Business
AltaGas Ltd. Announces Expansion of Board and the Appointment of Three New Directors
AltaGas Ltd. Announces Expansion of Board and the Appointment of Three New Directors ...
About this update from Altagas Ltd.
[{"type":"text","content":"\n\n\n\nAltaGas Ltd. Announces Expansion of Board and the Appointment of Three New Directors\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\nCanada NewsWire\nCALGARY, July 26, 2018\n\n\n\nCALGARY, July 26, 2018 /CNW/ - AltaGas Ltd. (AltaGas) (TSX: ALA) announced today the expansion of its Board of Directors (the \"Board\") from nine to 12 seats and the appointment of three new Directors. The expansion of the Board reflects AltaGas' scope and growing complexity and the experience and expertise required by the Board to support AltaGas' business, operations and strategic objectives.\n\n\"We are firmly committed to having strong governance at AltaGas and a Board that reflects the broad skill set required to provide the appropriate insight as we enter this next phase of AltaGas' growth,\" stated David Cornhill, Chairman and Founder of AltaGas. \"With the completion of the acquisition of WGL, and our focus on creating a North American leader in clean energy infrastructure, we believe that it is the right time to expand our Board.\"\n\nThe three new Board members appointed are: Ms. Cynthia Johnston, Mr. Pentti Karkkainen and Mr. Terry McCallister.  \n\nCynthia Johnston was most recently Executive Vice President, Gas, Renewables and Operations Services at TransAlta Corporation (TransAlta). From 2011 to 2017, she held a number of executive positions with TransAlta. Ms. Johnston has more than 30 years of experience in the energy sector, primarily related to power generation, infrastructure and utilities, including 15 years of executive leadership experience with TransAlta and FortisAlberta. During her time with TransAlta, Ms. Johnston served on the Board of Directors of TransAlta Renewables Inc., TransAlta Cogeneration LP and TAMA Transmission LP. Ms. Johnston holds a Bachelor of Arts in Economics from the University of Calgary and a Masters in Applied Economics from the University of Victoria. She is a member of the Institute of Corporate Directors. \n\nPentti Karkkainen has over 30 years of investment management, energy sector research and investment bankin...