The province has announced the first member of the new board of directors at Hydro One.
Tom Woods - formally, Thomas D. Woods - is the first of four new people who will be on the board.
According to a government release put out Thursday evening, his background is in governance, banking and finance, with a 37-year career at CIBC and Wood Gundy.
He is also a board member at the Bank of America Corporation, Alberta Investment Management Corporation (AIMCo) and the CIBC Children's Foundation, while he is the board chair at Providence St. Joseph's St. Michael's Health Care.
Because it's the company's largest shareholder, the Ontario PC government is allowed to nominate four directors, while a committee that represents other shareholders can make six nominations.
Once the board of directors is in place, it can select a new CEO to become the 11th and final member of the board.
The Hydro One board of directors must be in place no later than August 15.