almost a decade with Coast Funds, an organization that works with, and for, First Nations to invest more than $100 million into strategic business and economic infrastructure projects alongside First Nations-led stewardship and conservation efforts, Guardian programs, and habitat restoration in the Great Bear Rainforest and Haida Gwaii.

“I’m honoured to be leading the Trust in this critical period, and beyond. Having worked in partnership with ICET since its inception, I have long been aware of ICET’s reputation as an innovative catalyst for sustainable economic growth and development in the region,” says Brodie Guy. “As a long-time Vancouver Island resident currently living in the Comox Valley, I have seen the major impact people, communities, and businesses are making with ICET.”

Brodie joins ICET with management experience in the cleantech sector, government, First Nations and regional economic development trusts. Brodie’s background includes working with Crown Corporations and British Columbia’s international trade and investment offices in the Ministry of Jobs, Tourism and Skills Training. Prior to his position in government, he was a member of the management team that led the start-up period for Northern Development Initiative Trust (NDIT) where he was involved in policy and program development as well as economic development investment efforts across northern BC.

“Brodie is very familiar with the trust model of strategic investment and well positioned to drive the next decade of innovative and sustainable change across our region,” adds Stone. “His deep experience working with Indigenous leadership and communities will help grow and enhance the strong collaboration and partnerships ICET has been establishing with rural, remote and Indigenous communities.” 

Line will remain CEO until the transition date, and will support the transition process, ensuring seamless delivery of services to the region and its stakeholders.

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About the Island Coastal Economic Trust
Created and capitalized by the Province of BC in 2006, the Island Coastal Economic Trust (ICET) mission is to create a more diverse and globally competitive Island and Coastal economy. In partnership with local and regional governments, non-profits and Indigenous communities, ICET serves over half a million residents. Funding and support for economic infrastructure and other economic diversification initiatives is delivered through a unique community centered decision-making process. Since inception, ICET has approved more than $55 million in funding for over 280 initiatives. These investments have leveraged over $270 million in new investment into the region creating more than 2600 construction phase jobs and 2750 long-term permanent jobs. To learn more, visit www.islandcoastaltrust.ca

 

For further information:
Hilary Muth, Communications Coordinator
Island Coastal Economic Trust
Tel. 250-871-7797 (Ext. 228)

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

2,750
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$246
million leveraged into the region

ICET By The Numbers

$52.3
million disbursed

ICET By The Numbers

$55.2
million committed

ICET By The Numbers

230
economic development projects

ICET By The Numbers

210
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2020-2021
ANNUAL REPORT

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