Will Fleissig, the former CEO of Waterfront Toronto, has rejoined the company as a management consultant.
Fleissig told The Logic that he had begun a contract position on August 13, a little over one month after resigning from his role as CEO. Fleissig said he would be working 30 hours a week, advising Michael Nobrega, acting CEO, on “strategic initiatives.”
Will Fleissig, the former CEO of Waterfront Toronto, has rejoined the company as a management consultant.
Fleissig told The Logic that he had begun a contract position on August 13, a little over one month after resigning from his role as CEO. Fleissig said he would be working 30 hours a week, advising Michael Nobrega, acting CEO, on “strategic initiatives.”
Talking Point
Just over a month after his resignation as the CEO of Waterfront Toronto, Will Fleissig confirmed that he has rejoined the company as a management consultant, in a paid contract lasting up to one year.
Waterfront Toronto confirmed that Fleissig is back with the corporation, telling The Logic that the former CEO will be working on “the Waterfront Vision for the future with our Planning and Design team and the 5-Year Strategic Business Plan,” said Cameron MacKay, VP of strategic communications and engagement with Waterfront Toronto in an email.
Waterfront Toronto said Fleissig will not be involved in the partnership with Sidewalk Labs.
The paid position is for up to one year. When asked via email whether he would be working on Waterfront Toronto’s mandate as a whole or specifically on Sidewalk Toronto, Fleissig responded, “I will not be working on the Quayside project.”
As The Logic reported in early July, Fleissig stepped down as CEO less than three years into the role, following pressure from the board of directors during a closed-door meeting the week before on his performance and the organization’s future.
“He understood the strategic context in which we were discussing the future of Waterfront Toronto and the importance of being able to execute and implement,” Helen Burstyn, chair of Waterfront Toronto’s board, told The Logic the day after the announcement. “We discussed the options for moving forward effectively—we considered the corporation—but the decision was his as much as the option was ours to give.”
But sources told The Logic at the time of his departure that there were also internal tensions surrounding Fleissig’s communications with the board and his oversight of a decision to allow Sidewalk Labs personnel to temporarily occupy office space in the Waterfront Toronto headquarters (they have since opened Sidewalk Toronto offices—dubbed 307—at 307 East Lakeshore Blvd.).
Fleissig was announced as CEO on Dec. 14, 2015. Over the following two and a half years, he oversaw the organization’s most talked-about partnership: a deal with Sidewalk Labs, a subsidiary of Alphabet, on the development of the Quayside on Toronto’s eastern waterfront.
Reporter Amanda Roth can be reached at [email protected] or via Signal at (413) 418-0304.
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Photo: Waterfront Toronto
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