Former CIBC executive Tom Woods has been appointed chairman of the Hydro One board of directors. Woods has been serving in the job on an interim basis since August 14. The board of directors at the utility as well as its chief executive resigned earlier following the general election in June. Woods was among the 10 new directors named in August as replacements for the company’s previous 14-member board. During his career at CIBC, Woods served as chief financial officer, chief risk officer and vice chairman. Hydro One also announced the appointment of Chris Lopez as acting chief financial officer.
