Ontario Power Generation announces new CEO
Nicolle Butcher is to become president and CEO of Ontario Power Generation from 1 January, the company has announced. Current President and CEO Ken Hartwick is to retire at the end of 2024 after nearly nine years with the company.
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In her current role as Ontario Power Generation (OPG) chief operations officer, Butcher oversees one of North America's largest, most diverse electricity-generating fleets, the company said, and in addition to her operational experience, has led the company's corporate business growth and development, and commercial business functions, including energy trading and market affairs.
OPG has more than 18,000 MW of in-service generating capacity (as of 30 June) including 4,850 MW of capacity at its two nuclear power plants, Pickering and Darlington. The company is currently engaged in energy infrastructure projects including major refurbishments of its nuclear and hydroelectric fleets, development of small modular reactors, and exploring the potential for new generation opportunities to power the province's demand growth. It plans to become a net-zero carbon company by 2040.
The Province of Ontario is OPG’s sole shareholder and its Minister of Energy and Electrification, Stephen Lecce, said: "On behalf of the Government of Ontario, I extend our deepest gratitude to Ken Hartwick for his outstanding contribution to OPG and the significant strides he has made in delivering critical refurbishments and expansion of Ontario's nuclear and hydro fleets on-time and on-budget.
"As Ontario implements the most ambitious energy expansion plan in modern history, I have every confidence that incoming CEO, Nicolle Butcher, has the proven track record and operations experience to help us meet soaring energy demand."
