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Fortis Inc. (TSX:FTS) appoints new board chair

Utility
TSX:FTS
28 July 2022 09:00 (EDT)
Fortis - Director, Jo Mark Zurel

Source: LinkedIn

The Board of Directors of Fortis (TSX: FTS) has appointed Jo Mark Zurel Chair of the Board, effective January 1, 2023.

The current chair, Mr. Haughey, will remain on the board until the next annual meeting.

David Hutchens, President and Chief Executive Officer of Fortis, commented on the appointment.

“I would like to welcome Jo Mark Zurel to his new role. He is an experienced and well-respected director, and I am confident he will excel in this important leadership role.”

Mr. Zurel has been a Fortis board member since 2016, served on the corporation’s Audit and Human Resources Committees and served as Chair of the Human Resources Committee from 2018 to 2022. He served on the Board of Directors of Newfoundland Power Inc. from 2008 until 2016, including as Chair from 2012 to 2016.

Mr. Zurel graduated from Dalhousie University with a Bachelor of Commerce. He is a Fellow of the Association of Chartered Professional Accountants of Newfoundland and Labrador and holds an ICD.D designation from the Institute of Corporate Directors.

Fortis is a leader in the North American regulated electric and gas utility industry.

The corporation serves utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

Fortis Inc. (FTS) opened trading at C$60.52.


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