MISSISSAUGA, ON, Feb. 26, 2014 /CNW/ - Today, Enersource Corporation announced the appointment of Peter Gregg, as President and Chief Executive Officer.
"I'm pleased to announce that after a thorough search over the last few months, the Enersource Board of Directors has identified Peter Gregg as the successful candidate. Peter is the ideal candidate to lead this great organization into the future," said Enersource Chair Norm Loberg.
Prior to his appointment as President and Chief Executive Officer of Enersource Corporation, Mr. Gregg served for 10 years within Hydro One Networks, most recently as Chief Operating Officer.
Mayor Hazel McCallion representing the City of Mississauga, which is also the 90% shareholder, was very pleased with the selection of Mr. Gregg. She said, "We are very confident that we have made the right choice for the organization to continue to serve the residents of Mississauga in a way that we have become accustomed to - and that is to provide safe, reliable and affordable electricity and take Enersource to the next level through growth and innovation."
During his most recent role at Hydro One, Peter was responsible for overseeing and directing the province-wide operations of the business. Prior to his current role, Peter held various senior-level roles at Hydro One and the Greater Toronto Airports Authority during its major infrastructure development phase.
"We look forward to working with Peter to continue the outstanding operating track record of the company and to pursue the exciting growth opportunities in the industry," said Michael Rolland, President and CEO of Borealis Infrastructure, 10% shareholder of Enersource.
Mr. Gregg holds a Master of Business Administration from the Richard Ivey School of Business from the University of Western Ontario.
Mr. Gregg will be wrapping up obligations to Hydro One over the coming weeks and his start date at Enersource will be announced shortly.
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).
Image with caption: "Enersource Logo (CNW Group/Enersource Hydro Mississauga)". Image available at: http://photos.newswire.ca/images/download/20140226_C7540_PHOTO_EN_37164.jpg
SOURCE: Enersource Hydro Mississauga
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