- Hydro One (H) has named David Lebeter as its new President and CEO
- Lebeter brings more than 40 years of experience in the utility and forestry sectors
- He currently serves as the company’s COO
- Before joining Hydro One, he held executive positions in safety and operations for over 14 years at B.C. Hydro and 23 years in the forestry industry
- Hydro One is Ontario’s largest electricity transmission and distribution provider
- Hydro One (H) is down by 1.02 per cent, trading at $36.07 per share
Hydro One (H) has named David Lebeter as its new President and CEO.
Lebeter brings more than 40 years of experience in the utility and forestry sectors with a strong reputation for productivity, relationship building and customer-centricity.
He currently serves as the company’s COO overseeing construction, maintenance and vegetation management, as well as system operations, asset planning and engineering.
Before joining Hydro One, he held executive positions in safety and operations for over 14 years at B.C. Hydro and 23 years in the forestry industry.
He previously served as an Executive Board Member for Smart Grid Northwest, Operations Board Member for Western Energy Institute, and Chairman of the Distribution Council with the Canadian Electricity Association.
Lebeter’s appointment is effective February 1.
“David is a highly regarded leader with a proven record of building strong teams and improving safety, reliability, customer experience and productivity,” stated Timothy Hodgson, Chair of Hydro One.
“I am excited to lead this great company and a strong team as we continue to deliver on our strategy of focusing on reliability, safety, customers and Indigenous communities to build a stronger and more prosperous Ontario,” added Lebeter.
Hydro One is Ontario’s largest electricity transmission and distribution provider with 1.5 million customers, 2021 revenue of $7.2 billion and $30.4 billion in assets as of December 31, 2021.
Hydro One (H) is down by 1.02 per cent, trading at $36.07 per share as of 10:31 am EST.