Toronto - Delayed Quote CAD

Fortis Inc. (FTS.TO)

52.38 +0.55 (+1.06%)
At close: April 18 at 4:00 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.
NameTitlePayExercisedYear Born
Mr. David Gerard Hutchens President, CEO & Director 6.06M -- 1967
Ms. Jocelyn H. Perry Executive VP & CFO 2.14M -- 1971
Mr. Gary J. Smith Executive Vice President of Operations & Innovation 1.86M -- 1962
Mr. James R. Reid Executive VP of Sustainability & Chief Legal Officer 1.96M -- --
Mr. Kevin D. Woodbury Vice President of Innovation & Technology -- -- --
Ms. Stephanie A. Amaimo Vice President of Investor Relations -- -- --
Ms. Karen M. McCarthy BPR, M.Ed Vice President of Communications and Government Relations -- -- --
Ms. Tanya Nicole Finlay Vice President of People & Culture -- -- --
Mr. Regan P. O'Dea VP & General Counsel -- -- --
Ms. Susan M. Gray Executive Vice President of Western Utility Operations -- -- 1973

Fortis Inc.

Fortis Place
Suite 1100 5 Springdale Street PO Box 8837
St. John's, NF A1E 0E4
Canada
709 737 2800 https://www.fortisinc.com
Sector: 
Utilities
Full Time Employees: 
9,598

Description

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

Corporate Governance

Fortis Inc.’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 3.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Mar 01, 2024
    Dividend Date

Upcoming Events

May 01, 2024
Fortis Inc. Earnings Call

May 16, 2024

Ex-Dividend Date

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