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Hydro One Ltd. CEO Mayo Schmidt Retired

Hydro One board, CEO Mayo Schmidt step aside, bow to pressure from Ontario Premier Doug Ford

The entire board of Hydro One Ltd. is resigning and chief executive officer Mayo Schmidt has announced his immediate retirement, succumbing to pressure from Ontario Premier Doug Ford for new leadership at the electrical utility. Mr. Schmidt became a repeated target for Mr. Ford during the Ontario election campaign as the Progressive Conservative Leader courted an electorate unhappy with expensive electricity.


Name: Mayo Schmidt

Country: Canada

Company: Hydro One Ltd.

Position: CEO

Reason: Retired

Announcement Date: July 10, 2018, 10:00pm

Resignation Date: July 10, 2018, 10:00pm

Source 1: https://www.theglobeandmail.com/canada/article-entire-ontario-hydro-one-board-to-resign-ceo-to-step-down/


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