Duncan Hawthorne, president and CEO of Bruce Power, has announced his retirement after a long-term framework agreement was secured for the nuclear power facility.
Hawthorne said he would retire in 2016. The company is selecting an external executive recruitment firm and will begin the search for Hawthorne’s replacement shortly. The company would like to have them in place before the refurbishment project in 2020.
The company signed an agreement in December 2015 with the Independent Electricity System Operator (IESO) to extend the life of the eight-unit facility to 2064 through a multi-year life extension project.
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