Algonquin Power & Utilities' chief executive, Chris Huskilson, will step down from the head role after a year and a half as the company transitions to a regulated utility business.

Algonquin Power & Utilities said on Friday that industry veteran Rod West will succeed Chris Huskilson as its new chief executive officer, effective March 7.

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The parent company of Liberty will make the change in early March; current leader Chris Huskilson will remain a board member.