In a surprising development that has sent ripples through Regina's business community, Tim Reid has stepped down from his role as Chief Executive Officer of the Regina Exhibition Association Limited (REAL). The sudden leadership change was announced Wednesday, citing personal reasons for Reid's departure.
A Decade of Transformative Leadership
During his nearly ten-year tenure, Reid presided over one of the most significant periods of growth and transformation in REAL's history. Under his guidance, the organization evolved from primarily hosting agricultural events to becoming a world-class entertainment and sports destination known as the REAL District.
Wayne Morsky, Chair of REAL's Board of Directors, expressed both gratitude and regret regarding the transition. "Tim's leadership has been instrumental in shaping REAL into the premier destination it is today," Morsky stated. "While we respect his decision to step down for personal reasons, his absence will undoubtedly be felt across the organization."
Immediate Leadership Transition
The board has moved swiftly to ensure operational continuity during this period of change. Kim Lamberty-Green, REAL's current Vice-President of Finance, has been appointed as interim CEO effective immediately. Lamberty-Green brings extensive institutional knowledge to the role, having been with the organization for several years.
"The Board has full confidence in Kim's ability to lead REAL during this transition period," Morsky assured. "Her financial expertise and deep understanding of our operations make her the ideal candidate to maintain stability."
Search for Permanent Successor Begins
While Lamberty-Green assumes interim leadership, the board has already initiated the process of finding a permanent replacement. The search committee expects the recruitment process to be comprehensive, given the significance of the role in Regina's economic and cultural landscape.
The REAL District has become a cornerstone of Regina's entertainment scene, hosting everything from major concerts and sporting events to agricultural exhibitions and conventions. The leadership transition comes at a critical time as the venue continues to recover from pandemic-related challenges and looks toward future expansion opportunities.
Reid's departure marks the end of an era for REAL, but stakeholders remain optimistic about the organization's continued growth under new leadership. The board has emphasized its commitment to maintaining the high standards of excellence that have become synonymous with the REAL District brand.
