The Richmond Olympic Oval is a breathtaking venue on the banks of the Fraser River and winner of the Institution of Structural Engineers top award for Sports or Leisure Structures. Home to long track speed skating during the 2010 Olympic Winter Games, the Oval has been transformed into the legacy vision first conceived by the City of Richmond in 2004 – an international centre of excellence for sports, health and wellness, culture and entertainment.
In an effort to maximize the entrepreneurial benefit and financial viability of the Oval, the Richmond Olympic Oval Corporation was incorporated in 2010 as a municipal corporation under the Business Corporations Act of British Columbia. Its purpose is to manage the business, operations and maintenance of the Oval. The corporation has a single Shareholder, the City of Richmond, who has appointed a Board of Directors, consisting of a selection of community business leaders from Richmond and the Metro Vancouver area with a broad range of specialized expertise, to govern the Oval. The Corporation is fully accountable to its shareholder, who receives quarterly financial statements and regular operational updates on the performance of its corporation.
The Board of Directors receive recommendations from two committees: The Audit & Finance Committee and the Budget and Business Planning Committee. The Board meets regularly to make governance and policy decisions, to provide direction to staff and to oversee the operations of this corporation.
In the adjacent tabs of this website you will find further detailed corporate information including the most recent Annual Report and the annual Statement of Financial Information.
Member Since: 2009