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Fortis Inc. (12F.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
36.74-0.78 (-2.08%)
At close: 04:21PM CEST

Fortis Inc.

Fortis Place
Suite 1100 5 Springdale Street PO Box 8837
Saint John's, NF A1B 3T2
709 737 2800

IndustryUtilities—Regulated Electric
Full Time Employees9,200

Key Executives

NameTitlePayExercisedYear Born
Mr. David Gerard HutchensPres, CEO & Director3.55MN/A1967
Ms. Jocelyn H. PerryExec. VP & CFO1.35M171.03k1972
Mr. Gary J. SmithExec. VP of Operations & Innovation1.15M281.35k1962
Mr. James R. ReidExec. VP of Sustainability & Chief Legal Officer1.2MN/AN/A
Mr. Stuart I. LochraySr. VP of Capital Markets & Bus. Devel.883.23kN/AN/A
Mr. Kevin D. WoodburyVP of Innovation & TechnologyN/AN/AN/A
Mr. Ronald J. HinsleyChief Information Officer & VPN/AN/AN/A
Ms. Stephanie A. AmaimoVP of Investor RelationsN/AN/AN/A
Ms. Karen M. McCarthy BPR, M.EdVP of Communications and Gov. RelationsN/AN/AN/A
Ms. Tanya Nicole FinlayVP of People & CultureN/AN/AN/A
Amounts are as of December 31, 2022 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 EUR.


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 443,000 retail customers in southeastern Arizona; and 102,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,328 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 1,076,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 584,000 customers in southern and central Alberta; owns 4 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 143 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 274,000 customers in Newfoundland and Labrador; approximately 33,000 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 90,200 circuit Kilometers (km) of distribution lines; and approximately 51,200 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 September 1, 2023 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.