August 23, 2024 [Reuters]- Canadian pipeline operator Trans Mountain Corp on Friday named insider Mark Maki as its chief executive officer from Sept. 1.

Maki is currently chief financial and strategy officer and will replace Dawn Farrell who will become board chairman.

He joined the role in 2020 and before that was with Canada’s largest pipeline operator Enbridge for 34 years.

Maki’s appointment comes months after the start of the Trans Mountain pipeline expansion, which is expected to nearly triple the shipment of oil from land-locked Alberta to Canada’s Pacific Coast.

The long-delayed project was built at a cost of C$34 billion ($25.16 billion) and was acquired by Canada in 2018. The government is now looking to sell the project.

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