Ontario Power Generation (OPG) has appointed Ken Hartwick its new president and chief executive officer, effective April 1. Hartwick is replacing Jeff Lyash, who is leaving the organization effective March 31 “to take on another role.”
According to a press release, Hartwick formerly was the company’s chief financial officer and senior vice president finance. In this position, he led all operations under the finance portfolio, including strategy and risk management. He is an officer of the corporation and a member of the OPG Enterprise Leadership Team.
He joined the company in 2016. Under Hartwick, OPG launched Canada’s first utility green bond, expanded to the U.S. through the acquisition of Eagle Creek Renewable Energy LLC, and initiated an energy storage partnership.
Before joining OPG, Hartwick held a variety of positions at energy and financial companies, including CEO of Just Energy Group and CFO at Wellspring Financial and Hydro One. He began his career at Ernst & Young in the accounting and audit practice. Hartwick holds an Honours Bachelor of Arts degree in Business Administration from Trent University and is a Chartered Professional Accountant (CPA, CA).
“The Board is very pleased to have such an outstanding candidate and we are confident that Ken and the team will continue to deliver value to Ontarians,” said OPG Board Chair Bernard Lord. “Jeff came to OPG with the objective of building a strong team for the future, and he has accomplished that. He also arrived at a critical time for the Darlington Refurbishment Project [nuclear] – Canada’s largest green energy project – and has done an outstanding job setting up the project and the team for success.”
OPG owns 66 hydroelectric plants with an in-service capacity of 7,468 MW.