CALGARY, ALBERTA–(Marketwired – April 18, 2016) –
AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that, further to its press release of October 28, 2015, it is confirming the transition of the Chief Executive Officer role. David W. Cornhill has stepped down as Chief Executive Officer effective April 15, 2016, and David M. Harris, previously AltaGas’ President and Chief Operating Officer, has succeeded David Cornhill and assumed the role of President and Chief Executive Officer effective April 16, 2016. David Cornhill continues to serve as Chairman of the Board of Directors and Founder of AltaGas. He will continue to be actively involved in strategy development, capital allocation and stakeholder relations.
“The Board of Directors of AltaGas wishes to acknowledge the tremendous success that AltaGas has had under the executive leadership of David Cornhill,” said Myron Kanik, Lead Director. “We are pleased that he will provide ongoing guidance to AltaGas in his continuing role as Chairman of the Board. We also congratulate David Harris on his appointment to the role of President and Chief Executive Officer. David’s strong capability, experience and proven track record of achieving success at AltaGas and around the globe will position AltaGas for continued success into the future. Lastly, I would like to recognize David Cornhill, David Harris and the rest of the AltaGas management team for the planning that has led to a successful transition.”
AltaGas is a leading North American diversified energy infrastructure company. AltaGas owns or operates a diversified mix of assets in gas, power, and utilities. AltaGas creates value by acquiring, growing and optimizing its energy infrastructure, including a focus on clean energy sources. For more information visit: www.altagas.ca