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Fortis Inc (FTS.TO)

FTS.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

Douglas Haughey

63 2016 Non-Executive Independent Chairman of the Board

Barry Perry

55 2015 President, Chief Executive Officer, Director

Jocelyn Perry

2018 Chief Financial Officer, Executive Vice President

David Hutchens

2020 Chief Operating Officer

Nora Duke

58 2017 Executive Vice President - Sustainability, Chief Human Resource Officer

James Laurito

2019 Executive Vice President - Business Development, Chief Technology Officer

James Reid

2018 Executive Vice President, Chief Legal Officer and Corporate Secretary

Gary Smith

2017 Executive Vice President - Eastern Canadian and Caribbean Operations

Ronald Hinsley

2019 Chief Information Officer, Vice President

Regan O'Dea

2017 Vice President, General Counsel

Jamie Roberts

2013 Vice President, Controller

Karen Gosse

2018 Vice President, Treasury and Planning

Stephanie Amaimo

2017 Vice President - Investor Relations

Karen Mccarthy

2018 Vice President - Communications and Corporate Affairs

Joseph Welch

70 2017 Non - Independent Director

Tracey Ball

62 2014 Independent Director

Pierre Blouin

62 2015 Independent Director

Paul Bonavia

68 2018 Independent Director

Lawrence Borgard

58 2017 Independent Director

Maura Clark

61 2015 Independent Director

Margarita Dilley

62 2016 Independent Director

Julie Dobson

63 2018 Independent Director

Jo Zurel

56 2016 Independent Director

Biographies

Name Description

Douglas Haughey

Mr. Douglas J. Haughey serves as Non-Executive Independent Chairman of the Board of the Company. From August 2012 through May 2013, Mr. Haughey was Chief Executive Officer of The Churchill Corporation, a commercial construction and industrial services company focused on the western Canadian market. From 2010 through its successful sale to Pembina Pipeline in April 2012, he served as President and Chief Executive Officer of Provident Energy Ltd., an owner/operator of natural gas liquids midstream facilities. From 1999 through 2008, Mr. Haughey held several executive roles with Spectra Energy and predecessor companies, including President and Chief Executive Officer of Spectra Energy Income Fund. Mr. Haughey graduated from the University of Regina with a Bachelor of Business Administration and from the University of Calgary with an MBA. He holds an ICD.D designation from the Institute of Corporate Directors.

Barry Perry

Mr. Barry V. Perry is no longer serves as President, Chief Executive Officer, Director of the Company effective 12/31/2020. As President & CEO, Mr. Perry is responsible for the long-term success of Fortis and our sustainability strategy. Mr. Perry’s career with the Fortis Group spans 20 years. Mr. Perry was appointed President on June 30, 2014 and Chief Executive Officer, effective January 1, 2015. He was previously Vice President, Finance and Chief Financial Officer, and joined the Fortis Group in 2000 as Vice President, Finance and Chief Financial Officer of Newfoundland Power. He was also Vice President and Treasurer with a global forest products company and Corporate Controller with a large crude oil refinery. Mr. Perry earned a Bachelor of Commerce (Honours) from Memorial University of Newfoundland and is a member of the Association of Chartered Professional Accountants of Newfoundland and Labrador. He serves on the boards of FortisBC Energy, FortisBC, UNS Energy and ITC. Mr. Perry is Chair of the Edison Electric Institute’s (EEI) International Programs Trans-Atlantic Regional Advisory Committee and Co-Chair of EEI’s CEO Policy Committee on Energy Delivery.

Jocelyn Perry

Ms. Jocelyn H. Perry serves as Chief Financial Officer, Executive Vice President of the Company. Ms. Perry was appointed EVP, CFO on June 1, 2018 and is responsible for our financial strategy, financial reporting and investor relations strategy. Prior to her appointment she worked at Newfoundland Power for 13 years in a variety of capacities, including Chief Financial Officer, Chief Operating Officer and lastly as President and Chief Executive Officer. She was Director of Finance at Fortis in the early 2000s, and previously served in other finance roles in the private sector. She is a Fellow Chartered Professional Accountant (2018), completed a Bachelor of Commerce (Honours) at Memorial University and received her Chartered Accountant designation in the early 1990s. Ms. Perry serves on the boards of FortisBC, CH Energy Group and Central Hudson. Ms. Perry has devoted considerable time to the community in Newfoundland and Labrador, serving as a board member and a volunteer for organizations such as the Healthcare Foundation and C-CORE.

