Friday, August 15, 2025
Hydro One Limited announced that David Lebeter, president and CEO, will take a temporary compassionate care leave, effective August 25, 2025, to care for a family member. Lebeter will continue to support the company on an advisory basis until his return. The Board of Directors has appointed Harry Taylor as Interim President and CEO. Mr. Taylor will also continue to serve as EVP, Chief Financial and Regulatory Officer.
Taylor joined the organization in 2024 as Executive Vice President, Chief Financial and Regulatory Officer. Mr. Taylor is a seasoned executive, who has driven profitable growth and strengthened financial capabilities across several top-tier organizations.
Following an extensive search, the Board has also appointed Michael W. Rencheck to the company’s Board of Directors effective August 14, 2025.
Rencheck has more than four decades of experience as a trusted leader and advisor with a strong track record of driving operational excellence, strategic growth, governance and financial performance in the energy industry.
Taylor oversees the legal, corporate finance, and regulatory functions, including treasury and tax, internal audit, risk management, pensions, investor relations and shared services such as supply chain.
Before joining Hydro One in 2024, he held the position of CFO and briefly, interim CEO of WestJet Airlines until December 2022. Taylor is an engaging and inspirational leader who has driven profitable growth and built financial acumen across organizations.
Prior to his time at WestJet, Mr. Taylor was Chief Financial Officer, senior finance leader or division president in Canada and the United States for Canadian Tire Corporation, Holt Renfrew Limited, The Home Depot and PepsiCo/Frito-Lay.
Rencheck is an experienced executive and leader in nuclear energy generation. He most recently served as president and CEO of Bruce Power. Prior to joining Bruce Power in 2016, he served as the Deputy CEO for AREVA Group, overseeing its extensive global portfolio of nuclear and renewable projects. Prior to this, he served as president and CEO of AREVA Inc. in North America, leading its diverse nuclear manufacturing and services business in Canada and the United States with a workforce of approximately 5,000 people.
Rencheck is a Professional Engineer and certified senior reactor operator. He has also served on the Board of Directors of numerous organizations including the Electric Power Research Institute and is active in the communities of Bruce, Grey and Huron Counties.
Featured image: (Rotman)
