The Icelandic Canadian - 01.09.1968, Blaðsíða 43

THE ICELANDIC CANADIAN
41
SIGURDUR SIGMUNDSON
Sigurdur Sigmundson
General Manager B.C. Hydro
In June 1968 the Board of Directors
of B.C. Hydro approved a new cor-
porate structure designed to improve
the efficiency of the organization.
Eight new divisions were created under
a new office of General Manager to
which Sigurdur Sigmundson was ap-
pointed.
Sigurdur Sigmundson was born in
Iceland, and in 1923, then a small boy,
migrated to Winnipeg with his par-
ents, Johann and Thorch's Sigmundson.
He attended public and high school
in Winnipeg, and was awarded the
Governor General’s Medal from the
Daniel McIntyre Collegiate Institute.
He received his B.A. at the University
of Manitoba in 1930, majoring in
Mathematics and Economics. Mr. Sig-
mundson attended the Executives’
Course, Harvard Business School, in
1953.
His business career commenced in
1930 when he joined the Statistical
Department of Winnipeg Electric Go.
on a scholarship appointment. He
transferred to the Railway Manager’s
office in 1931 and was appointed
transportation assistant in 1937. From
1942 to 1945 he was regional director
of Transit Control, Department of
Munitions and Supply, for B. C.
Mr. Sigmundson joined B.C. Electric
as transportation assistant in 1945 and
was appointed Operations Manager,
Transportation, a year later. He was
named General Manager, Transport-
ation, in 1954, and Division Manager
in 1962. He was retained by the Brazil-
ian Traction Co. Ltd., for six weeks
in 1954 to survey the company’s system
in Rio de Janeiro, and to recommend
such changes in policy and operations
as were deemed prudent.
Mr. Sigmundson is chairman, Ad-
visory Committee, Canadian Transit
Association ,and a past president of the
association; and serves as director with
the American Transit Association,
Downtown Business Association, Down
town Parking Corporation and Van-
couver Visitors Bureau. He is a mem-
ber of the Terminal City Club and
past president of the Scandinavian
Business Men’s Club.
Sigurdur Sigmundson married Rosa,
a daughter of the late Olafur and
Anna Petursson of Winnipeg. They
have five children, Olaf Johann, Elin,
Petur, Paul and Eric. There are nine
grandchildren.
The Icelandic Canadian Club, of
which Sigurdur was a member when
he left for the Coast, and this magazine
extend congratulations to 'this man of
proven executive ability.