David Hutchens

Mr. David Gerard Hutchens has been appointed as President, Chief Executive Officer, Director of the Company effective 1/1/2021. Mr. Hutchens was appointed an officer of Fortis in January 2018. As EVP, Western Utility Operations he continued to serve as President and Chief Executive Officer of UNS Energy, Arizona-based parent company of TEP and UniSource Energy Services, while also overseeing our FortisBC and FortisAlberta operations. In November 2019 Mr. Hutchens was appointed to the newly created role of Chief Operating Officer effective January 1, 2020, broadening his responsibilities to include operational oversight of our 10 utilities while remaining Chief Executive Officer of UNS Energy. Mr. Hutchens’ career in the energy sector spans more than 20 years. He held a variety of positions at our electric and gas utilities in Arizona prior to becoming President and CEO of UNS Energy in 2014. Mr. Hutchens earned a Bachelor of Aerospace Engineering degree and an MBA from the University of Arizona, and is a former nuclear submarine officer in the U.S. Navy. Mr. Hutchens serves on the boards of UNS Energy, FortisBC and FortisAlberta. Mr. Hutchens serves on the board of directors of the Edison Electric Institute and the Western Energy Institute and a number of other charitable and civic organizations.

Nora Duke

Ms. Nora M. Duke serves as Executive Vice President - Sustainability, Chief Human Resource Officer of the Company. Ms. Duke is responsible for sustainability and stewardship and our human resources policies, programs and practices. Ms. Duke’s career with the Fortis Group spans 32 years. She was previously President and Chief Executive Officer of Fortis Properties, Vice President of Hospitality Services of Fortis Properties, and Vice President of Customer and Corporate Services of Newfoundland Power. She earned a Bachelor of Commerce (Honours) and an MBA from Memorial University of Newfoundland. Ms. Duke serves on the board of UNS Energy and FortisAlberta. She is a member of the Edison Electric Institute’s ESG/Sustainability Steering Committee and serves on the boards of Slate Office REIT and Memorial University’s Genesis Group. Ms. Duke is past Chair of IHG Canada Owners’ Committee, the Newfoundland and Labrador Employers’ Council and Memorial University’s Genesis Centre Selection Board and past Vice Chair of the Hotel Association of Canada.

James Laurito

Mr. James P. Laurito serves as Executive Vice President - Business Development, Chief Technology Officer of the Company. Mr. Laurito was appointed an officer of Fortis in April 2016 and continues to serve as President and Chief Executive Officer of CH Energy Group. As of May 2019, Mr. Laurito is responsible for technological development, innovation and cybersecurity in addition to overseeing business development. Mr. Laurito previously served as President and Chief Executive Officer of Central Hudson, Fortis’ first U.S. utility. He joined Central Hudson in January 2010 as President. Mr. Laurito previously served as President and Chief Executive Officer of New York State Electric and Gas Corporation and Rochester Gas and Electric Corporation, subsidiaries of Iberdrola/Energy East Corporation. He earned a Bachelor of Science in Civil Engineering from West Virginia University and completed an Executive Program in Finance and Manufacturing Management at Columbia University. Mr. Laurito serves on the boards of Central Hudson, CH Energy Group, ITC and Belize Electricity Limited. He also serves on several industry boards, including the Edison Electric Institute, American Gas Association and the Federal Reserve Bank of New York Upstate Advisory Board. Mr. Laurito is past Chair of the Northeast Gas Association.

