Ovintiv Names Ralph Izzo to its Board of Administrators

DENVER, Sept. 6, 2022 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Firm”) at this time introduced that Ralph Izzo has been named as an impartial member of its Board of Administrators, efficient September 6, 2022, and that Bruce Waterman will retire from the Board of Administrators efficient December 31, 2022.

Mr. Izzo, 64, presently serves because the Govt Chair of Public Service Enterprise Group Included (“PSEG”), having just lately retired as their Chair, President and CEO. PSEG is a publicly traded diversified vitality holding firm, based in 1903 and has a protracted historical past of offering infrastructure to entry secure, reasonably priced, dependable, and cleaner vitality to prospects in New Jersey and Lengthy Island.  Since becoming a member of PSEG in 1992, Mr. Izzo has held a number of vital government positions throughout the PSEG household of firms. Mr. Izzo additionally serves on the Board of Administrators of the Financial institution of New York Mellon.

Mr. Izzo is a member of the U.S. Division of Vitality’s Fusion Vitality Sciences Advisory Committee and the previous chair of the Nuclear Vitality Institute.  He’s additionally on the Board of Administrators for the Edison Electrical Institute, Nuclear Electrical Insurance coverage Restricted, the New Jersey Chamber of Commerce, the Liberty Science Middle and the New Jersey Performing Arts Middle.  Mr. Izzo is on the advisory board for the College of Pennsylvania’s Faculty of Engineering and Utilized Sciences Mechanical Engineering and Utilized Mechanics Division, a member of the Board of Trustees of the Peddie Faculty and Princeton College’s Andlinger Middle for Vitality and the Surroundings Advisory Council, in addition to a member of the Visiting Committee for the Division of Nuclear Engineering at Massachusetts Institute of Expertise, the Columbia College Faculty of Engineering Board of Guests, and of the CEO Motion for Variety and Inclusion. As well as, he’s a former chair of the Rutgers College Board of Governors and the New Jersey Chamber of Commerce.

Mr. Izzo obtained his Bachelor of Science and Grasp of Science levels in mechanical engineering and his Physician of Philosophy diploma in utilized physics from Columbia College. He additionally obtained a Grasp of Enterprise Administration diploma, with a focus in finance, from the Rutgers Graduate Faculty of Administration. 

“We’re excited that Ralph is becoming a member of our Board. His vital senior management expertise in operations, strategic planning, finance, threat administration, environmental stewardship, and variety management will improve the board’s strengths,” stated Ovintiv’s Chair Peter Dea. “Mr. Izzo is a widely known chief throughout the utility trade, in addition to the nationwide vitality coverage enviornment and represents our ongoing Board refreshment course of as our third new Director previously 18-months.”

Mr. Waterman joined the board in 2010 and served on varied committees over his tenure together with Audit Committee Chair from 2017 till 2022. Mr. Waterman’s wealth of finance, vitality trade and authorities relations expertise benefited the Firm immensely. “On behalf of the Board and management crew, I want to thank Bruce for his many contributions and smart counsel over the past 12 years,” stated Mr. Dea. Brendan McCracken, Ovintiv’s President and CEO famous “the Firm is grateful for Mr. Waterman’s years of service and dedication and we want him properly in retirement.”

Additional data on Ovintiv Inc. is accessible on the Firm’s web site, www.ovintiv.com, or by contacting:

Investor contact:

(888) 525-0304 

Media contact:

(403) 645-2252

SOURCE Ovintiv Inc.

Leave a Reply

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