Calgary, Alberta-based Trans Mountain Corp.’s board of directors has appointed current Chief Financial and Strategy Officer Mark Maki to CEO of the company, effective Sept. 1.
Maki succeeds Dawn Farrell, who will take William Downe’s place as chairman of the board of directors following Downe’s retirement on Sept. 1.
The board also appointed Michael Davies to the role of president on top of his current position of COO, also effective Sept. 1. Davies will report to Maki.
Maki has been the CFO of Trans Mountain since 2020 and has over 30 years of experience in the midstream energy industry, including serving as president of Enbridge Energy Partners LP.
In his new role, Maki will oversee Trans Mountain’s next strategic plans, including finalizing the long-term toll rate, the company’s capital structure, growth opportunities and the divestment process.
Davies is currently the chairman of the board of the Western Canada Marine Response Corp.
Recommended Reading
Energy Transition in Motion (Week of Oct. 4, 2024)
2024-10-04 - Here is a look at some of this week’s renewable energy news, including the startup of a solar module manufacturing facility with an annual 2-gigawatt capacity.
Exxon Mobil Ramps Up $400MM CCS Project in Wyoming
2024-10-03 - The $400 million project will expand capture capacity by up to about 1.2 million metric tons of CO2 per year, Exxon Mobil said.
US Navy Taps Sage Geosystems for Geothermal Initiatives in Texas
2024-10-03 - The expanded collaboration with the Department of Defense follows Sage-led geothermal initiatives at Fort Bliss and the Ellington Field Joint Reserve Base in Texas.
RWE Breaks Ground on Battery Storage Project Trio in Texas
2024-10-03 - The Crowned Heron 1, Crowned Heron 2 and Cartwheel 1 projects will have a combined power capacity of 450 MW, RWE says.
Oxy’s 1PointFive Lands US Funding for Carbon Sequestration Hubs
2024-10-03 - 1PointFive plans to use the funding to advance site characterization activities, permitting and environmental approvals for construction at each hub, Occidental said.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.