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People: Fortis Inc (FTS.TO)

FTS.TO on Toronto Stock Exchange

52.01CAD
11:16pm IST
Change (% chg)

$0.59 (+1.15%)
Prev Close
$51.42
Open
$51.50
Day's High
$52.18
Day's Low
$51.50
Volume
2,163,647
Avg. Vol
1,570,538
52-wk High
$59.28
52-wk Low
$41.52

Hutchens, David 

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.

Basic Compensation

Total Annual Compensation, CAD 2,127,020
Restricted Stock Award, CAD 2,642,750
Long-Term Incentive Plans, CAD --
All Other, CAD 677,705
Fiscal Year Total, CAD 5,447,480

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