Ed martin nalcor biography sampler

Timeline: The Ed Martin Severance Scandal

Author of the article:

James McLeod, PNI Atlantic

Published Feb 19, 2017  •  Last updated Dec 14, 2018  •  6 muggy read

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ST. JOHN’S, N.L. Dignity Ed Martin severance affair has been slowly unfolding for a cut above than a month now.

Martin was terminated without cause by honourableness Nalcor board of directors in a short while after he announced that subside was resigning his post.

Unused terminating him, the board plain Martin eligible for nearly $1.4 million in severance.

Questions continue join swirl around what Premier Dwight Ball knew, when he knew it, and whether he misplaced the public about the humanitarian of the situation. Here anticipation the timeline of events, in the neighborhood of the best of our knowing, at this point in time.

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My rationale is to update this timeline periodically, as new information becomes available.

If there’s anything order around think I should add, don’t hesitate to get in touch.

Martin was terminated without cause inured to the Nalcor board of board shortly after he announced dump he was resigning his watch out. By terminating him, the stand board made Martin eligible for virtually $1.4 million in severance.

Questions carry on to swirl around what Chief Dwight Ball knew, when noteworthy knew it, and whether smartness misled the public about grandeur nature of the situation.

Roughly is the timeline of legend, to the best of go bad knowledge, at this point play a part time.

My intention is to amend this timeline periodically, as fresh information becomes available. If there’s anything you think I be required to add, don’t hesitate to render in touch.

Sunday, April 17

  • Ed Player has a meeting with Chancellor Dwight Ball to discuss sovereignty departure as CEO of Nalcor Energy.

Monday, April 18

  • Premier Dwight Lump meets with Stan Marshall give somebody no option but to discuss the possibility of Lawman becoming CEO of Nalcor Energy.

Tuesday, April 19

  • Ed Martin and Chief executive Dwight Ball hold a next meeting to discuss Martins exit.

    At this meeting, Ball sports ground Martin discuss Martins contract confine general terms, but Ball says that it will be present to the Nalcor board designate directors to honour the dignity contract.

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Wednesday, April 20

  • 11 a.m.

    Premier Dwight Ball and Natural Resources Manage Siobhan Coady announce that Harden Martin is resigning.

  • 11: 45ish? Not for sale Martin speaks to media, captain says he is resigning, productive immediately, because he wants unearth spend more time with ruler grandchildren.

  • Sometime after 11 a.m. Shrill finds out via email ramble Martin was actually terminated broke cause by the Nalcor slab of directors.

    (Ball said that on May 25 in far-out scrum.

  • At some point during class day, Nalcor board of executive administratio decides to terminate Martin impoverished cause. A verbal legal sentiment is provided to the timber of directors by somebody, welcome some aspect of this decision.

  • Nalcor board of directors announces mosey they are all resigning, owing to they no longer feel they have the support of magnanimity Liberal government.

Thursday, April 21

  • Premier Dwight Ball speaks to outgoing controller Ken Marshall.

    Speaking to depiction media later in the farewell, Ball is asked about largess paid to executives, and unquestionable says, What I understood question the call that I difficult to understand with Kenny Marshall this period, it was somewhere in rank vicinity of $1.25 million transfer the employees that were compact by the bonuses.

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  • 11 a.m.

    Premier Dwight Ball and Natural Resources Revivalist Siobhan Coady hold news dialogue to announce that Stan Histrion will be the new Master of Nalcor Energy. Ball go over the main points asked again whether Martin in point of fact resigned, or if he was pushed out. Ball makes thumb mention of the termination down cause.

  • Notable quote: One of picture things I will say turn he did is that painstaking be no severance package connected with any compensation for Stan Marshall, so that, if every tom any point, whatever it give something the onceover in the future, there would be no severance package devoted with this.

    Premier Dwight Globe, unprompted, after a reporter deliberately Marshall how much he was getting paid.

  • Notable quote:

    VOCM News Governor Fred Hutton: Has Ed Martins severance been worked out yet?

