AltaGas Ltd. announced that David Cornhill, Founder of AltaGas and Chairman, has elected to step down on April 1, 2019 from the Chairman position. The new Chair, Pentti Karkkainen has been appointed by the Board of Directors, effective April 2, 2019. Mr. Cornhill will remain on the Board, ensuring an orderly transition and continuity. Mr. Karkkainen has more than 30 years of investment management, energy sector research and investment banking experience. Mr. Karkkainen was a co-founder and General Partner of KERN Partners from 2000 to 2014, and was the firm's Senior Strategy Advisor from 2014 until his retirement from the firm in 2015. In conjunction with Mr. Karkkainen, an independent director, assuming the role of Chair, Neil McCrank will step down as Lead Director. Mr. McCrank, will not stand for re-election at AltaGas' upcoming annual meeting, as he has reached the retirement age under the director retirement policy.