AltaGas CEO heads for retirement, COO to take reigns
David Harris will take over as chief for company founder, David Cornhill
CALGARY—AltaGas Ltd. has announced the company’s CEO, David Cornhill, has announced his intention to retire from the Calgary-based energy infrastructure and utility company.
Cornhill will pass the torch to the company’s president and COO, David Harris, April 15, 2016. He will remain chairman of the board, however, continuing to play an active role in the company’s strategy development and stakeholder relations.
“My focus is to ensure our continuing commitment to development and ownership of clean energy infrastructure,” Cornhill, who has served 21 years with the company, said. “Thinking about the future of our company and how we maintain our entrepreneurial culture as we move forward in a financially disciplined manner will be my priority.”
Harris, who has more than 25 years of experience in the energy infrastructure business, most recently played a “critical role” in AltaGas’ completion of its Northwest Hydro projects and the growth of AltaGas’ U.S. power business.
In addition to the top-tier shuffle, AltaGas has also appointed two new independent directors to its board. Victoria Calvert, a professor of entrepreneurship and international business at Mount Royal University and Phillip Knoll, a professional engineer and the president of Knoll Energy Inc., will join the company’s board effective Nov. 1.