fortis ceo

", In expressing his support for Hutchens, Perry said: "David has decades of utility experience, including as CEO of our subsidiary UNS Energy in Arizona. Hutchens was appointed Chief Operating Officer of Fortis in January 2020 while concurrently serving as the CEO of UNS Energy. ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Doug Haughey, Chair of the Board of Directors (the "Board") of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced the retirement of Barry Perry, President and CEO, from Fortis and the Board, effective December 31, 2020.

Investor Relations David Hutchens, currently Chief Operating Officer of Fortis and CEO of UNS Energy, will succeed Perry and join the Board, effective January 1, 2021. 2016 Fortis announced an agreement to acquire ITC Holdings Corp., the largest independent transmission utility in the United States for US$11.3 billion.

T: 709.737.2900. "His insights, passion and leadership are widely recognized in our industry and have been greatly appreciated by those of us fortunate enough to work closely with him.".

Thank you to our employees, both past and present, for contributing to the success of Fortis," said Barry Perry. http://ml.globenewswire.com/Resource/Download/bceba61e-4eff-4c3f-ad1b-eb930ef36aaf. F: 709.737.5307 — Fortis Inc. has announced the coming retirement of CEO Barry Perry, who will be succeeded by David Hutchens effective Jan. 1. Hutchens was appointed Chief Operating Officer of Fortis in January 2020 while concurrently serving as the CEO of UNS Energy. ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Doug Haughey, Chair of the Board of Directors (the "Board") of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced the retirement of Barry Perry, President and CEO, from Fortis and the Board, effective December 31, 2020. In this position, Hutchens was integral in the development of the Corporation's strategic business plan and led initiatives on safety and operational excellence. St. John’s, NL A1E 0E4 Newspapers Limited, One Yonge Street, 4th floor, Toronto, ON, M5E 1E6. "I would like to sincerely thank Barry Perry for his outstanding leadership and immense contributions over the past 20 years," said Doug Haughey. David is a member of the Edison Electric Institute's Board of Directors, the Western Energy Institute Board of Directors and numerous other charity and civic organizations. To order In this role, Hutchens maintained his responsibility as President and CEO of UNS Energy and provided oversight of the operations of FortisBC and FortisAlberta. He assumed the position of President and CEO, UNS Energy in May 2014.

"I'm humbled to have spent the past two decades of my career with Fortis. A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/bceba61e-4eff-4c3f-ad1b-eb930ef36aaf, For further information contactInvestor Enquiries:Ms. Stephanie Amaimo Vice President, Investor RelationsFortis [email protected], Media Enquiries:Ms. Karen McCarthyVice President, Communications and Corporate AffairsFortis [email protected], Mailing Address

He has a deep understanding of our business, strategy and culture, is forward-focused, an innovative thinker and most importantly, shares the values of Fortis.". The company owns a variety of utility businesses across Canada, in parts of the United States and in the Caribbean. This report by The Canadian Press was first published Sept. 23, 2020. The transition was announced as Fortis outlined its five-year capital investment plan, and its intention to have average annual dividend growth of six per cent through 2025. David Hutchens, currently Chief Operating Officer of Fortis and CEO of UNS Energy, will succeed Perry and join the Board, effective January 1, 2021.

He was previously executive vice-president of Fortis’s western utility operations, with oversight of FortisBC and FortisAlberta.

Perry made a … Previously, David was in the investment banking business managing sales and trading divisions. In his prior role, he served as Executive Vice President, Western Utility Operations with Fortis beginning in January 2018. "I’d like to thank Barry for his tremendous contributions to Fortis," said Hutchens. Perry made a … I have absolute confidence that David and the team will continue to serve our customers well, advance our strategy and grow Fortis for years to come. 5 Springdale Street The Board's long-term CEO succession plan positioned the Corporation well for this transition and following a comprehensive process the Board confirmed Hutchens as Perry's successor. http://ml.globenewswire.com/Resource/Download/bceba61e-4eff-4c3f-ad1b-eb930ef36aaf. - Fortis Inc. has announced the coming retirement of CEO Barry Perry, who will be succeeded by David Hutchens effective Jan. 1.

He assumed the position of President and CEO, UNS Energy in May 2014. Furthermore, Barry advanced many priorities at the Corporation, including safety, diversity and inclusion, sustainability, investor relations and cybersecurity. He has led the Corporation since 2015. "I would like to sincerely thank Barry Perry for his outstanding leadership and immense contributions over the past 20 years," said Doug Haughey. David Hutchens, currently Chief Operating Officer of Fortis and CEO of UNS Energy, will succeed Perry and join the Board, effective January 1, 2021. With my colleagues, I look forward to leading this incredible company, inspiring excellence in customer service and strengthening our partnerships with community and industry.". "I'm excited about leading Fortis into a new chapter of growth driven by our transition to a cleaner energy future," said David Hutchens. "Fortis will remain a Canadian-headquartered company and our success in this evolving industry will continue to be built on our strong foundation of safety, culture, responsibility, and commitment to our customers, employees and communities," said Hutchens. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

"Fortis will remain a Canadian-headquartered company and our success in this evolving industry will continue to be built on our strong foundation of safety, culture, responsibility, and commitment to our customers, employees and communities," said Hutchens. About FortisFortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2019 revenue of $8.8 billion and total assets of $56 billion as at June 30, 2020. Prior to his current position, he served as President from June 30, 2014 to December 31, 2014 and as Vice President, Finance and Chief Financial Officer of Fortis for 10 years. Barry Perry, Vice President of Finance and CFO of Fortis Inc., succeeded Mr. Marshall as President and CEO of the Corporation, effective December 31, 2014. David is the right choice to advance the Corporation’s growth strategy and support a cleaner energy future.". David is a member of the Edison Electric Institute's Board of Directors, the Western Energy Institute Board of Directors and numerous other charity and civic organizations.

"Barry led the Corporation's acquisition of our largest business, ITC Holdings, the listing of Fortis on the New York Stock Exchange and, following our strategic expansion into the United States, he successfully pivoted the Corporation toward organic growth. "His insights, passion and leadership are widely recognized in our industry and have been greatly appreciated by those of us fortunate enough to work closely with him.". In his prior role, he served as Executive Vice President, Western Utility Operations with Fortis beginning in January 2018. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov. St. John’s, NL A1B 3T2 Prior to his current position, he served as President from June 30, 2014 to December 31, 2014 and as Vice President, Finance and Chief Financial Officer of Fortis for 10 years. In this position, Hutchens was integral in the development of the Corporation's strategic business plan and led initiatives on safety and operational excellence. permissions/licensing, please go to: www.TorontoStarReprints.com. ", "We are pleased to announce David Hutchens as the next President and CEO of Fortis," said Haughey. Copyright 2017 Fortis Inc. All rights reserved. He has led the Corporation since 2015.

This copy is for your personal non-commercial use only. JOHN’S, N.L. He earned a Bachelor of Aerospace Engineering and a Master of Business Administration from the University of Arizona and is a former nuclear submarine officer in the U.S. Navy. In this position, Hutchens was integral in the development of the Corporation's strategic business plan and … Perry made a personal decision to retire after a nearly 35-year career, over 20 of which were with Fortis. Copyright owned or licensed by Toronto Star Newspapers Limited.

David Hutchens, currently Chief Operating Officer of Fortis and CEO of UNS Energy, will succeed Perry and join the Board, effective January 1, 2021. David Hutchens, currently Chief Operating Officer of Fortis and CEO of UNS Energy, will succeed Perry and join the Board, effective January 1, 2021. © 2020 GlobeNewswire, Inc. All Rights Reserved. Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. presentation-ready copies of Toronto Star content for distribution ", "We are pleased to announce David Hutchens as the next President and CEO of Fortis," said Haughey. Street Address "I'm humbled to have spent the past two decades of my career with Fortis. T: 709.737.2800 Perry made a … All "David has been a key leader in the Fortis organization and offers a unique combination of operational and regulatory expertise in both the electric and gas sectors. Perry has been CEO of Fortis since 2015 and with the company for more than 20 years, a period that included several major acquisitions including electricity transmission company ITC Holdings Corp…

Furthermore, Barry advanced many priorities at the Corporation, including safety, diversity and inclusion, sustainability, investor relations and cybersecurity.

"I'm excited about leading Fortis into a new chapter of growth driven by our transition to a cleaner energy future," said David Hutchens. Toronto Star articles, please go to: www.TorontoStarReprints.com, The Toronto Star and thestar.com, each property of Toronto Star He has led the Corporation since 2015.

Fortis Place, Suite 1100, PO Box 8837 Hutchens was appointed Chief Operating Officer of Fortis in January 2020 while concurrently serving as the CEO of UNS Energy. The Board's long-term CEO succession plan positioned the Corporation well for this transition and following a comprehensive process the Board confirmed Hutchens as Perry's successor. Star Newspapers Limited and/or its licensors.

Perry made a personal decision to retire after a nearly 35-year career, over 20 of which were with Fortis. Mr. Dall’Antonia is President and CEO of the FortisBC group of companies.

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