CALGARY, AB, May 8, 2023 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX: ALA) today announced the appointment of Vern Yu as the company’s next President and Chief Executive Officer, effective July 1, 2023. Mr. Yu will also join AltaGas’ Board of Directors at the same time. The announcement follows an extensive global search process conducted by the Transition Committee of the Board, which included the evaluation of highly qualified internal and external candidates and was aided with the support of a global executive search firm.
“Vern is a highly capable and seasoned leader with three decades of experience across the energy infrastructure value chain, including the Utilities and Midstream markets, and we are excited to have him join the AltaGas team,” said Pentti Karkkainen, Board Chair at AltaGas. “Known as a strong and engaged leader that empowers people, Vern is well-regarded for his strategic mindset, commercial acumen, and intimate knowledge of the North American energy infrastructure markets. The Board believes Vern’s strong experience across a wide range of commercial, operational, and financial leadership roles, including lower-carbon ventures, will be…