Fortis Inc.
TSX : FTS

Fortis Inc.

May 06, 2008 10:33 ET

Geoffrey F. Hyland Appointed Chair of Fortis Inc.

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - May 6, 2008) - The Board of Directors of Fortis Inc. (TSX:FTS) today appointed Mr. Geoffrey F. Hyland non-executive Chair of the Board of Fortis Inc. His appointment follows the retirement of Mr. Bruce Chafe who joined the Board in 1997 and has served as Chair since 2006.

Mr. Hyland joined the Fortis Inc. Board in 2001 and is a member of the Corporation's Human Resources Committee and he is a Director of FortisOntario. Mr. Hyland retired as President and CEO of Shawcor Ltd. in 2005 after 37 years of service. He graduated from McGill University with a Bachelor of Engineering (Chemical) and York University with a Master of Business Administration. Mr. Hyland continues to serve on the Board of ShawCor Ltd. and is a Director of Enerflex Systems Income Fund, SCITI Total Return Trust and Exco Technologies Limited.

Fortis Inc. is the largest investor-owned distribution utility in Canada. With total assets exceeding $10 billion and annual revenue of more than $2.7 billion, the Corporation serves approximately 2,000,000 gas and electricity customers. Its regulated holdings include a natural gas utility in British Columbia and electric distribution utilities in five Canadian provinces and three Caribbean countries. Fortis owns non-regulated hydroelectric generation assets across Canada and in Belize and Upper New York State. The Corporation also owns hotels and commercial real estate across Canada. Fortis Inc. shares are listed on the Toronto Stock Exchange and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com.

Contact Information

  • Fortis Inc.
    Ms. Donna Hynes
    Manager, Investor and Public Relations
    709-737-2800
    709-737-5307 (FAX)