Hodgson replaces Tom Woods, another Ford appointee who is stepping down from the board after a year as interim head. “I don’t think this is going to mark a sharp turn for the Hydro One board. The salary cap of $1.5 million for the new chief executive was ordered by the government in March after the board at Hydro One proposed $2.78 million. The government passed legislation last summer giving it the power to control executive salaries at Hydro One until 2022. Former BC Hydro executive vice-president Mark Poweska, a mechanical engineer, started the job in May.

Source: thestar July 02, 2019 22:41 UTC