TC Energy Names Ex-CEO as Chair of Oil Pipeline Business

(Reuters) — Canadian pipeline operator TC Energy on Thursday named industry veteran and former CEO Hal Kvisle as the chair of its oil pipeline unit.

Kvisle was the chief executive of the company between 2001 and 2010, when it was known as TransCanada Corp.

TC Energy said in July it would spin off its oil pipeline business and focus on transporting natural gas, saying the businesses would be more valuable apart.

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