James Reid

Mr. James R. Reid serves as Executive Vice President, Chief Legal Officer and Corporate Secretary of the Company. Jim is an adjunct professor at Osgoode Hall Law School in Toronto, teaching the Advanced Business Law Workshop in corporate finance. He also serves on the Dean's Advisory Committee for the Centre for Business Law at the University of British Columbia. He is the recipient of many awards and recognitions, including in Chambers Canada, IFLR1000, The Legal 500 Canada, Report on Business/Lexpert Special Edition Canada's Leading Energy Lawyers and The Best Lawyers in Canada. He commonly provides insights on matters such as public company disclosure in the age of social media, cross-border mergers and acquisitions, and due diligence for capital market transactions. Jim earned his law degree in 1996 at the Peter A. Allard School of Law, University of British Columbia, and a political science degree at McGill University in Montreal in 1992.

Gary Smith

Mr. Gary J. Smith serves as Executive Vice President - Eastern Canadian and Caribbean Operations of the Company. Mr. Smith served as President and Chief Executive Officer at Newfoundland Power from 2014 to June 2017 and Vice President, Customer Operations and Engineering at Newfoundland Power from 2008 to 2014.

Ronald Hinsley

Regan O'Dea

Mr. Regan P. O'Dea serves as Vice President, General Counsel of the Company. Prior to joining Fortis, Mr. O'Dea served as Director, Legal and Corporate Services at a national insurance company.

Jamie Roberts

Mr. Jamie D. Roberts serves as Vice President, Controller of the Company. Mr. Roberts was appointed Vice President, Controller, effective March 20, 2013. From 2008 to the time of such appointment, Mr. Roberts served as Vice President, Finance and Chief Financial Officer of Fortis Properties.

Karen Gosse

Ms. Karen J. Gosse serves as Vice President, Treasury and Planning of the Company. Ms. Gosse was appointed Vice President, Planning and Forecasting, effective November 1, 2015. Ms. Gosse served as Vice President, Finance, and Chief Financial Officer of Fortis Properties from 2013 until her appointment with Fortis and Manager, Financial Reporting of Fortis from 2005 to 2013.

Stephanie Amaimo

Ms. Stephanie Ann Amaimo serves as Vice President - Investor Relations of the Company. Ms. Amaimo served as Director, Investor Relations from October 2016 to October 2017. Ms. Amaimo served as Director, Investor Relations and Manager, Financial Planning and Analysis at ITC Holdings from 2015 to 2016 and 2013 to 2015, respectively.

Karen Mccarthy

Joseph Welch

Mr. Joseph L. Welch serves as Non - Independent Director of the Company. Mr. Welch serves as Chairman of the Board of ITC. He retired as President and Chief Executive Officer of ITC, effective October 31, 2016 following its acquisition by Fortis. He began his career in the utility business in 1971, established ITCTransmission in Michigan as a stand-alone entity from its parent corporation in 2003, and subsequently led ITC’s growth into the largest independent electric transmission company in the United States. Mr. Welch graduated from the University of Kansas with a Bachelor of Science (Electrical Engineering). He is a licensed professional engineer in the state of Michigan. Mr. Welch does not serve on any Fortis committees because he is not considered independent at this time. Mr. Welch has served as Chairman of the Board of ITC since 2008

Tracey Ball

Ms. Tracey Colleen Ball serves as Independent Director of the Company. Ms. Ball retired in September 2014 as Executive Vice President and Chief Financial Officer of Canadian Western Bank Group. Prior to joining a predecessor to Canadian Western Bank Group in 1987, she worked in public accounting and consulting. Ms. Ball has served on several private and public sector boards, including the Province of Alberta Audit Committee and the Financial Executives Institute of Canada. Ms. Ball graduated from Simon Fraser University with a Bachelor of Arts (Commerce). She is a member of the Chartered Professional Accountants of Alberta and the Chartered Professional Accountants of British Columbia. Ms. Ball was elected as a Fellow of the Chartered Professional Accountants of Alberta in 2007. She holds an ICD.D designation from the Institute of Corporate Directors. Ms. Ball served on the board of directors of FortisAlberta from April 2011 to April 2018 and served as its Chair from February 2016 to February 2018. Ms. Ball has served as a director of FortisBC Energy and FortisBC since April 2018.

