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Ian Robertson CEO of Algonquin Power & Utilities Corp. Retires
Ian Robertson CEO of Algonquin Power & Utilities Corp. Retires Ian Robertson C...
About this update from Algonquin Power & Utilities Corp.
[{"type":"text","content":"\n\n\n\nIan Robertson CEO of Algonquin Power & Utilities Corp. Retires\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nIan Robertson CEO of Algonquin Power & Utilities Corp. Retires\nCanada NewsWire\nOAKVILLE, ON, July 17, 2020\n\n\n\nArun Banskota Appointed CEO\n OAKVILLE, ON, July 17, 2020 /CNW/ - Algonquin Power & Utilities Corp. (\"APUC\" or the \"Company\") (TSX: AQN) (NYSE: AQN) announced today the retirement of Ian Robertson as Chief Executive Officer (\"CEO\") and the appointment of Arun Banskota as the incoming CEO. This transition has been a multi-year initiative by APUC's Board of Directors to support a smooth transition to new leadership while maintaining the Company's strong track record of growth and delivering long-term shareholder value. \n\"Ian has been a pioneer in the renewable energy business and brought to the Company an entrepreneurial spirit that will endure,\" said APUC Chairman Ken Moore. \"As a driving force behind the Company's extraordinary growth, the Company's performance is a direct result of Ian's passion and dedication which has resulted in APUC becoming a blue chip TSX60 company delivering essential utility services while also being a global leader in renewable energy.\" \nMr. Robertson co-founded the Company in 1988, focusing initially on developing hydroelectric facilities, followed by expansion into other generating modalities, including wind and solar energy, as well as leading the Company to become a large North American regulated utility delivering water, natural gas and electric services. APUC has grown to approximately U.S. $11 billion of total assets including over 2 GW of installed renewable generating capacity and has over 800,000 regulated utility customers. \n\"We are immensely grateful for Ian's countless contributions over the years, and his legacy of strong business performance, operational excellence, and commitment to sustainability. We wish Ian well in his future endeavours,\" Moore said. \nArun Banskota, who joined APUC as President in February 2020, officially takes o...