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Algonquin Power & Utilities ( (TSE:AQN) ) just unveiled an announcement.
Algonquin Power & Utilities Corp. announced on January 14, 2025, the upcoming departure of its Chief Financial Officer, Darren Myers, who has decided to pursue another leadership opportunity. Myers, who joined the company in August 2022, played a key role in steering the company through a strategic review and transforming it into a pure-play regulated utility. His departure is scheduled after the reporting of the company’s fourth quarter 2024 results. The company has initiated the search for a new CFO to ensure a smooth transition, reflecting its ongoing efforts to position itself as a focused regulated utility.
More about Algonquin Power & Utilities
Algonquin Power & Utilities Corp., the parent company of Liberty, is a diversified international utility company involved in the generation, transmission, and distribution of energy and water solutions. With over one million customer connections, the company operates largely in the United States and Canada, focusing on providing safe, reliable, and sustainable services. Algonquin’s securities are traded on both the Toronto Stock Exchange and the New York Stock Exchange under various symbols.
YTD Price Performance: -5.51%
Average Trading Volume: 5,537,031
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.3B
See more data about AQN stock on TipRanks’ Stock Analysis page.