CALGARY,
AB, Jan. 7, 2025 /CNW/ - AltaGas Ltd.
("AltaGas" or the "Company") (TSX: ALA) announces the
appointment of Derek Evans as a new
Independent Director, effective today. Mr. Evans will serve as a
member of AltaGas' Audit Committee and its Environment, Health and
Safety Committee. With Mr. Evans' appointment, AltaGas increased
the size of the Board of Directors ("Board") to 11 members.
Mr. Evans is an industry veteran and distinguished leader in the
energy sector with more than four decades of experience. Most
recently, Mr. Evans served as President and CEO of MEG Energy,
where he played a critical role in turning around the company and
driving substantial shareholder value over his six-year tenure,
until his retirement in 2024. Previously Mr. Evans was President
and CEO of Pengrowth Energy and Focus Energy Trust, and he spent
his formative years in senior operational and leadership roles at
Renaissance Energy.
Mr. Evans is a strong advocate for the energy industry and the
important role it plays in keeping society moving. This includes
currently serving as Executive Chair of the Pathways Alliance, a
partnership between Canada's
largest energy producers, which is focused on advancing
environmental innovation and project development, including carbon
capture and storage. Mr. Evans is also a Director of Franco-Nevada,
a leading gold-focused royalty and streaming company, where he
serves as Chair of the Compensation and ESG Committee. He also
volunteers and has been active with several not-for-profit
organizations.
"On behalf of AltaGas' Board, I am pleased to welcome Derek to
our organization," says Pentti
Karkkainen, AltaGas' Board Chair. "Derek's broad industry
experience, including leadership and stakeholder relations, will
complement our existing Board. We believe his strategic mindset and
collaborative leadership style will benefit our organization and
continue to drive long-term stakeholder value."
ABOUT ALTAGAS
AltaGas is a leading North American infrastructure company that
connects customers and markets to affordable and reliable sources
of energy. The Company operates a diversified, lower-risk,
high-growth energy infrastructure business that is focused on
delivering stable and growing value for its stakeholders.
For more information visit www.altagas.ca or reach out to one of
the following:
Jon Morrison
Senior
Vice President, Corporate Development and Investor Relations
Jon.Morrison@altagas.ca
Aaron Swanson
Vice
President, Investor Relations
Aaron.Swanson@altagas.ca
Investor Inquiries
1-877-691-7199
investor.relations@altagas.ca
Media Inquiries
1-403-206-2841
media.relations@altagas.ca
FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements. When
used in this news release, the words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "seek",
"propose", "estimate", "expect", and similar expressions, as they
relate to AltaGas are intended to identify forward-looking
statements. In particular, this news release contains
forward-looking statements with respect to, among other things, the
anticipated benefits to the organization and our stakeholders of
appointing certain directors, the future composition and attributes
of AltaGas' Board and AltaGas' business strategy and focus. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking statements. Such forward-looking statements reflect
AltaGas' current views with respect to future events based on
certain material factors and assumptions and are subject to certain
risks and uncertainties, including without limitation, changes in
market, governmental or regulatory developments, general economic
conditions and other factors set out in AltaGas' public disclosure
documents. These factors should not be construed as exhaustive.
Should one or more of these risks or uncertainties materialize, or
should assumptions underlying forward-looking statements prove
incorrect, actual results may vary materially from those described
in this news release as intended, planned, anticipated, believed,
sought, proposed, estimated or expected, and such forward-looking
statements included in, or incorporated by reference in this news
release, should not be unduly relied upon. Such forward-looking
statements speak only as of the date of this news release. Unless
otherwise required by law, AltaGas does not intend, and does not
assume any obligation, to update these forward-looking statements.
The forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
SOURCE AltaGas Ltd.