Pierre Blouin

Mr. Pierre J. Blouin serves as Independent Director of the Company. Mr. Blouin served as the Chief Executive Officer of Manitoba Telecom Services, Inc. until his retirement in December 2014. Prior to joining Manitoba Telecom Services, Inc. as its Chief Executive Officer in 2005, Mr. Blouin held various executive positions in the Bell Canada Enterprises group of companies, including Group President, Consumer Markets for Bell Canada, Chief Executive Officer of BCE Emergis, Inc. and Chief Executive Officer of Bell Mobility.

Paul Bonavia

Mr. Paul J. Bonavia J.D. serves as Independent Director of the Company. Mr. Bonavia resigned as Executive Chairman of UNS Energy Corporation when it was acquired by Fortis in August 2014. Prior to holding this position, Mr. Bonavia served UNS Energy Corporation in the roles of Chairman and Chief Executive Officer and Chairman, President and Chief Executive Officer since 2009. Mr. Bonavia has served on several public and private sector boards, including the Midcontinent Independent System Operator (MISO). Mr. Bonavia graduated from Drake University with a Bachelor of Arts and from the University of Miami with a Juris Doctora

Lawrence Borgard

Mr. Lawrence T. Borgard is Independent Director of the Company. Mr. Borgard is the former President and Chief Operating Officer of Integrys Energy Group and the Chief Executive Officer of each of Integrys’ six regulated electric and natural gas utilities. Mr. Borgard retired in 2015, following the successful sale of Integrys. Prior to serving as President at Integrys, Mr. Borgard served in a variety of executive roles. Mr. Borgard graduated from Michigan State University with a Bachelor of Science (Electrical Engineering) and the University of Wisconsin-Oshkosh with an MBA. He also attended the Advanced Management Program at Harvard University Business School.

Maura Clark

Ms. Maura J. Clark serves as Independent Director of the Company. Ms. Clark retired from Direct Energy, a subsidiary of Centrica plc, in March 2014 where she was President of Direct Energy Business, a leading energy retailer in Canada and the United States. Previously, Ms. Clark was Executive Vice President of North American Strategy and Mergers and Acquisitions for Direct Energy. Ms. Clark’s prior experience includes investment banking and serving as Chief Financial Officer of an independent oil refining and marketing company. Ms. Clark graduated from Queen’s University with a Bachelor of Arts in Economics. She is a member of the Association of Chartered Professional Accountants of Ontario.

Margarita Dilley

Ms. Margarita K. Dilley is Independent Director of the Company. Ms. Dilley retired from ASTROLINK International LLC in 2004, an international wireless broadband telecommunications company, where she was Vice President and Chief Financial Officer. Ms. Dilley’s prior experience includes serving as Director, Strategy & Corporate Development and Treasurer for Intelsat. Ms. Dilley graduated from Cornell University with a Bachelor of Arts, from Columbia University with a Master of Arts and from Wharton Graduate School, University of Pennsylvania with an MBA. Ms. Dilley has served as a director of CH Energy Group since December 2004 and Central Hudson since June 2013 and has served as the Chair of those boards since January 2015.

Julie Dobson

Ms. Julie A. Dobson serves as Independent Director of the Company. Ms. Dobson is Non-Executive Chairman of Telebright, Inc. a private firm established in 1989, where she oversees the development of telecom management software applications and mobile applications for the business to business and business to consumer markets. She was Chief Operating Officer at Telecorp PCS, Inc. and held various senior management positions with Bell Atlantic Corporation during her 18-year career with the company. Ms. Dobson graduated from the College of William and Mary with a Bachelor of Science and from the University of Pittsburgh with an MBA.

Jo Zurel

Mr. Jo Mark Zurel is Independent Director of the Company. From 1998 to 2006, Mr. Zurel was Senior Vice-President and Chief Financial Officer of CHC Helicopter Corporation. Mr. Zurel serves on several private and public sector boards, including Highland Copper Company Inc., Major Drilling Group International Inc. and the Canada Pension Plan Investment Board. He also serves on the board of the Institute of Corporate Directors. Mr. Zurel graduated from Dalhousie University with a Bachelor of Commerce. He is a Fellow of the Association of Chartered Professional Accountants of Newfoundland and Labrador. He holds an ICD.D designation from the Institute of Corporate Directors. Mr. Zurel served as a director of Newfoundland Power from January 2008 and as Chair of that board from April 2012 until July 2016.

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