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Hydro One names board chair, acting CFO

Hydro One Ltd. has named Chris Lopez as acting CFO, effective Sept. 6.

Lopez most recently served as senior vice president of finance at the electricity transmission and distribution company, according to a Sept. 7 news release.

The Hydro One board also announced the appointment of Tom Woods as new chair, following a unanimous vote.

Woods, who spent his entire career at CIBC and held various executive roles, had served as interim chair of the Hydro One board since Aug. 14.

Pressured by the the Ontario government, Hydro One on July 11 announced the retirement of then-CEO Mayo Schmidt and the replacement of the board. Hydro One is controlled by the provincial government.