Hydro One Limited Announces Interim Board Leadership Change
In a notable announcement, Hydro One Limited has selected Susan Wolburgh Jenah to assume the role of Interim Chair of the Board of Directors. This decision follows the temporary leave of the current Chair, Timothy Hodgson, who is pursuing a position in an upcoming federal election.
About Susan Wolburgh Jenah
Susan has been a pivotal member of Hydro One's Board since January 2020, where she has significantly contributed to governance as Chair of the Governance and Regulatory Committee. She is also an active participant in the Indigenous Peoples, Safety and Operations Committee.
Professional Background
With an impressive career spanning four decades, Susan Wolburgh Jenah stands out as a leading corporate director. Her extensive experience encompasses high-level regulatory positions, executive roles, and memberships on various not-for-profit boards and advisory committees.
Current and Past Positions
Presently, she serves on the board of Aecon Group Inc. where she chairs the Corporate Governance, Nominating and Compensation Committee. Her previous roles include Vice-Chair of Humber River Hospital and membership in the Independent Review Committee of Vanguard Investments Canada. Her expertise also extends to serving as a Public Governor for the U.S. Financial Industry Regulatory Authority and holding key positions in notable firms such as the NEO Exchange and Laurentian Bank of Canada.
Susan was instrumental in founding IIROC, taking on the role of President and CEO, and she held various executive titles at the Ontario Securities Commission, including acting as Vice-Chair and General Counsel.
Education and Community Involvement
Ms. Wolburgh Jenah earned her Bachelor of Arts from the University of Toronto and holds a Juris Doctor from Osgoode Hall Law School. Her commitment to community and education is evident through her involvement with the C.D. Howe National Advisory Council and her mentorship in the Catalyst Women on Board Program. She has also served as an Adjunct Professor at Osgoode Hall and was honored with the Osgoode Hall Gold Key for Achievement.
Overview of Hydro One Limited
Hydro One Limited stands as Ontario's leading electricity transmission and distribution company, committed to serving approximately 1.5 million customers. The company's assets, valued at approximately $36.7 billion at the end of last year, have facilitated annual revenues around $8.5 billion.
With roughly 10,100 dedicated employees, Hydro One is crucial in ensuring the safety and reliability of the electricity system that supports thriving communities. In its efforts to enhance service, the company invested around $3.1 billion in its network while also supporting the local economy through significant procurement of goods and services.
Hydro One is dedicated to social responsibility, focusing on sustainability, community engagement, and diversity, which are integral to its operational ethos and strategic direction.
Frequently Asked Questions
Who is the new Interim Chair of Hydro One Limited?
Susan Wolburgh Jenah has been appointed as the Interim Chair of the Board at Hydro One Limited.
What is Susan Wolburgh Jenah's background?
She has a wealth of experience in corporate governance, regulation, and law, spanning over four decades across various influential boards.
What roles has Susan Wolburgh Jenah held in the past?
Previously, she has served as President and CEO of IIROC, as well as holding key positions at the Ontario Securities Commission and other significant organizations.
What is Hydro One Limited's market position?
Hydro One Limited is Ontario's largest electricity provider, trusted by over 1.5 million customers.
How does Hydro One support the community?
The company is committed to sustainability and social initiatives while investing significantly in local economies.
