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Wednesday, August 12, 2015

Cold feet in Canada? - An intriguing bit of information about PSPRS Administrator-select Kevin Olineck from the August 13, 2015 Board of Trustees special meeting

The PSPRS Board of Trustees had a special meeting today with the only business listed on the agenda as this:
Discussion of possible Action regarding selection of a job search firm to conduct a national search for a PSPRS Administrator.
The June 17, 2015 Board of Trustees regular meeting agenda included this routine-seeming piece of business listed as agenda item 25:
Update, discussion and possible Action on the System Administrator position and other personnel matters.
So obviously something seems to have changed in the last two months, so I looked back into the May 27, 2015 meeting minutes, which includes this bombshell:
The visa process was not successful and as per the agreement with the candidate, the offer will be withdrawn on either June 14 or 15, 2015.  The Administrator Selection Committee will reestablish itself to move forward.
So it now appears that Kevin Olineck will not be the new PSPRS Administrator.  It seems odd that a Canadian pension fund manager fulfilling a professional commitment could not get a visa to work in the United States, especially with the lax immigration policy of the current administration.   I suppose it could be this simple, as implausible as it may be, or maybe the British Columbia Pension Corporation offered him more money to stay.  Of course there is also the chance that as he learned more about the PSPRS and the Administrator job, the less attractive it became to him.

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