TORONTO, Feb. 26, 2014 /CNW/ - Hydro One President and CEO, Carm Marcello today announced that he has accepted the resignation of Peter Gregg, Hydro One's Chief Operating Officer. Mr. Gregg has been appointed to the role of President and CEO, Enersource.
Mr. Gregg joined Hydro One in 2004 and has held several progressive positions during his ten years with the Company. Mr. Gregg was appointed Chief Operating Officer in 2013 having also held the role of Vice President, Corporate and Regulatory Affairs. Prior to joining Hydro One, Mr. Gregg worked for the Greater Toronto Airports Authority during its major infrastructure development phase.
"On behalf of Hydro One, I would like to thank Peter for his significant contributions to the Company over the past ten years," said Carm Marcello, President and CEO, Hydro One. "I know that Enersource will benefit from Peter's knowledge, leadership and expertise in the sector. We will now take steps to ensure an orderly transition within our operations group."
Enersource is one of Ontario's most reliable energy providers, serving over 200,000 residential and commercial customers across Mississauga. It is a diversified energy and technologies company that serves customers through the distribution of electricity and the delivery of services related to the design, operation and maintenance of electrical systems. Ninety percent of Enersource Corporation is owned by the City of Mississauga, and 10% is owned by BPC Energy Corporation (Borealis), which is part of the Ontario Municipal Employees Retirement System (OMERS).
About Hydro One:
Hydro One delivers electricity safely, reliably and responsibly to homes and businesses across the province of Ontario and owns and operates Ontario's 29,000 km high-voltage transmission network that delivers electricity to large industrial customers and municipal utilities, and a 122,000 km low-voltage distribution system that serves about 1.3 million end-use customers and smaller municipal utilities in the province. Hydro One is wholly owned by the Province of Ontario.
SOURCE: Hydro One Inc.
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