Hydro One Limited appoints Mark Poweska as President and CEO
Hydro One's Board of Directors is pleased to announce the appointment of Mark Poweska as the company's new President and CEO, following a thorough and competitive international search process.
Mr. Poweska is a highly regarded leader with deep experience in the electrical utility sector. With over 25 years of experience at BC Hydro, he currently serves as Executive Vice President, Operations, with responsibility for all aspects of the company's electricity generation, transmission and distribution operations. Throughout his career, he has prioritized safety, exceptional customer service, driving efficiencies and improving the reliability of the electricity system.
"Building on 100 years of proudly powering homes and businesses in Ontario, we believe Mark is the right person to focus on what matters most to our customers, employees, investors and all stakeholders," said Tom Woods, Chair of the Board of Hydro One. "Mark's proven record in building a strong safety culture, exceeding customer expectations and improving operational performance will help to ensure that Hydro One is strong now and into the future."
Mr. Poweska is an engineer with experience at all levels of the electricity industry, from front line to executive responsibility, in all three parts of the business: generation, transmission and distribution. He has a proven ability to build and maintain excellent relationships with industry partners, unions, Indigenous communities, regulators and all levels of government.
"I am very excited for the opportunity to take on this leadership role at Hydro One, which plays a critical part in the lives of everyone in Ontario," said Mr. Poweska. "I am committed to Hydro One being a customer-friendly company delivering safe, affordable and reliable power. I look forward to getting to work and to developing a strategic plan to deliver on these goals."
"My immediate priorities include getting to know the Hydro One team, establishing a positive working relationship with all of our key stakeholders, Indigenous communities and the Government of Ontario, and working to earn the ongoing trust and confidence of the investment community."
Mr. Poweska will begin at Hydro One in early May, succeeding Acting President and CEO Paul Dobson, who will remain with the organization for a period of time to provide support during the transition.
"On behalf of the Hydro One Board of Directors, I want to thank Paul for his exceptional leadership since he took on his current role in July 2018, from his prior position as Chief Financial Officer," Mr. Woods added.
Forward looking statements apply.