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ALTAGAS Announces Vern Yu As President and Chief Executive Officer
ALTAGAS Announces Vern Yu As President and Chief Executive Officer Canada NewsWire ...
About this update from Altagas Ltd.
[{"type":"text","content":"\n \n \n \n ALTAGAS Announces Vern Yu As President and Chief Executive Officer\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n May 8, 2023\n \n \n /CNW/ -\n \n AltaGas Ltd. (\"AltaGas\" or the \"Company\")\n \n (TSX: ALA) today announced the appointment of\n \n Vern Yu\n \n as the company's next President and Chief Executive Officer, effective\n \n July 1, 2023\n \n . Mr. Yu will also join AltaGas' Board of Directors at the same time. The announcement follows an extensive global search process conducted by the Transition Committee of the Board, which included the evaluation of highly qualified internal and external candidates and was aided with the support of a global executive search firm.\n \n \n \"Vern is a highly capable and seasoned leader with three decades of experience across the energy infrastructure value chain, including the Utilities and Midstream markets, and we are excited to have him join the AltaGas team,\" said\n \n Pentti Karkkainen\n \n , Board Chair at AltaGas. \"Known as a strong and engaged leader that empowers people, Vern is well-regarded for his strategic mindset, commercial acumen, and intimate knowledge of the North American energy infrastructure markets. The Board believes Vern's strong experience across a wide range of commercial, operational, and financial leadership roles, including lower-carbon ventures, will be instrumental in advancing AltaGas' corporate strategy of operating long-life infrastructure assets that connect customers and markets and are positioned to provide resilient and durable value for AltaGas' stakeholders. Vern shares AltaGas' core values, has strong character, and will complement the Company's deep bench strength of senior leaders that have been internally developed and externally added in recent years to deliver strong and compounding stakeholder value creation in the years ahead.\"\n \n \n Mr. Yu joins AltaGas after a successful three-decade career at Enbridge Inc. where he most recently served as Executive Vice President, Corporate D...