Manitoba Hydro Names Interim President and CEO

Manitoba Hydro Names Interim President and CEO

While it continues to search for a new permanent president and CEO, the Manitoba Hydro-Electric Board has named Darren Rainkie as interim president and CEO.

Rainkie is currently Manitoba Hydro's vice-president of finance and regulatory affairs and chief financial officer. His new responsibilities begin Friday, Sept. 4.

"The search for a new president and CEO is proceeding well, and we hope to have it completed within the next two months,” said Bill Fraser, chair of the Manitoba Hydro-Electric Board. “Darren will handle the duties until a permanent replacement is selected following the departure of Scott Thomson. With over 21 years of experience at Manitoba Hydro, and prior to that Centra Gas, I am confident Darren will provide the guidance and leadership necessary as we continue to renew and expand our system to meet the needs of our customers now and into the future."

Rainkie joined Price Waterhouse in 1988, where he obtained his Chartered Accountant designation. He served as an adviser to the Public Utilities Board while at Price Waterhouse beginning in 1989. Later, he joined Centra Gas in 1994 as a financial analyst.

Following the acquisition of Centra by Manitoba Hydro in 1999, Rainkie was named manager of regulatory affairs before becoming treasurer in 2006. He was named corporate controller of Manitoba Hydro in 2008 and was appointed to the role of vice-president of finance and regulatory affairs and chief financial officer in 2013.

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