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Board of Director Chair News
Hydro One Chair will not seek Reappointment
TORONTO - Rita Burak, Chair of the Board of Directors of Hydro One Inc., has informed the Minister of Energy that she will not be seeking reappointment in the new year.
"This was a difficult decision for me," said Burak. "I have truly enjoyed
my six years on the Hydro One Board and nearly five years as Chair and I am
proud of our accomplishments - the Company is very sound both financially and
operationally. I am also pleased to be leaving the company in the capable
hands of my fellow board members, our CEO and her great team."
Ontario Energy Minister Gerry Phillips praised Burak for her exceptional
leadership at Hydro One and her broader, invaluable contributions to the
people of Ontario.
"Ms. Burak has done an exceptional job with the Board of Hydro One," said
Minister Phillips. "It is with great reluctance, but complete understanding,
that we accept her decision to devote more of her time to the most important
endeavour in life - family. She will carry our best wishes when she completes
her appointment as Chair this spring."
Ms. Burak will continue as Chair until the Minister of Energy appoints a
successor in the new year.
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