Hydro One Ltd. appoints Tim Hodgson as the utility’s next chairman
Ontario's largest electricity transmission and distribution company replaces Tom Woods
TORONTO – Ontario’s largest electricity transmission and distribution company has appointed Tim Hodgson as the Chair of the Board commencing August 1.
“Tim, who is a member of our Board, is a highly qualified leader with deep business and policy experience,” said Blair Cowper-Smith, chair of Hydro One’s Governance Committee. “Tim has proven capabilities and experience enabling him to provide leadership to the Board as it carries out its oversight responsibilities of Hydro One.”
Hodgson is managing partner of Alignvest Management Corp., a private alternative asset management firm, and is also a director of Alignvest Acquisition II Corp.
Hodgson is the chair of the Investment Committee of PSP Investments, one of Canada’s largest pension investment managers, which invests funds for the pension plans of the federal Public Service, the Canadian Armed Forces and the Royal Canadian Mounted Police.
His background includes time as a special advisor to the Governor of the Bank of Canada, and a number of roles with Goldman Sachs, including serving as CEO of Goldman Sachs Canada.
Hodgson replaces Tom Woods, who is stepping down from the Board of Directors at the end of July.