EPCOR Utilities Inc.

EPCOR Utilities Inc.

April 21, 2015 15:10 ET

EPCOR President & CEO David Stevens to Retire

EDMONTON, ALBERTA--(Marketwired - April 21, 2015) - EPCOR Utilities Inc. (EPCOR) is announcing the retirement of President & CEO David Stevens. Mr. Stevens will remain in his position as the Board initiates the recruitment process for his replacement.

"David has accomplished a significant amount in his tenure with EPCOR, achieving solid financial and operational results, and growth in our business. The company is as strong today as it has ever been," said EPCOR Board Chair Hugh J. Bolton. "David has been a very effective leader."

"We are sorry to see David retire, but respect his decision to do so at this stage of life and wish him the best. Our Board is now focused on the search for a new President & CEO who will have the opportunity to lead a strong management team, and carry forward the company's commitment to excellence."

About EPCOR Utilities Inc.

EPCOR's wholly-owned subsidiaries build, own and operate electrical transmission and distribution networks, water and wastewater treatment facilities and infrastructure in Canada and the United States. The company's subsidiaries also provide electricity and water services and products to residential and commercial customers. EPCOR, headquartered in Edmonton, Alberta, is an Alberta Top 70 employer. EPCOR's website is www.epcor.com.

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