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.
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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.
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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.
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