Wednesday, May 14, 2008
Geoffrey F. Hyland
The Board of Directors of Fortis Inc. is pleased to announce the appointment of Mr. Geoffrey F. Hyland as non-executive Chair of the Board. His appointment follows the retirement of Mr. Bruce Chafe, who 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. He is also 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 revenues 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.
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