Inter Pipeline is pleased to announce the appointment of Mr. Paul Hawksworth as the new president and chief executive officer effective November 1, 2023. Mr. Hawksworth, who currently serves as IPL’s chief financial officer, will succeed Mr. Brian Baker, the current president and CEO and Brookfield Infrastructure Operating Partner. Mr. Baker will transition to the role of Board Chair at IPL.

Inter Pipeline would like to express their gratitude to Ms. Deborah Close, IPL’s current Chair, for her valuable contributions since joining the Board in 2021. She will continue to serve as an independent board member.

Mr. Hawksworth has played a vital role in Inter Pipeline’s transformation since its acquisition by Brookfield Infrastructure. With his proven leadership, experience, and knowledge, IPL are confident that he will ensure the continued execution of their strategic vision.

In his new position, Mr. Hawksworth will be responsible for the strategic planning and operational performance of IPL’s transportation, facilities, and marketing business units. The Heartland Polymers business will continue to be led by Mr. Todd Karran, CEO Heartland.

Additionally, IPL are excited to welcome Mr. Doug Wright as the new chief financial officer. Mr. Wright joins IPL from Brookfield Infrastructure, where he held the position of vice president. He brings extensive experience in financial oversight and strategic planning for midstream portfolios. Mr. Wright has been closely involved with the IPL team since Brookfield’s acquisition and is well-acquainted with their business.

As chief financial officer, Mr. Wright will oversee the execution of key financial strategies and provide leadership in financial reporting and compliance, corporate finance, tax, treasury, investor relations, enterprise risk management, strategic sourcing, corporate planning & development, and information technology.

Mr. Hawksworth’s impressive background includes his previous role as senior vice president at Brookfield Infrastructure, where he evaluated investment opportunities in the midstream sector. He also has a strong track record in mergers and acquisitions advisory roles with leading investment banks and accounting firms. Mr. Hawksworth is a chartered professional accountant, a chartered business valuator, and holds a bachelor of commerce from the University of British Columbia.

Inter Pipeline are confident that with this new leadership team, they will continue to thrive and succeed in the industry.

For more information visit www.interpipeline.com

29th September 2023