ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, Nov. 8, 2010 (Marketwire) --
Editors note: A photo is included with this press release on Marketwire's website.
The Board of Directors of Fortis Inc. (TSX:FTS) is saddened at the recent passing of its Chair, Mr. Geoffrey Hyland. Mr. Hyland joined the Fortis Inc. Board in 2001 and was appointed Chair of the Board of Fortis in 2008. He also served as a Director of FortisOntario.
"We wish to express our deepest sympathies to Geoff's wife, Heather, and the Hyland family," says Stan Marshall, President and Chief Executive Officer, Fortis Inc. "All of us at Fortis have a tremendous amount of gratitude for the leadership, guidance and business acumen Geoff provided. He was well respected and highly regarded as both a colleague and a friend."
Fortis Inc. is the largest investor-owned distribution utility in Canada with total assets of $12.5 billion and fiscal 2009 revenues totalling $3.6 billion. The Corporation serves approximately 2,100,000 gas and electricity customers. Its regulated holdings include electric distribution utilities in five Canadian provinces and three Caribbean countries and a natural gas utility in British Columbia. Fortis owns non-regulated generation assets across Canada and in Belize and Upper New York State. It also owns hotels and commercial real estate in Canada. Fortis shares are listed on the Toronto Stock Exchange and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com or www.sedar.com.
Vice President, Finance and Chief Financial Officer