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Canadian pipeline operator Trans Mountain names insider Maki as CEO
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Canadian pipeline operator Trans Mountain names insider Maki as CEO
Aug 23, 2024 10:15 AM

Aug 23 (Reuters) - Canadian pipeline operator Trans

Mountain Corp on Friday named insider Mark Maki as its chief

executive officer from Sept. 1.

Maki is currently chief financial and strategy officer and

will replace Dawn Farrell who will become board chairman.

He joined the role in 2020 and before that was with

Canada's largest pipeline operator Enbridge ( ENB ) for 34 years.

Maki's appointment comes months after the start of the Trans

Mountain pipeline expansion, which is expected to nearly triple

the shipment of oil from land-locked Alberta to Canada's Pacific

Coast.

The long-delayed project was built at a cost of C$34 billion

($25.16 billion) and was acquired by Canada in 2018. The

government is now looking to sell the project.

($1 = 1.3516 Canadian dollars)

(Reporting by Sourasis Bose in Bengaluru; Editing by Shreya

Biswas and Arun Koyyur)

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