Quebec premier announces Michael Sabia as new CEO of Hydro-Quebec
Quebec's government has officially tapped Michael Sabia as the next head of Hydro-Quebec.
In a tweet, Premier François Legault announced Sabia would serve as president and CEO of the Crown corporation, succeeding Sophie Brochu. Legault says Sabia"is an experienced man who will be able to pursue and overcome the challenges of Quebec's energy transition," according to a translation.Prior to that, he worked at the Department of Finance and the Privy Council Office before joining the private sector.
He is a former chief executive of the Caisse de depot et placement du Quebec and a former chief executive of BCE Inc. In a statement, Finance Minister Chrystia Freeland said that as deputy finance minister Sabia"helped steer the Canadian economy through one of the most challenging moments in our history."
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