Ovintiv Names Ralph Izzo to its Board of Administrators

DENVER, Sept. 6, 2022 /PRNewswire/ – Ovintiv Inc. ( NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Firm”) right now introduced that Ralph Izzo has been named as an unbiased member of its Board of Administrators, efficient September 6, 2022, and that Bruce Waterman will retire from the Board of Administrators efficient December 31, 2022.

Mr. Izzo, 64, presently serves because the Government Chair of Public Service Enterprise Group Integrated (“PSEG”), having lately retired as their Chair, President and CEO. PSEG is a publicly traded diversified vitality holding firm, based in 1903 and has a protracted historical past of offering infrastructure to entry protected, reasonably priced, dependable, and cleaner vitality to prospects in New Jersey and Lengthy Island.  Since becoming a member of PSEG in 1992, Mr. Izzo has held a number of vital govt positions throughout the PSEG household of corporations. Mr. Izzo additionally serves on the Board of Administrators of the Financial institution of New York Mellon.

Mr. Izzo is a member of the U.S. Division of Power’s Fusion Power Sciences Advisory Committee and the previous chair of the Nuclear Power Institute.  He’s additionally on the Board of Administrators for the Edison Electrical Institute, Nuclear Electrical Insurance coverage Restricted, the New Jersey Chamber of Commerce, the Liberty Science Heart and the New Jersey Performing Arts Heart.  Mr. Izzo is on the advisory board for the College of Pennsylvania’s College of Engineering and Utilized Sciences Mechanical Engineering and Utilized Mechanics Division, a member of the Board of Trustees of the Peddie College and Princeton College’s Andlinger Heart for Power and the Atmosphere Advisory Council, in addition to a member of the Visiting Committee for the Division of Nuclear Engineering at Massachusetts Institute of Expertise, the Columbia College College of Engineering Board of Guests, and of the CEO Motion for Variety and Inclusion. As well as, he’s a former chair of the Rutgers College Board of Governors and the New Jersey Chamber of Commerce.

Mr. Izzo acquired his Bachelor of Science and Grasp of Science levels in mechanical engineering and his Physician of Philosophy diploma in utilized physics from Columbia College. He additionally acquired a Grasp of Enterprise Administration diploma, with a focus in finance, from the Rutgers Graduate College of Administration. 

“We’re excited that Ralph is becoming a member of our Board. His vital senior management expertise in operations, strategic planning, finance, threat administration, environmental stewardship, and variety management will improve the board’s strengths,” stated Ovintiv’s Chair Peter Dea. “Mr. Izzo is a widely known chief throughout the utility business, in addition to the nationwide vitality coverage enviornment and represents our ongoing Board refreshment course of as our third new Director prior to now 18-months.”

Mr. Waterman joined the board in 2010 and served on numerous committees over his tenure together with Audit Committee Chair from 2017 till 2022. Mr. Waterman’s wealth of finance, vitality business and authorities relations expertise benefited the Firm immensely. “On behalf of the Board and management workforce, I wish to thank Bruce for his many contributions and clever counsel during the last 12 years,” stated Mr. Dea. Brendan McCracken, Ovintiv’s President and CEO famous “the Firm is grateful for Mr. Waterman’s years of service and dedication and we want him nicely in retirement.”

Additional info on Ovintiv Inc. is out there on the Firm’s web site, www.ovintiv.com, or by contacting:

Investor contact:

(888) 525-0304 

Media contact:

(403) 645-2252

SOURCE Ovintiv Inc.

Ovintiv Names Ralph Izzo to its Board of Administrators

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