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AltaGas Announces Resignation of David Harris, President and CEO: Company to be Led by Co-CEO's David Cornhill Chairman and Founder, and Phillip Knoll Experienced Industry Veteran and Board Member, on an Interim Basis
AltaGas Announces Resignation of David Harris, President and CEO: Company to be Led by Co-...
About this update from Altagas Ltd.
[{"type":"text","content":"\n\n\n\nAltaGas Announces Resignation of David Harris, President and CEO: Company to be Led by Co-CEO's David Cornhill Chairman and Founder, and Phillip Knoll Experienced Industry Veteran and Board Member, on an Interim Basis\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\n\nCanada NewsWire\nCALGARY, July 25, 2018\n\n\n\nKey strategic priorities, financing plan for WGL and business operations remain unchanged and on track\n\n\n\nCALGARY, July 25, 2018 /CNW/ - AltaGas Ltd. (AltaGas) (TSX: ALA) announced today David Harris has resigned from his position as President and Chief Executive Officer effective immediately.  Mr. Harris has also resigned from his position on the AltaGas Board. The Board of Directors of AltaGas and Mr. Harris have mutually agreed to his resignation due to a complaint under review by the Board.  This complaint is not related to AltaGas' strategy, operations or financial reporting.  \n\n\"My tenure at AltaGas has been a privilege – whether it was driving key projects to completion like the Northwest BC Hydroelectric Facilities, or leading AltaGas as CEO for the last two years during a time of transformational change,\" said Mr. David Harris.  \"AltaGas has exceptional assets, and is poised to become a leader in the new energy economy.\n\n\"With the closing of the acquisition of WGL, the RIPET project in its final stages of development, and the $6 billion in growth opportunities over the next few years, AltaGas' future is bright,\" continued Mr. Harris.  \"I leave AltaGas feeling proud of the team's accomplishments, and I look forward to seeing their continued success.\"\n\nDavid Cornhill, Founder and Chairman of AltaGas, and Phillip Knoll, an experienced industry veteran and Board member, will act as interim co-CEOs until a replacement is found.  A search committee of the Board of Directors has been formed, and the search is currently underway.  The process to appoint the permanent CEO will be conducted in a thoughtful, thorough, but expeditious manner.\n\nMr. Cornhill's m...