Hydro One Announces Interim Chair of the Board: Susan Wolburgh Jenah
Toronto, March 25, 2025 – Hydro One Limited, Canada’s largest electricity transmission and distribution utility, announced today that Susan Wolburgh Jenah has been selected by the Board of Directors to serve as Interim Chair. The current Chair, Timothy Hodgson, has taken an unpaid leave of absence to run in the federal election for the Liberal Party of Canada.
Background on Hydro One
Hydro One is a leading electricity transmission and distribution utility in North America. It serves over 1.3 million customers in Ontario and generates approximately 15 TWh of electricity annually. The company is committed to providing safe and reliable electricity and is a significant contributor to the Province of Ontario’s economy.
Impact on Hydro One
The departure of Timothy Hodgson as Chair of Hydro One’s Board of Directors comes at a critical time for the company. Hydro One is currently undergoing a major transformation, including the implementation of a new strategic plan and the modernization of its infrastructure. The Interim Chair, Susan Wolburgh Jenah, brings a wealth of experience to the role, having served on the Board since 2016 and as Vice-Chair since 2020.
Ms. Jenah’s extensive background in finance and governance will be invaluable in guiding Hydro One through this period of change. She has previously served as the Chief Financial Officer of a major Canadian corporation and as a Partner at a leading international accounting firm. Her expertise in financial management and strategic planning will help ensure that Hydro One remains focused on its core business and continues to deliver value to its customers and shareholders.
Impact on the World
The change in leadership at Hydro One’s Board of Directors is not expected to have a significant impact on the global electricity industry. However, it does highlight the increasing trend of political figures becoming involved in the energy sector. Mr. Hodgson’s decision to leave the Board to run for office is a reminder of the important role that energy companies play in the political landscape.
Effect on Customers and Shareholders
The impact of the change in leadership at Hydro One’s Board of Directors on customers and shareholders is uncertain. However, Ms. Jenah’s experience and expertise in financial management and strategic planning should help ensure that Hydro One continues to provide reliable electricity to its customers and generate value for its shareholders.
Conclusion
The departure of Timothy Hodgson as Chair of Hydro One’s Board of Directors and the appointment of Susan Wolburgh Jenah as Interim Chair marks an important moment in the history of Canada’s largest electricity transmission and distribution utility. Ms. Jenah’s extensive background in finance and governance will be invaluable in guiding Hydro One through its ongoing transformation. While the impact on the global electricity industry is expected to be minimal, the trend of political figures becoming involved in the energy sector is a reminder of the important role that energy companies play in the political landscape.
- Hydro One Limited announces Susan Wolburgh Jenah as Interim Chair of the Board
- Timothy Hodgson takes leave of absence to run in federal election
- Ms. Jenah brings extensive experience in finance and governance to the role
- Impact on global electricity industry expected to be minimal
- Political involvement in energy sector continues to grow
