Local News

Trans Mountain Corp. to get new CEO

Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company’s board Sept. 1.

The Crown corporation, which operates Canada’s only crude oil pipeline system from Alberta to the West Coast, says current board chair Bill Downe is retiring after six years in the role.

Trans Mountain says it is undertaking a CEO succession plan to replace Farrell, who has served as CEO since 2022.


The email you need for the day’s
top news stories from Canada and around the world.

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Get daily National news

Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

By providing your email address, you have read and agree to Global News’ Terms and Conditions and Privacy Policy.

The company says its board of directors unanimously approved Farrell’s transition to board chair in recognition of her successful track record at Trans Mountain.

During Farrell’s tenure, Trans Mountain Corp. completed its long-awaited, $34-billion pipeline expansion.

The expansion increased the Trans Mountain system’s shipping capacity from 300,000 barrels of oil per day to 890,000 barrels per day.

&copy 2024 The Canadian Press

Shares:

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *