(RTTNews) - Hydro One Limited (H.TO), a Canadian electricity transmission and distribution firm, said on Tuesday that its President and Chief Executive Officer Mark Poweska will step down to assume a top role at a utility later this year.
Subsequently, William Sheffield, a director since 2018, has been appointed as President and chief executive, on interim basis, as the company begins a thorough CEO selection process.
Sheffield is a former CEO of Sappi Fine Papers, headquartered in the U.K. and South Africa.
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