TransCanada names former Devon exec as independent director

TransCanada names John Richels independent director Devon Energy

TransCanada Corp. (TSX, NYSE: TRP) named former Devon Energy (NYSE: DVN) president and CEO John Richels as the company’s independent director, effective immediately. He replaces John MacNaughton, who announced on Jan. 9 that he was retiring due to ill health.

Richels had been the president and CEO of Devon Energy since 2010. He previously served as the president of the company since 2004. He has a bachelor’s degree in economics from York University and a law degree from the University of Windsor.

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