Festival Hydro Inc. (FHI) was incorporated in 2000 and is a wholly owned subsidiary of the City of Stratford. The principal activity of FHI is to distribute electricity to the 20,000 customers in the City of Stratford and the towns of Brussels, Dashwood, Hensall, Seaforth, St. Marys and Zurich, under a license issued by the Ontario Energy Board (OEB). Festival Hydro is regulated by the Ontario Energy Board and adjustments to the distribution and power rates require OEB approval.
Festival Hydro is focused on providing customers with the highest level of service through innovation in infrastructure, financial responsibility, strategic partnerships, and community outreach. Although not the largest electric utility in Ontario, FHI has achieved significant recognition for their accomplishments by receiving the Electricity Distribution Association’s award for Innovation in 2019, as well having been honored with the Safety Excellence Award in 2018, the Customer Service Excellence award in 2017 and the Conservation and Demand Management award in 2016.
Rhyzome Networks is a digital infrastructure company owned by the City of Stratford and guided by the Festival Hydro Services Board and the CEO of Festival Hydro Inc. Rhyzome Networks built the fiber optic, data infrastructure that positioned Stratford to emerge as a digital technology centre, for the broadband economy and intelligent community. The opportunities for business growth will be primarily found through Rhyzome Networks.
Festival Hydro is seeking a Chief Executive Officer who will provide dynamic, effective, results-oriented leadership and direction to all areas of the organization. The CEO will be accountable for developing and implementing business development strategies, lead project development, correspond and manage relationships with stakeholders, act as the spokesperson for the organization and will serve as a pivotal link to fulfilling Festival Hydro’s strategic plan. The CEO will balance the need to successfully operate a profitable enterprise acting in the interest of the residents and business owners of Stratford and surrounding towns. The CEO will work with representatives of the City of Stratford to facilitate economic growth in the area.
Reporting to the Board of Directors, the ideal candidate will have strong business and financial acumen with collaborative and inspirational style towards leadership. S/he will excel in an entrepreneurial environment but will also bring familiarity and experience working in partnership with a municipality. The CEO will be able to add value in developing and executing a comprehensive business development strategy, coupled with sound knowledge and understanding of regulated and competitive markets, within a unionized environment.
To explore this opportunity further, please contact Priya Girdharie, Consultant at Odgers Berndtson, [email protected] or submit your resume and related information online at www.odgersberndtson.com/en/careers/17248
Festival Hydro Inc. is an equal opportunity employer. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, upon request, accommodation will be provided by both Odgers Berndtson and Festival Hydro Inc. throughout the recruitment, selection and/or assessment process to applicants with disabilities.
June 16, 2021
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