Hydro One names third CEO in five years, promotes internal executive to top post

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

Canada Headlines News

Canada Latest News,Canada Headlines

Chief operating officer David Lebeter becomes next CEO of Ontario-based power utility

, one of Canada’s largest power utilities, promoted its chief operating officer to chief executive after its former leader abruptly left last summer to run an Alberta rival.

The utility used to be owned by the Ontario government but was privatized in 2015 by the provincial Liberals. At the time, the decision was politically controversial because electricity prices in the province were rising and some voters mistakenly believed the two events were connected. The Ontario government is Hydro One’s largest shareholder and Mr. Ford’s suggestion was that, as premier, he would not stand for taxpayer waste. Two months after he was elected,In response, Hydro One’s reconfigured board recruited Mr. Poweska from BC Hydro to be CEO, but he also lasted only three years. At the time of his resignation, Hydro One said Mr. Poweska was taking leadership position at a utility closer to his family in Western Canada. Calgary-based power utility Enmax Corp.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hydro One names chief operating officer, David Lebeter, as new chief executiveOntario electricity utility Hydro One names chief operating officer David Lebeter as new chief executive. Read on.
Source: nationalpost - 🏆 10. / 80 Read more »

Hydro One names chief operating officer, David Lebeter, as new chief executiveOntario electricity utility Hydro One names chief operating officer David Lebeter as new chief executive. Read on.
Source: financialpost - 🏆 7. / 85 Read more »

Hydro One promotes chief operating officer David Lebeter to president and CEODavid Lebeter will take over from interim president and CEO William Sheffield, who will help with the transition
Source: globeandmail - 🏆 5. / 92 Read more »

Hydro One promotes chief operating officer David Lebeter to chief executive - BNN BloombergHydro One Ltd. says David Lebeter has been named the company's new president and chief executive.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Hydro One promotes COO David Lebeter to CEOHydro One Ltd. says David Lebeter has been named the company\u0027s new president and chief executive. Of course they did. They patronize each other and always keep a small circle, the more corrupt the better.
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Hydro-Québec CEO Sophie Brochu to exit post after three years in the jobBrochu will step down in April, saying ‘the moment is right to pass the torch’ More power, not virtue globebusiness This is not good news if MinFitzgibbon takes over. He stated that is why he wanted during the election. If he does step in, francoislegault is complicit in watching over his buddy.
Source: globeandmail - 🏆 5. / 92 Read more »