Nalcor CEO Announces Appointment of Hydro President

November 3rd, 2015

Ed Martin, CEO, Nalcor Energy, parent company of Newfoundland and Labrador Hydro, today announced the appointment of John MacIsaac as President, Newfoundland and Labrador Hydro (Hydro), effectively immediately.

Since 2010, MacIsaac has been Vice-President, Project Execution and Technical Services and the Nalcor Executive lead for Churchill Falls operations. His focus on rigorous planning, execution and measurement has resulted in the achievement of best-in-class project management standards in these areas of the company. MacIsaac will bring the same rigorous approach to Hydro, continuing to evolve its operational planning and processes to effectively serve customers.

Over the past 10 years, Nalcor Energy has grown tremendously, becoming a major global energy player managing assets of $2 billion to $11 billion, and projected to grow to $14 billion by 2020. At the same time, the company is preparing for the interconnection to the North American grid which will fundamentally transform the electricity system in this Province. The company is bringing an 824 MW hydro plant online; a new 1,100 km HVDC line from Labrador; incorporating the Maritime-Island-Link connecting Newfoundland and Labrador to Atlantic Canada and New England; introducing new technologies and new systems; and, eliminating the Province’s reliance on oil to meet our growing electricity demands with clean, renewable energy from Muskrat Falls.

“Such significant change and growth requires a fundamental change within our operating mode and organization structure,” said Martin. “Over the past year we have been preparing for this transition and the steps taken today are integral to our success in bringing Muskrat Falls online and exporting our power to markets in the U.S.”

Rob Henderson, former Vice-President, Newfoundland and Labrador Hydro, will lead Nalcor Energy’s transition and integration efforts. This role is critical to the company’s future and is responsible for our long-term model for electricity operations following the in-service of Muskrat Falls and completing all work necessary to ensure a seamless integration of the Muskrat Falls, the Maritime Island Link (MIL), and the Labrador Island Link (LIL) assets into the Newfoundland and Labrador electrical system and the North American electricity grid.

“Over the past 18 months, Hydro has made significant improvements to increase the reliability of the electricity system for our customers,” added Martin. “We are focused today on ensuring we provide customers with the service quality they expect while ensuring we are managing the electricity system for their future needs as well.”
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Deanne Fisher,
Manager, Corporate Communications, Nalcor Energy
t. 709-733-5299 c. 709-697-3418 e. deannefisher@nalcorenergy.com

BACKGROUNDER
Biographies
John MacIsaac
John MacIsaac joined Nalcor Energy in October 2010 as the Vice-President of Asset Management, Project Execution and Engineering Services (PETS), and shortly thereafter took the Executive lead for Nalcor Energy’s Churchill Falls operations. Under John’s leadership, and with continued support from his teams, a focus on rigorous planning and reporting has resulted in a best-in-class achievement in project management, execution, and completion in just over three years.

John has over 20 years of leadership experience in the areas of Asset Management, Engineering Services and Project Management. Prior to joining Nalcor Energy, he managed cross-functional international assignments within two multinational manufacturing organizations. John is a graduate of the University of New Brunswick, having attained a Bachelor of Engineering (Mechanical) in 1988. John recently became a registered member of the Association of Professional Engineers and Geoscientists of Newfoundland and Labrador.

Rob Henderson:
Before joining Nalcor’s leadership team, Rob was Manager of System Operations and Integration Support for Newfoundland and Labrador Hydro. For over 17 years, he led Hydro’s team responsible for operation of the provincial interconnected power system; he also led the customer services function within Hydro from 2006 to 2011. In these roles, Rob has been a key player in the successful implementation of new and modified processes and commercial agreements related to the supply and purchase of energy for the provincial power system.

With the transition to this new role, Rob will utilize his deep knowledge of Hydro’s operations gained over 30 years – which includes a wealth of history and background relating not only to Hydro but also to Churchill Falls, possible new developments including Gull Island, and the North American electricity system – to shepherd the company through to the next phase. Rob is a graduate of Memorial University having attained a Bachelor of Engineering Degree (Electrical) in 1982. He is a member of the Association of Professional Engineers and Geoscientists of Newfoundland and Labrador, the Canadian Electricity Association Generation Council, and the Institute of Electrical and Electronics Engineers.