Canada markets closed
  • S&P/TSX

    20,181.44
    -88.53 (-0.44%)
     
  • S&P 500

    4,274.04
    -31.16 (-0.72%)
     
  • DOW

    33,980.32
    -171.69 (-0.50%)
     
  • CAD/USD

    0.7741
    -0.0005 (-0.07%)
     
  • CRUDE OIL

    87.56
    -0.55 (-0.62%)
     
  • BTC-CAD

    30,296.19
    -861.49 (-2.76%)
     
  • CMC Crypto 200

    557.51
    -15.30 (-2.67%)
     
  • GOLD FUTURES

    1,780.30
    +3.60 (+0.20%)
     
  • RUSSELL 2000

    1,987.31
    -33.22 (-1.64%)
     
  • 10-Yr Bond

    2.8930
    +0.0690 (+2.44%)
     
  • NASDAQ futures

    13,451.25
    -42.00 (-0.31%)
     
  • VOLATILITY

    19.90
    +0.21 (+1.07%)
     
  • FTSE

    7,515.75
    -20.31 (-0.27%)
     
  • NIKKEI 225

    28,908.05
    -314.72 (-1.08%)
     
  • CAD/EUR

    0.7594
    -0.0013 (-0.17%)
     

Hydro One CEO Mark Poweska stepping down, William Sheffield named interim CEO

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

TORONTO — Hydro One Ltd. says chief executive Mark Poweska is stepping down.

The Toronto-based company says he is leaving to take a leadership position at a utility closer to his family in Western Canada later this year.

Hydro One says William Sheffield has been appointed interim president and CEO.

Sheffield has been a member of the company's board of directors since 2018.

Poweska was named CEO of Hydro One in 2019.

The company says he will remain with Hydro One as an adviser to help Sheffield with the transition.

This report by The Canadian Press was first published June 21, 2022.

Companies in this story: (TSX:H)

The Canadian Press

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting