Nova Scotia Power Announces Change in CEO Leadership

Nova Scotia Power Announces Leadership Transition as Vivek Sood Named New President and CEO

Nova Scotia Power, the province’s primary electricity provider, has announced a significant leadership transition, marking an important milestone in the company’s more than 100-year history of serving the people and communities of Nova Scotia. The utility revealed that its current President and CEO, Peter Gregg, will be stepping down from his role effective March 1, 2026, to take on a new position with Emera Inc., Nova Scotia Power’s parent company. Gregg’s departure comes after nearly six years of impactful leadership, during which the company navigated major infrastructure projects, strengthened reliability, and responded to unprecedented challenges in the energy sector.

Stepping into the role will be Vivek Sood, a highly respected business and community leader with deep roots in Nova Scotia. Sood currently serves on the Nova Scotia Power Board and brings more than 20 years of senior leadership experience with Sobeys and the Empire Group of Companies. His appointment represents a strategic choice by the Board, combining operational expertise, financial acumen, and community engagement to guide Nova Scotia Power into its next chapter.

A Proven Leader with Deep Nova Scotia Roots

Vivek Sood joined the Nova Scotia Power Board in June 2024 and quickly became a valued voice in the company’s strategic discussions. Throughout his career, Sood has demonstrated an exceptional ability to lead complex organizations, develop high-performing teams, and implement innovative business strategies. His experience spans corporate strategy, operational leadership, finance, and governance, making him exceptionally well-suited to navigate the utility through a period of continued investment, infrastructure modernization, and technological transformation.

In addition to his corporate expertise, Sood is widely recognized for his commitment to operational excellence, people development, and fostering a strong organizational culture. He has championed diversity, equity, and inclusion initiatives and has a strong track record of community engagement. These qualities align with Nova Scotia Power’s long-standing values and its mission to serve the province’s residents reliably and responsibly.

“I am proud to join Nova Scotia Power and build on all the great work that is happening across the company,” said Sood. “I’m excited to continue to deepen our can-do culture and be the best utility possible as we support the province, our stakeholders, and our communities where our 2,200 employees live and work. Nova Scotia Power plays a critical role in the daily lives of Nova Scotians, and I look forward to ensuring we continue to deliver safe, reliable, and sustainable energy while driving meaningful impact in the communities we serve.”

Peter Gregg’s Impactful Tenure

Peter Gregg has led Nova Scotia Power with distinction since taking on the role of President and CEO in November 2020. His tenure was marked by a series of transformative initiatives that strengthened the company’s infrastructure, improved reliability, and advanced key partnerships with Indigenous communities and federal institutions. Among the most notable achievements was the successful delivery of major infrastructure projects, including the Wasoqonatl Intertie Project, developed in partnership with Mi’kmaw communities and supported by the Canadian Infrastructure Bank. This project represents a significant step forward in modernizing the province’s electrical grid while fostering meaningful collaboration with Indigenous partners.

Under Gregg’s leadership, Nova Scotia Power made substantial investments in system reliability and operational resilience. These efforts were particularly crucial in light of challenges such as extreme weather events and the April 2025 cyberattack, which disrupted utility operations. Gregg’s strategic approach balanced the need for investment in infrastructure and technology with ongoing efforts to manage rate pressures for customers, demonstrating a commitment to both operational excellence and affordability.

Gregg’s leadership also emphasized sustainability and forward-looking energy solutions. By prioritizing innovation, corporate governance, and community-focused initiatives, he strengthened Nova Scotia Power’s position as a trusted energy provider in the province. His legacy includes building a stronger, more resilient company prepared to meet the evolving energy needs of Nova Scotians in the coming decades.

Reflecting on his tenure, Gregg stated, “I want to thank the entire Nova Scotia Power team for their faith, focus, and dedication over these past years. I have so much confidence in their ability to continue to do the right thing for customers. I am excited about the new opportunities ahead and building on Emera’s strong strategic foundation to deliver future impact.”

Transition to Emera Inc.

Following his departure from Nova Scotia Power, Peter Gregg will assume the role of Executive Vice President, Strategy and Policy at Emera Inc., the parent company of the utility. In this role, Gregg will oversee corporate strategy, government relations, and corporate sustainability and environmental initiatives. His extensive experience in energy strategy and policy, combined with his proven leadership capabilities, positions him to make a significant impact at the corporate level, supporting Emera’s broader vision for sustainable energy development and regulatory engagement.

Board Chair Highlights Strategic Fit of Vivek Sood

Scott Balfour, Board Chair of Nova Scotia Power, expressed strong confidence in Sood’s appointment, noting that his combination of business acumen, operational experience, and deep understanding of Nova Scotia’s communities make him the ideal candidate to lead the utility forward.

“I am so pleased to welcome Vivek as our new President and CEO of Nova Scotia Power,” Balfour said. “His business acumen, depth of experience, and deep Nova Scotia roots are a strong asset as we focus on the next chapter, delivering for customers and strengthening relationships with stakeholders. Additionally, I am grateful to Peter for all he has accomplished at Nova Scotia Power in his tenure as President and CEO.”

Strategic Priorities and Future Focus

Looking ahead, Nova Scotia Power remains focused on a combination of reliability investments, clean energy initiatives, and operational excellence. Key projects underway include the Nova Scotia-New Brunswick Intertie Project, which will enhance regional connectivity and support the integration of renewable energy sources. The utility is also advancing battery storage projects to increase grid resilience and enable greater adoption of clean energy solutions.

Restoring systems and business processes in the wake of the April 2025 cyberattack remains a priority, ensuring the company maintains safe, secure, and uninterrupted service for customers. These reliability efforts are balanced with a commitment to managing rates responsibly, demonstrating the company’s focus on delivering value to both customers and communities.

With over 2,200 employees serving approximately 550,000 customers across Nova Scotia, the company continues to emphasize employee engagement, professional development, and fostering a culture of accountability and innovation. Employees play a critical role in delivering reliable energy to homes, businesses, and industries throughout the province, ensuring Nova Scotia Power remains a cornerstone of the community.

About Nova Scotia Power

Nova Scotia Power has been a trusted presence in the province for more than a century. As the primary electricity provider in Nova Scotia, the company operates under the regulation of the Nova Scotia Energy Board and provides generation, transmission, and distribution services to a diverse customer base, including residential, commercial, and industrial clients.

The company’s commitment to safety, reliability, and sustainability has made it a central part of the province’s infrastructure and economic development. Through ongoing investments in technology, infrastructure, and community engagement, Nova Scotia Power continues to support Nova Scotia’s growth while preparing for a clean energy future.

Nova Scotia Power’s dedication to corporate social responsibility and environmental stewardship is evident in its efforts to engage communities, strengthen partnerships with Indigenous peoples, and integrate clean energy solutions into the provincial grid. These initiatives reflect the company’s commitment to not only powering homes and businesses but also supporting a sustainable, resilient, and equitable energy future for all Nova Scotians.

Conclusion

The leadership transition at Nova Scotia Power marks an important moment in the company’s long history. As Peter Gregg moves to a strategic corporate role with Emera Inc., Vivek Sood brings a wealth of experience, leadership, and a deep understanding of Nova Scotia to the President and CEO role. This change ensures continuity of vision, strengthens operational leadership, and positions the utility to continue delivering safe, reliable, and sustainable energy for decades to come.

With a renewed focus on infrastructure investments, clean energy integration, community engagement, and operational excellence, Nova Scotia Power is well-positioned to meet the evolving energy needs of its customers while maintaining its commitment to affordability, reliability, and sustainability. The company’s strong leadership, dedicated workforce, and century-long history of service provide a solid foundation for the next chapter in Nova Scotia Power’s journey.

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