The chief executive officer of Vancity is stepping down as head of the credit union to become the head of the Vancouver Airport Authority. Wednesday's announcement follows a record number of layoffs among management and unionized employees at the airport authority in the midst of the COVID-19 pandemic. Tamara Vrooman, who will continue at the helm of Canada's largest community credit union until June 30, takes over the new job effective July 1. She will be the first female chief executive of the Vancouver Airport Authority. The credit union had sent letters to 18,000 of its members, urging them to sign amendments to their credit line agreements which would allow the credit union to hike their rates unilaterally.

Source: CBC News May 13, 2020 22:04 UTC