Board of Directors Accepts Resignation of President and CEO

HAY RIVER, Northwest Territories (August 28, 2026) The Board of Directors of the Northwest Territories Hydro Corporation and the Northwest Territories Power Corporation have accepted, with regret, the resignation of President and CEO Cory Strang.

Cory was appointed to the President and CEO role in November 2021. He worked at NTPC in a variety of financial positions for 28 years including budgeting, regulatory affairs, risk management and Chief Financial Officer. Cory brought a wealth of experience to this position along with a valuable understanding of the NWT’s partners and energy potential. Cory was the first Indigenous President and CEO from the NWT to lead the Corporation since NTPC’s establishment in 1988.

Cory will continue as President and CEO until December 31, 2026. The Board has initiated a CEO recruitment process and transition plan. Recruitment for the position of Chief Financial Officer is also underway due to the previously announced retirement of the incumbent.

-30-

 

Quotes:

“It has been a pleasure to work with Cory and witness his success in many roles with the Corporation over the years. He has led with vision, expertise, and humility – tirelessly through numerous challenges. Employees and customers have benefited from his genuine commitment to creating a workplace where employees feel valued, as well as from his thoughtful engagement with customers, listening to their concerns and pursuing continuous improvement.”

Judith Goucher

Chair, Board of Directors

Northwest Territories Power Corporation

“As CEO, Cory Strang has provided strong leadership to the Northwest Territories Power Corporation, and I want to thank him for his 28 years of service to NTPC and to Northerners. Leading our territorial power corporation is an important responsibility, and Cory has helped guide the organization through a period of significant change and opportunity. NTPC plays a critical role in delivering the safe, reliable and affordable electricity that Northerners depend on every day. As we look to modernize our electricity system, strengthen energy security and make important investments in our infrastructure, Cory leaves the Corporation well positioned for the work ahead. On behalf of the Government of the Northwest Territories, I wish Cory all the best and thank him for his contribution to NTPC and the people of the Northwest Territories.”

Caroline Wawzonek

Minister Responsible for the Northwest Territories Power Corporation

 

Media Contact:

Doug Prendergast

Manager, Communications, NTPC

Tel:      867-874-5202

Email: dprendergast@ntpc.com

Hay River, NWT