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Gary Smith Appointed Executive Vice President, Operations and Innovation

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Fortis Inc. (TSX/NYSE: FTS) has appointed Gary Smith as Executive Vice President, Operations and Innovation, effective January 1, 2022. Smith has been with Fortis for three decades, previously overseeing Eastern Canadian and Caribbean operations. He will enhance the corporation's safety culture and lead innovation efforts, while also managing cybersecurity functions and ensuring operational reliability. Fortis reported $8.9 billion in revenue for 2020 and maintains a diverse presence in the North American utility sector, servicing customers in several regions.

Positive
  • Gary Smith's extensive experience enhances leadership, focusing on safety and innovation.
  • Appointment aligns with Fortis's strategy for a cleaner, resilient future in utility operations.
Negative
  • None.

ST. JOHN'S, Newfoundland and Labrador, Nov. 19, 2021 (GLOBE NEWSWIRE) -- David Hutchens, President and CEO, Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today appointed Gary Smith to the position of Executive Vice President, Operations and Innovation effective January 1, 2022. Smith is currently Executive Vice President, Eastern Canadian and Caribbean Operations.

"Gary Smith has dedicated three decades to the Fortis organization, providing leadership in the areas of energy delivery, operations and customer service," said David Hutchens. "As Incident Commander of our COVID-19 emergency response and leader of the Fortis Operating Group, Gary champions a safety culture and puts employees and customers at the forefront of every decision."

Creating a cleaner, more resilient future is key to the Fortis business strategy. Gary will lead our innovation priorities and build on our work to foster an innovative culture throughout the Fortis group of companies. He will continue to provide oversight to Eastern Canadian and Caribbean operations, as well as provide leadership in key areas such as safety, reliability, and capital investment across the entire organization.   Gary will also oversee the corporation's cybersecurity and technology functions.

Smith is a team player and industry leader, most recently being recognized as a Fellow of the Canadian Academy of Engineering and one of Canada's Best Executives by the Globe and Mail. He has held senior leadership positions with the Fortis Group including President and CEO of Newfoundland Power and Vice President of Operations and Engineering of FortisAlberta. He is an avid community and industry volunteer, currently serving on the Board of Directors of Junior Achievement Canada, chairing its Canadian Business Hall of Fame Governance Committee, and chairing the Board of the Dr. H. Bliss Murphy Cancer Care Foundation.

Smith holds a Bachelor of Engineering (Electrical) from Memorial University and completed the Finance for Senior Executives Program at the Harvard Business School. He currently serves on several Fortis subsidiary Boards and is the Fortis executive responsible for the Wataynikaneyap Power project.

About Us
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry with 2020 revenue of $8.9 billion and total assets of $57 billion as at September 30, 2021. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.

For more information, please contact
Investor Enquiries:
Ms. Stephanie Amaimo
Vice President, Investor Relations
Fortis Inc.
248.946.3572
investorrelations@fortisinc.com

Media Enquiries:
Ms. Karen McCarthy
Vice President, Communications and Corporate Affairs
Fortis Inc.
709.737.5323
media@fortisinc.com

A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/08d96d02-56c5-45fb-8b1e-48fb55a344bc


FAQ

Who is the new Executive Vice President of Fortis?

Gary Smith has been appointed as the new Executive Vice President, Operations and Innovation at Fortis Inc.

What will Gary Smith oversee at Fortis?

Gary Smith will oversee operations, innovation priorities, cybersecurity functions, and capital investments.

When does Gary Smith's appointment at Fortis take effect?

Gary Smith's appointment takes effect on January 1, 2022.

What was Fortis's revenue for 2020?

Fortis reported a revenue of $8.9 billion for the year 2020.

In which regions does Fortis operate?

Fortis operates in five Canadian provinces, nine U.S. states, and three Caribbean countries.

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