Christine Healy takes charge of Northland Power as new CEO
- Christine Healy has been appointed as the new CEO of Northland Power, effective February 2025.
- Healy has significant experience in emissions reduction and energy transition from her tenure at TotalEnergies.
- Analysts have given a positive reaction to her appointment, indicating potential growth for Northland Power.
In Toronto, Canada, Northland Power Inc. has announced the appointment of Christine Healy as its new Chief Executive Officer, effective February 2025. Healy, a former executive at TotalEnergies, brings with her over five years of experience with the French oil major, including her roles as senior vice-president of carbon neutrality and president of Total E&P Canada. During her time at TotalEnergies, she led significant emissions-reduction efforts, specifically in carbon capture technologies, positioning her as a knowledgeable leader in energy transition. Prior to this new role, she served as the president of AtkinsRéalis, overseeing operations in Asia, the Middle East, and Australia. John Brace, the board chair and interim CEO of Northland Power, expressed confidence in Healy's leadership potential, highlighting her extensive management experience across more than 20 countries. Healy stated that her previous work offers valuable insights into the global energy transition, emphasizing her commitment to advancing Northland's reputation as a leader in sustainable energy solutions. The company aims to enhance its clean power infrastructure assets, focusing on renewable sources such as offshore wind and solar energy. Despite the positive reaction from analysts regarding Healy's appointment, there were financial challenges leading up to this change. The search for a successor to former CEO Mike Crawley took over eight months, which caused persistent pressure on the company's share prices. As of the announcement day, Northland's stock was approximately $20, down from nearly $25 at the start of the year. Healy's role will be crucial in steering the firm toward successful project developments and commercial operations as it continues to expand its energy portfolio, which includes around 3.2 gigawatts of operating capacity and substantial projects under construction totaling around 12 gigawatts. Overall, Healy’s aspiration to build on Northland Power’s foundation aligns perfectly with the company’s goals for sustainable energy growth, as they continue to invest in diverse energy infrastructure and tackle challenges presented by the global shift toward clean energy.