Fortis Management

Management criteria checks 2/4

Fortis' CEO is Dave Hutchens, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is CA$14.40M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth CA$7.71M. The average tenure of the management team and the board of directors is 3.8 years and 7 years respectively.

Key information

Dave Hutchens

Chief executive officer

CA$14.4m

Total compensation

CEO salary percentage11.7%
CEO tenure3.8yrs
CEO ownership0.03%
Management average tenure3.8yrs
Board average tenure7yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Dave Hutchens's remuneration changed compared to Fortis's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CA$2b

Mar 31 2024n/an/a

CA$2b

Dec 31 2023CA$14mCA$2m

CA$2b

Sep 30 2023n/an/a

CA$1b

Jun 30 2023n/an/a

CA$1b

Mar 31 2023n/an/a

CA$1b

Dec 31 2022CA$12mCA$2m

CA$1b

Sep 30 2022n/an/a

CA$1b

Jun 30 2022n/an/a

CA$1b

Mar 31 2022n/an/a

CA$1b

Dec 31 2021CA$9mCA$1m

CA$1b

Sep 30 2021n/an/a

CA$1b

Jun 30 2021n/an/a

CA$1b

Mar 31 2021n/an/a

CA$1b

Dec 31 2020CA$7mCA$1m

CA$1b

Sep 30 2020n/an/a

CA$1b

Jun 30 2020n/an/a

CA$1b

Mar 31 2020n/an/a

CA$2b

Dec 31 2019CA$5mCA$1m

CA$2b

Sep 30 2019n/an/a

CA$2b

Jun 30 2019n/an/a

CA$2b

Mar 31 2019n/an/a

CA$1b

Dec 31 2018CA$7mCA$907k

CA$1b

Sep 30 2018n/an/a

CA$973m

Jun 30 2018n/an/a

CA$975m

Mar 31 2018n/an/a

CA$992m

Dec 31 2017CA$5mCA$857k

CA$963m

Compensation vs Market: Dave's total compensation ($USD10.34M) is above average for companies of similar size in the Canadian market ($USD7.81M).

Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.


CEO

Dave Hutchens (57 yo)

3.8yrs

Tenure

CA$14,398,098

Compensation

Mr. David Gerard Hutchens, also known as Dave, serves as President, Chief Executive Officer and Director at Fortis Inc. since January 1, 2021. Mr. Hutchens had been Chief Operating Officer of Fortis Inc. s...


Leadership Team

NamePositionTenureCompensationOwnership
David Hutchens
President3.8yrsCA$14.40m0.026%
CA$ 7.7m
Jocelyn Perry
Executive VP & CFO6.4yrsCA$3.94m0.011%
CA$ 3.3m
Gary Smith
Executive Vice President of Operations & Innovation2.8yrsCA$3.40m0.0086%
CA$ 2.6m
James Reid
Executive VP of Sustainability & Chief Legal Officer6.7yrsCA$3.50m0.0066%
CA$ 2.0m
Stuart Lochray
Senior Vice President of Capital Markets & Business Development3.2yrsCA$2.24m0.0029%
CA$ 871.6k
Kevin Woodbury
Vice President of Innovation & Technology3.2yrsno data0.0031%
CA$ 940.5k
Keri Glitch
Chief Information Officer & VPless than a yearno datano data
Stephanie Amaimo
Vice President of Investor Relations7.1yrsno data0.0018%
CA$ 551.1k
Karen McCarthy
Vice President of Communications and Government Relations6.5yrsno data0.00076%
CA$ 227.6k
Tanya Finlay
Vice President of People & Culture1.3yrsno data0.0013%
CA$ 395.4k
Regan O'Dea
VP & General Counsel7.5yrsno data0.0021%
CA$ 620.0k
Susan Gray
Executive Vice President of Western Utility Operationsno datano datano data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Management: FTS.PRK's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Hutchens
President3.8yrsCA$14.40m0.026%
CA$ 7.7m
Maura Clark
Independent Corporate Director9.5yrsCA$401.02k0.00040%
CA$ 119.8k
Julie Dobson
Independent Corporate Director6.5yrsCA$377.64k0.00075%
CA$ 224.6k
Jo Zurel
Independent Chair8.5yrsCA$474.61k0.0020%
CA$ 602.0k
Donald Marchand
Independent Director1.5yrsCA$156.67k0.0010%
CA$ 302.5k
Pierre Blouin
Independent Corporate Director9.5yrsCA$357.05k0.00065%
CA$ 194.7k
Tracey Ball
Independent Corporate Director10.5yrsCA$450.77k0.0012%
CA$ 353.4k
Margarita Dilley
Independent Corporate Director8.5yrsCA$509.54k0.00060%
CA$ 179.7k
Lawrence Borgard
Independent Corporate Director7.5yrsCA$351.38k0.0023%
CA$ 676.9k
Lisa Crutchfield
Independent Director2.5yrsCA$318.60kno data
Gianna Manes
Independent Director3.5yrsCA$339.05kno data
Lisa Durocher
Independent Director3.5yrsCA$293.10kno data

7.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: FTS.PRK's board of directors are considered experienced (7 years average tenure).