#Canada #Toronto #Hydro One #David Lebeter #Megan Telford

Hydro One Limited Welcomes Megan Telford as New President and CEO

On February 26, 2026, Hydro One Limited, the largest electricity transmission and distribution provider in Ontario, announced that Chief Operating Officer Megan Telford will be stepping into the role of President and CEO effective June 9, 2026, following the retirement of David Lebeter. Lebeter, who has been instrumental in the company's growth and transformation, will continue to serve as a special advisor until October 10, 2026, ensuring a seamless transition for the organization.

The Leadership Transition

The decision to appoint Telford follows a detailed succession planning process carried out by the company’s Board of Directors, aided by external advisors. Telford, who joined Hydro One in 2020, has a rich history at the company, where she has taken on several leadership roles, overseeing areas such as Health, Safety, Environment, Strategy, and Operations.

Melissa Sonberg, Chair of the Board, commended Telford's qualifications and the comprehensive process that led to her appointment, stating, "Megan is a strong successor and highly regarded leader who brings valuable experience and dedication to her new role." This strategic move is expected to enhance Hydro One's position as a leading utility amidst increasing demands for reliable electricity in Ontario.

David Lebeter's Impact

Reflecting on his tenure, David Lebeter remarked on his gratitude for the collaboration with the Board and employees, who contributed to the company's success in operational excellence and customer service improvements. Over the years, he has driven initiatives that have strengthened the electricity delivery system and prepared the company for future growth.

"The demand for electricity continues to rise, and I believe Megan is well positioned to meet those challenges head-on while driving the company toward a prosperous future," Lebeter stated. His leadership has seen Hydro One invest significantly in expanding its transmission network, which is crucial for meeting Ontario’s energy needs over the next two decades.

Telford's Vision for Hydro One

Emphasizing her enthusiasm for her new role, Telford stated, "It’s an incredible honor to step into this role at such a pivotal time. Hydro One is the backbone of the communities we serve, and my focus is clear: to strengthen our electricity grid today so it’s ready for the demands of tomorrow."

She outlined her strategy of investing in modern infrastructure while embracing innovative technologies. Telford underscored the importance of the people at Hydro One, acknowledging the dedicated employees who strive daily to ensure that Ontarians have access to reliable electricity.

Megan Telford’s Background

Before her time at Hydro One, Megan Telford held various senior roles at TD Bank and has extensive experience in labor and employment law. Her educational background includes a Bachelor of Arts in Industrial Relations and a Juris Doctor from recognized universities. Currently, she also serves on boards for Export Development Canada and the Electricity Distributors Association, solidifying her commitment to the electricity sector.

The transition to new leadership comes at a critical juncture for Hydro One, which is committed to investing in sustainability, community initiatives, and diverse practices to bolster both its workforce and customer satisfaction. Hydro One, with its vast resources and skilled employees, is set to continue leading Ontario's electricity distribution with Telford at the helm, ready to navigate the challenges and opportunities ahead.

As Hydro One prepares for its next chapter, the company remains focused on creating value for customers and shareholders, ensuring that every initiative aligns with the growing energy demands of the province. Telford’s leadership is anticipated to further solidify Hydro One as a powerhouse in meeting Ontario's electricity needs while embracing innovative solutions for an unforeseen future.