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

- Intrepid Fiber breaks ground on fiber optic network in Superior, Colo.
- Excavator collides with I-95 overpass in Henrico, Va., causing multi-vehicle crash
- Shrewsbury, Mass., expands sewer inspections and cleaning efforts
- Construction worker killed in trench collapse near Prosperity, S.C.
- Two workers rescued after hours trapped in Mich. trench collapse
- WES tunnel boring machine retrieved from Oregon river after seven-month project
- Illinois overhauls Peoples Gas pipeline program, mandates focus on high-risk pipes
- Ameren Illinois to invest $140 million in natural gas pipeline replacement program
- Charlottesville, Va., to begin work on 24-inch water line for Rivanna River crossing
- Mass. governor slams Trump for ‘dangerous delay’ of $50 million in lead pipe replacement funds
Comments