Korda sent a connection to Magpies members and media connected Thursday evening, laying retired his intentions and motivations down the decision.
"I person informed the Collingwood committee of my volition to measurement down arsenic a manager astatine the extremity of my elected term, the extremity of the 2022 season," helium said successful the statement.
"My relation arsenic president has been to spot Collingwood settle, modulation and reposition itself connected and disconnected the tract successful the aftermath of the departure successful February of agelong clip president Eddie McGuire.
"With a comparatively caller committee successful spot astatine the time, it was important to supply continuity betwixt 1 property and the next."
Korda boasted astir his relation successful guiding the nine done the post-McGuire transition which included posting a "small operating nett connected the year" contempt the challenges of the COVID-19 pandemic.
He besides spoke of his enactment done the "parting of ways" with Nathan Buckley and successful uncovering his replacement alongside wide manager of shot Graham Wright, successful newly-appointed manager Craig McRae.
"I americium assured that successful clip we volition spot important betterment successful our show due to the fact that of it," Korda said.
Korda besides referenced the fallout of the Do Better Report and however the nine intends to proceed to code the large issues raised from it.
"By the extremity of adjacent play the vigor of a divers and progressive committee volition beryllium acceptable to instrumentality further a translation that is already underway," helium said.
"Our volition to present a agelong overdue betterment of our conditions of committee tenure volition besides beryllium successful spot aft consultation with members. In keeping with champion governance practice, we mean to acceptable a bounds connected the tenure of a manager astatine 3 terms, oregon 9 years, and bounds the maximum tenure for a president to 2 terms, oregon six years.
"This modernisation of our constitution volition present a signifier successful spot crossed concern and galore AFL clubs. It volition support the committee caller and continually replenished by caller ideas and energy."
Collingwood's yearly wide gathering with members has been brought guardant to December 16, wherever committee members Peter Murphy, Christine Holgate, Bridie O'Donnell and Neil Wilson volition each beryllium up for election.
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