ST. JOHN'S, NEWFOUNDLAND-AND-LABRADOR, Dec. 14, 2010 (Marketwire) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) today appointed Mr. David G. Norris non-executive Chair of the Board of Fortis Inc. His appointment follows the recent passing of Mr. Geoffrey Hyland who had served as Chair since 2008.
Mr. Norris joined the Fortis Inc. Board in May 2005 and was appointed Chair of the Audit Committee of the Board in May 2006. He became a Director of Newfoundland Power Inc. in 2003 and served as Chair of the Newfoundland Power Inc. Board from 2006 to 2010. Mr. Norris served as a Director of Fortis Properties Corporation from 2006 to 2010. He has been a financial and management consultant since 2001, prior to which time he was Executive Vice-President, Finance and Business Development, Fishery Products International Limited. Previously, Mr. Norris held Deputy Minister positions with the Department of Finance and Treasury Board, Government of Newfoundland and Labrador. Mr. Norris graduated with a Bachelor of Commerce from Memorial University of Newfoundland and a Master of Business Administration from McMaster University.
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.
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