Hydro One Appoints Interim Chair Susan Wolburgh Jenah Amid Election Campaign Challenges

Hydro One Appoints Interim Chair to Steer Board Amid Election Campaign

Hydro One Limited, Ontario's largest electricity transmission and distribution provider, announces the appointment of Susan Wolburgh Jenah as Interim Chair of the Board of Directors. This decision follows the unpaid leave of Timothy Hodgson, the current Chair, who is actively campaigning for the Liberal Party of Canada in the upcoming federal election. Wolburgh Jenah, who joined the board on January 1, 2020, brings an extensive background with over 40 years of experience in regulation and corporate governance. She has served in senior roles, including as the founding President and CEO of the Investment Industry Regulatory Organization of Canada (IIROC) and has held positions at the Ontario Securities Commission.

In her new role, Wolburgh Jenah will also continue to chair the Governance and Regulatory Committee while being a member of the Indigenous Peoples, Safety and Operations Committee. Her appointment comes at a pivotal time for Hydro One, a company that serves approximately 1.5 million customers and holds assets valued at around $36.7 billion as of the end of 2024. The company has demonstrated a strong commitment to community engagement and economic development, investing approximately $3.1 billion in its networks and contributing about $2.9 billion in goods and services to the local economy over the past year.

Wolburgh Jenah's leadership is expected to support Hydro One's strategic direction during a critical period. With a solid foundation in regulatory affairs and corporate governance, she is well-positioned to guide the board through challenges related to governance and operational oversight. As the company navigates both its internal agenda and the broader implications of the federal election, her experience will be invaluable in ensuring consistent leadership and continued focus on its mission to provide reliable electricity to Ontario.

In other developments, Hydro One continues to bolster its community support initiatives. The company's significant investment in local goods and services not only aids in economic development but also strengthens relationships with its stakeholders. With a workforce of approximately 10,100 employees, Hydro One remains dedicated to fostering a culture of safety and operational excellence, ensuring that it meets the needs of its customers effectively and efficiently. The strategic leadership of Susan Wolburgh Jenah comes at a time when effective governance and community engagement are more crucial than ever.