People: Empire Company Ltd (EMPa.TO)
Mr. Michael H. Vels is Chief Financial Officer, Executive Vice President of the Company. Mr. Vels was most recently chief financial officer of Hydro One, where he played an instrumental role in that organization's initial public offering in 2015, laying the foundations for transformation of Hydro One from a Crown corporation to a customer-focused, commercial-investor-owned electrical utility. From 2004 to 2014, he served as Maple Leaf Foods' chief financial officer, where he led the company's finance, mergers and acquisitions, information technology, and communications functions, supporting the successful transformation of Maple Leaf as it implemented new systems, invested in manufacturing and supply chain initiatives, and finally, in 2014, as chief transition officer, led the restructuring of senior management and back-office functions.
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