AltaGas solidifies senior leadership team and readies to execute on opportunities in Gas and U.S. Utilities
CALGARY, Nov. 20, 2018 /CNW/ – AltaGas Ltd. (AltaGas) (TSX: ALA) today announced the appointment of Randall (Randy) Crawford as Chief Executive Officer and member of the Board of Directors, effective December 10, 2018. Mr. Crawford assumes this role from David Cornhill and Phillip Knoll who will continue as interim co-CEOs until the effective date. Mr. Crawford will join the AltaGas senior leadership team in Calgary, Alberta, and will lead the next stages of the company's ongoing evolution.
Mr. Crawford is a seasoned executive with more than 30 years of experience in the natural gas industry. In his most recent role as Senior Vice President and President, Midstream and Commercial with EQT Corporation (EQT), a premier U.S. integrated gas company, Mr. Crawford successfully led EQT's ambitious growth strategy in the Marcellus natural gas play. He has also held progressively senior roles at EQT's regulated gas utility, including serving as its President.
“Randy's extensive experience in our base businesses and long track record of driving top-tier performance makes him the ideal candidate to lead the next chapter in AltaGas' evolution,” said David Cornhill, interim co-Chief Executive Officer and Chairman of the Board. “His operational expertise and financial acumen will serve us well as we continue to optimize and reshape our business, refine our asset portfolio and strengthen our balance sheet.”
Mr. Crawford will lead and develop AltaGas' ongoing strategy, including:
- strengthening AltaGas' financial position;
- reshaping AltaGas to focus on opportunities in the Gas and U.S. Utilities segments; and,
- leveraging the existing Gas and U.S. Utilities businesses to drive the next phase of growth and value creation at AltaGas.
“Given the quality of AltaGas' employees and assets, I believe there is tremendous opportunity to leverage the asset footprint for long-term, sustainable growth,” said Mr. Crawford. “I look forward to working alongside our entire AltaGas team to continue to enhance the value of our assets and position us as a leading player in North American energy infrastructure.”
Prior to joining EQT, Mr. Crawford held various senior financial and regulatory management positions with Consolidated Natural Gas Company in Pittsburgh. Mr. Crawford previously served as a director for the American Gas Association, the Energy Association of Pennsylvania, the West Virginia Oil and Natural Gas Association and the Interstate Natural Gas Association of America. He's a director of the Children's Hospital of Pittsburgh Foundation, a member of the University of Pittsburgh Cancer Institute Council, and a past West Virginia Wesleyan College Trustee.
AltaGas is an energy infrastructure company with a focus on natural gas, power and regulated utilities. AltaGas creates value by growing and optimizing its energy infrastructure, including a focus on clean energy sources. For more information visit: www.altagas.ca.