18 December 2007

MacDonald leaves Hydro

Dean MacDonald left his job as chairman of the Newfoundland and Labrador Hydro board of directors. The reason for the departure was officially undisclosed in the news release.

The Premier revealed in a media scrum that MacDonald was concerned he would not be able to devote proper attention to his Hydro job given that he was spending increasing amounts of time working with a new venture capital company he'd started.

Williams also said there were some critical decisions on the Lower Churchill to be made in the next six months or so.