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People: Fortis Inc (FTS.TO)

FTS.TO on Toronto Stock Exchange

53.14CAD
14 Jul 2020
Change (% chg)

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$53.14
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Avg. Vol
2,134,265
52-wk High
$59.28
52-wk Low
$41.52

Welch, Joseph 

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

Basic Compensation

Total Annual Compensation, CAD 124,729
Restricted Stock Award, CAD 124,375
Long-Term Incentive Plans, CAD --
All Other, CAD 236,391
Fiscal Year Total, CAD 485,495

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Douglas Haughey

465,318

Barry Perry

10,179,100

Jocelyn Perry

3,049,140

David Hutchens

5,447,480

Nora Duke

2,732,900

James Laurito

3,939,280
As Of  31 Dec 2019