Bruce Power has announced that Mike Rencheck, currently serving as President and CEO, will retire from his position effective June 30, 2024.
Following Rencheck's retirement, Eric Chassard will take on the role of President and CEO starting July 1, 2024. Chassard, who joined Bruce Power in 2019 as Executive Vice-President of Projects and Engineering, has a strong background in nuclear operations and project management.
In a statement, Bob Aziz, Chair of the Bruce Power Board of Directors, praised Rencheck's significant contributions over his career and expressed confidence in Chassard's ability to lead the company forward.
"Eric’s leadership experiences represent an unparalleled combination of nuclear power operations and project management, as well as extensive regulatory and stakeholder relations experience," he said. "This uniquely qualifies Eric to lead Bruce Power as we work to complete our Life Extension Program, and improve and expand plant operations to meet the growing demands for affordable, reliable and clean energy. The Board, having worked closely with Eric over the last several years, is confident of his commitment to safety, our employees, our communities and the businesses that count on us every day.”
Rencheck will continue as Executive Vice-Chair, providing senior advisory support to Bruce Power and the industry, including as Chair of the Board of the World Association of Nuclear Operators (WANO) Atlanta Centre.