Power prices may drop for 2007
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New president at Manitoba Hydro to navigate turmoil at Crown corporation
WINNIPEG - The Manitoba government has appointed a new president and chief executive officer at its Crown-owned energy utility.
Jay Grewal becomes the first woman to head Manitoba Hydro, and takes over the top spot as the utility faces mounting financial challenges and turmoil.
Grewal has previously held senior roles at Capstone Mining Corp and B.C. Hydro, and is currently president of the Northwest Territories Power Corporation.
She will replace outgoing president Kelvin Shepherd, who recently announced he is retiring, on Feb. 4.
The utility was hit by the sudden resignations of nine of its 10 board members in March, who said they had…
