Hydro One Begins Search for New CFO
4/26/2017
Hydro One Limited today announced that Michael Vels, Chief Financial Officer, will be leaving the company effective May 19, 2017 to assume the position of Executive Vice President and Chief Financial Officer of Empire and its wholly-owned subsidiary Sobeys Inc.
“We appreciate Michael’s many contributions to Hydro One during his tenure,” said Mayo Schmidt, President and Chief Executive Officer of Hydro One. “Over the past two years, Michael has been instrumental in transitioning Hydro One into an investor owned utility following the successful completion of the Initial Public Offering in 2015. On behalf of the Hydro One team we wish Michael all the very best in his new endeavors.”
Hydro One will commence an immediate search for a CFO successor.
Related News
From Archive
Sign up to Receive Our Newsletter
- TxDOT advances massive drainage tunnel beneath I-35 in Austin
- Glenfarne Alaska LNG targets late-2026 construction start for 807-mile pipeline project
- U.S. water reuse boom to fuel $47 billion in infrastructure spending through 2035
- $2.3 billion approved to construct 236-mile Texas-to-Gulf gas pipeline
- Major water pipe break in Puerto Rico hits over 165,000 customers
- Pennsylvania American Water launches interactive map to identify, replace lead water service lines
- Trump's tariffs drive $33 million cost increase for Cincinnati sewer project
- Utah city launches historic $70 million tunnel project using box jacking under active rail line
- Tulsa residents warned after sewer lines damaged by boring work
- Fatal trench collapse halts sewer construction in Massachusetts; two workers hospitalized
Comments