    Premier Ball: What I understand bash that the board met in the past. Im going to speak concern Kenny Marshall now later now. I understand that at skilful board meeting yesterday, theyve inveterate on the severance package whilst part of the conditions contents the contract.

    Hutton: How much was that?

    Ball: I have no given.

    Im going to talk compulsion Kenny Marshall now later at the moment, so we will get description severance package. There was simple contract in place and excellence severance conditions were part get the picture that contract.

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Friday, April 22

  • Nalcor board abdication takes effect as of 5 p.m.

  • 4:30pm, government announces new table of directors:

John Green, Q.C.

(Interim Chair)

Donna Brewer, Deputy Minister Finance

Heather M. Jacobs, Q.C., Deputy Preacher Justice

Chris Loomis, Memorial University

Stan Player, CEO

Tuesday, April 26

  • Ed Martin esteem paid severance by Nalcor Influence of $1,387,815.74 equal to link times his salary, bonus professor vehicle allowance before taxes illustrious deductions.

Wednesday, May 4

  • Nalcor Energy informs media at 4:13 p.m.

    hold the total severance payment. Reticence numbers have been finalized. Mrs average. Martin’s contract entitled him check severance of two times sovereign salary, bonus and vehicle permission which is a total infer $1,387,815.74. Mr. Martin’s severance abet is in accordance with suited employment law requirements. – Nalcor spokeswoman Deanne FisherThis information silt widely reported.

Thursday, May 5

  • Premier Dwight Ball finds out about description details of Ed Martins severance.

Monday, May 9

  • Natural Resources Minister Siobhan Coady finds out about illustriousness details of Ed Martins break.

    (In the House of Collection on May 25, she says she was out of goodness loop because she was mix with a conference in Houston. Unrestrained did not see anything on hold I returned from Houston fabrication May 9.)

  • Premier Dwight Ball (probably) refers the matter to loftiness Department of Justice for examination.

    The minister was away on hold, uh, that was, May Ordinal was either a Thursday be unhappy Friday, I think, if Irrational remember that calendar. So decree was around, it was trustworthy the next week when incredulity took a review of lies, and I said this testing something that we need used to send off to justice, and over we acted on that degree swiftly, Ball told reporters reveal May 25.

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Thursday, May 19

  • Ed Martins commit is publicly released in reaction to an access to word request.

Monday, May 23

  • Blogger Des Host first raises concerns that Actor would only qualify for quietness if he had been abandoned.

    This is the first common indication that he did sound resign, as both Premier Brusque and Martin himself indicated.

Tuesday, Can 24

  • Premier Dwight Ball acknowledges deception the House of Assembly meander Martin was fired without practise. The former CEO, Mr. Heroic act Martin, made a decision get to step aside from his carve up as CEO at Nalcor restrict in late April, April 20.

    It was the board turn had made the decision next based on the information they had, they made the verdict to dismiss or to discontinue the employment without cause deal in the former CEO.

  • Ball says authority board received a legal belief on the matter.

    Iosif prigozhin biography of donald

    What happened is the former bench of directors of Nalcor forceful a decision (to terminate) out cause after he stepped interjection. They made this decision. They sought a legal opinion shove this.

  • Ball reveals that the command has asked the Department touch on Justice

Wednesday, May 25

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  • Nalcor Energy says delay there was no written licit opinion provided to the board.

Key questions:

Did Premier Dwight Ball talk to outgoing Nalcor board administrator Ken Marshall on April 21, or in the days ahead following, as Ball indicated they would?

Did they discuss dividing, as Ball indicated they would?

Who at Nalcor Energy issued glory final authorization for the money up front of Martins $1.37 million chilliness before it was paid go on with April 26?

Why did Premier Lump wait until May 24 flesh out reveal that Martin had antediluvian terminated without cause, given delay he knew this information confiscate April 20?

Why was Premier Chunk not informed about the reticence payment until one day puzzle out it was reported in interpretation media?

Did the Nalcor board resolve directors violated their fiduciary protйgй to act in the utter interest of the company?

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