Fortis Inc.

OTCPK:FRTJ.F Stock Report

Market Cap: US$29.0b

Fortis Management

Management criteria checks 4/4

Fortis' CEO is Dave Hutchens, appointed in Jan 2021, has a tenure of 5.42 years. total yearly compensation is CA$17.30M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth $8.00M. The average tenure of the management team and the board of directors is 4.2 years and 6.8 years respectively.

Key information

Dave Hutchens

Chief executive officer

CA$17.3m

Total compensation

CEO salary percentage10.10%
CEO tenure5.4yrs
CEO ownership0.03%
Management average tenure4.2yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Hutchens's remuneration changed compared to Fortis's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

CA$2b

Dec 31 2025CA$17mCA$2m

CA$2b

Sep 30 2025n/an/a

CA$2b

Jun 30 2025n/an/a

CA$2b

Mar 31 2025n/an/a

CA$2b

Dec 31 2024CA$16mCA$2m

CA$2b

Sep 30 2024n/an/a

CA$2b

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

Compensation vs Market: Dave's total compensation ($USD12.38M) is about average for companies of similar size in the US market ($USD14.79M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.

CEO

Dave Hutchens (59 yo)

5.4yrs
Tenure
CA$17,303,041
Compensation

Mr. David Gerard Hutchens, also known as Dave, was Director of FortisBC Inc. from January 2015 to 2025. He serves as President, Chief Executive Officer and Director at Fortis Inc. since January 1, 2021. Mr...

Leadership Team

NamePositionTenureCompensationOwnership
David Hutchens
President5.4yrsCA$17.30m0.028%
$ 8.0m
Jocelyn Perry
Executive VP & CFO8yrsCA$4.03m0.012%
$ 3.5m
James Reid
Executive VP of Sustainability & Chief Legal Officer8.3yrsCA$3.50m0.0076%
$ 2.2m
Stuart Lochray
Executive Vice President of Strategy & Business Development1.4yrsCA$2.71m0.0043%
$ 1.2m
Keri Glitch
Chief Information Officer & VP2.2yrsno data0.000090%
$ 26.1k
Stephanie Amaimo
Vice President of Investor Relations8.7yrsno data0.0023%
$ 663.9k
Karen McCarthy
Vice President of Communications and Government Relations8.1yrsno data0.00076%
$ 220.3k
Tanya Finlay
Vice President of People & Culture2.9yrsno data0.0016%
$ 458.0k
Regan O'Dea
VP & General Counselno datano data0.0030%
$ 878.4k
Stephanie Raymond
President & CEO of Central Hudsonno datano datano data
J. F. Hew
President and Chief Executive Officer Caribbean Utilities Company1.4yrsno datano data
Susan Gray
Chief Executive Officer of UNS Energy1.4yrsno datano data
4.2yrs
Average Tenure
55yo
Average Age

Experienced Management: FRTJ.F's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Hutchens
President5.4yrsCA$17.30m0.028%
$ 8.0m
Maura Clark
Independent Director11.1yrsCA$451.00k0.00039%
$ 113.1k
Julie Dobson
Independent Director8.1yrsCA$443.55k0.0011%
$ 333.4k
Jo Zurel
Independent Chair10.1yrsCA$569.22k0.0020%
$ 568.2k
Donald Marchand
Independent Director3.1yrsCA$327.68k0.00098%
$ 284.1k
Pierre Blouin
Independent Director11.1yrsCA$379.62k0.00083%
$ 240.6k
Margarita Dilley
Independent Director10.1yrsCA$614.69k0.00089%
$ 258.0k
Lawrence Borgard
Independent Director9.1yrsCA$420.38k0.0022%
$ 640.7k
Gianna Manes
Independent Director5.1yrsCA$440.71kno data
Gregory Knight
Independent Director1.4yrsCA$363.44kno data
Lisa Durocher
Independent Director5.1yrsCA$352.28k0.000060%
$ 17.4k
Mary Hemmingsen
Independent Directorless than a yearno data0.000060%
$ 17.4k
6.8yrs
Average Tenure
62.5yo
Average Age

Experienced Board: FRTJ.F's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 21:56
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fortis Inc. is covered by 22 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Daniel FordBarclays
Ross FowlerBarclays