- Algonquin Power & Utilities (TSX/NYSE:AQN) announces Rod West as its new chief executive officer effective March 7, 2025
- West served as Entergy’s group president of utility operations since 2017, where he oversaw operational and financial performance for the brand’s five companies
- Algonquin Power & Utilities is a diversified international generation, transmission and distribution utility
- Algonquin Power & Utilities stock has given back 20.83 per cent year-over-year and 68.85 per cent since 2020
Algonquin Power & Utilities (TSX/NYSE:AQN) announces Rod West as its new chief executive officer (CEO) effective March 7, 2025.
West has served as Entergy’s group president of utility operations since 2017, where he oversees operational and financial performance for the brand’s five underlying companies. His 25-year career at Entergy also includes tenures as:
- Executive vice president and chief administrative officer from 2010-2017, managing the company’s shared services functions across utility, nuclear and wholesale operations, including finance, supply chain, customer service, business processes, information technology, federal policy, regulatory and governmental affairs, as well as environmental strategy.
- President and chief executive officer of Entergy New Orleans from 2007-2010, leading the company out of post-Hurricane Katrina bankruptcy and back to profitability.
West holds an MBA from Tulane University and a bachelor’s degree from the University of Notre Dame, where he played linebacker and tight end for Coach Lou Holtz and the Fighting Irish’s 1988 National Championship football team.
The new CEO replaces Chris Huskilson, who will continue as a member of Algonquin’s board.
Leadership insights
“Algonquin has undergone a transformation and there’s significant opportunity to advance its position as a pure-play regulated utility,” West said in a statement. “I am excited to begin working alongside the Algonquin team as we continue to transition the company to create sustainable and meaningful value for its stakeholders.”
“It was a privilege to step in as CEO of Algonquin and I am proud of what the team has accomplished,” Huskilson commented. “There is no doubt Rod has the right set of leadership skills, expertise and vision to lead the company to new heights as a regulated utility, and I am committed to facilitating a smooth transition as we embark on this new chapter.”
“Algonquin is in the process of transitioning to a pure-play regulated utility and Rod is the right person to lead the company forward at this important time,” added Randy Laney, chairman of Algonquin Power & Utilities. “The board and I are delighted to welcome Rod as Algonquin’s incoming CEO. We are confident Rod’s deep experience and track record of delivering outstanding customer service and creating value in the regulated utility industry will accelerate the company’s transformation for the benefit of our customers, shareholders and the entire Algonquin team. We are excited about Algonquin’s future and look forward to working closely with Rod and the management team to execute our strategy and unlock value for our stakeholders.”
“We would also like to thank Chris for stepping in as CEO and making substantial and concrete progress in executing the company’s value-enhancing strategic plan, including the sale of the company’s interest in Atlantica, the carve-out and sale of our renewable energy business (excluding hydro), and taking initial steps to optimize Algonquin’s cost structure and operational efficiency,” Laney concluded. “We are deeply grateful for all his efforts and achievements in moving the company down the path towards a brighter future.”
About Algonquin Power & Utilities
Algonquin Power & Utilities is a diversified international generation, transmission and distribution utility.
Algonquin Power & Utilities stock (TSX:AQN) is up by 0.96 per cent trading at C$6.31 per share as of 9:31 am ET. The stock has given back 20.83 per cent year-over-year and 68.85 per cent since 2020.
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(Top photo of Rod West, incoming CEO of Algonquin Power and Utilities: Algonquin Power and Utilities)
