Business
Hydro One Limited appoints Megan Telford as President and CEO following David Lebeter's retirement on June 9, 2026
Hydro One Limited appoints Megan Telford as President and CEO following David Lebeter's retiremen...
About this update from Hydro One Limited
[{"type":"text","content":"\n\n\nHydro One Limited appoints Megan Telford as President and CEO following David Lebeter's retirement on June 9, 2026\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\nCanada NewsWire\n\n\nAppointment ensures continuity as the company continues to power Ontario's growth TORONTO, Feb. 26, 2026 /CNW/ - Today, Hydro One Limited (Hydro One) announced that David Lebeter will retire from his role as President and CEO, effective June 9, 2026, and will remain as a special advisor with the company until October 10, 2026. The Board also announced that they have appointed Megan Telford, Hydro One's Chief Operating Officer, as President and CEO effective June 9, 2026.\n\"This announcement represents the result of a comprehensive and carefully considered succession planning process undertaken by the Board with the support of a professional external advisor. Megan is a strong successor and highly-regarded leader who joined the organization in 2020. Her executive leadership roles at Hydro One have included responsibility for Health, Safety and Environment, Strategy, System Planning, Growth, Distribution and Transmission Operations, Human Resources, Labour Relations, Indigenous Relations, Corporate Affairs and Customer Care. In her new role, she will continue to solidify Hydro One's position as a leading utility,\" said Melissa Sonberg, Chair of the Board of Directors, Hydro One.\"On behalf of the Board of Directors, I extend our heartfelt thanks to David for his exceptional leadership and for building a strong executive team. David has successfully delivered operational and customer-service excellence, improved outcomes in employee safety, created shareholder value and laid the groundwork for the construction of hundreds of kilometers of new transmission lines over the next two decades,\" added Sonberg.\"I thank Hydro One's Board, leadership team and every employee for delivering value for our customers and shareholders,\" said David Lebeter, President and CEO, Hydro One. \"Ontario's demand for electricity is increasing, as is the investment required t...