Fortis Announces Executive Changes
05 Mai 2022 - 12:00PM
Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today
announced the retirement of Nora Duke, EVP, Sustainability and CHRO
after a 36-year career with the Corporation. Following on Ms.
Duke's retirement, Jim Reid, currently EVP, Chief Legal Officer and
Corporate Secretary, is appointed EVP, Sustainability and Chief
Legal Officer effective July 1, 2022. Jim will assume oversight of
sustainability, human resources, communications and government
relations, in addition to his legal and governance portfolio.
"Throughout her longstanding career, Nora's
strategic guidance and expertise have played a significant role in
the growth and success of Fortis," said David Hutchens, President
and CEO, Fortis Inc. "Her thoughtful leadership on sustainability,
diversity and inclusion, and talent management has strengthened our
workforce and positioned us well as a leader in the North American
marketplace. On behalf of the entire team at Fortis, we thank Nora
for her incredible service and wish her good health and happiness
in her retirement."
Nora's career began at Newfoundland Power in
1986 where she advanced to Vice President, Customer and Corporate
Services. Subsequently, Nora became the first-ever female CEO of a
Fortis subsidiary, Fortis Properties, before taking on an Executive
Vice President role at Fortis in 2015.
In his expanded role, Jim Reid will assume lead
responsibility for the Corporation's sustainability and people
strategies, including our commitment to net zero direct emissions
by 2050.
"Since joining Fortis in 2018, Jim has become
instrumental to the Corporation's overall business strategy while
keeping a steady hand on our corporate governance," said Hutchens.
"I am confident that Jim will continue to provide sound oversight
and guidance as we progress our sustainability goals and develop
diverse talent to lead our organization for the future."
Jim was previously a partner with Davies Ward
Phillips & Vineberg LLP in Toronto where he practiced for 20
years. Prior to joining Fortis, he had a 15-year relationship with
the Corporation, having advised on corporate governance matters,
large capital market transactions, regulatory applications and
mergers, and acquisitions in both Canada and the United States.
About FortisFortis is a
well-diversified leader in the North American regulated electric
and gas utility industry, with 2021 revenue of $9.4 billion and
total assets of $58 billion as at March 31, 2022. The Corporation's
9,100 employees serve utility customers in five Canadian provinces,
nine U.S. states and three Caribbean countries.
Fortis shares are listed on the TSX and NYSE and
trade under the symbol FTS. Additional information can be accessed
at www.fortisinc.com, www.sedar.com, or www.sec.gov.
A .pdf version of this press release is
available
at: http://ml.globenewswire.com/Resource/Download/ce54b228-4251-482b-94de-d892c90da87d
For more information, please
contactInvestor Enquiries:Ms. Stephanie AmaimoVice
President, Investor RelationsFortis
Inc.248.946.3572investorrelations@fortisinc.com
Media Enquiries:Ms. Karen McCarthyVice
President, Communications and Corporate AffairsFortis
Inc.709.737.5323media@fortisinc.com
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