Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Selecting your primary region ensures you get the stories that matter to you first.

Hydro One chairman Tom Woods stepping down from board at the end of July

Hydro One chairman Tom Woods stepping down from board at the end of July | iNFOnews.ca
A Hydro One office is pictured in Mississauga, Ont., on November 4, 2015. Hydro One Ltd. says chairman Tom Woods is stepping down from its board of directors at the end of July. THE CANADIAN PRESS/Darren Calabrese

TORONTO – Hydro One Ltd. says chairman Tom Woods is stepping down from its board of directors at the end of July.

Woods was among the 10 new directors named last year as replacements after for the company’s previous board resigned amid pressure from Ontario’s Progressive Conservative government.

The former CIBC executive helped lead Hydro One through several key milestones including the hiring of Mark Poweska as chief executive.

Woods says he is leaving with a sense of accomplishment knowing that the CEO and the board are now ready for the next steps in defining how they will serve the interests its of customers.

Hydro One is Ontario’s largest electricity transmission and distribution provider with almost 1.4 million customers.

Companies in this story: (TSX:H)

News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

Abbey Westbury

Related Articles