Fortis Company Executives
| FTS Stock | CAD 77.18 0.53 0.68% |
Fortis employs about 9.9 K people. The company is managed by 34 executives with a total tenure of roughly 210 years, averaging almost 6.0 years of service per executive, having 291.94 employees per reported executive. Analysis of Fortis' management performance can provide insight into the firm performance.
| Barry Perry CEO President, Chief Executive Officer, Director |
| Douglas Haughey Chairman Independent Non-Executive Chairman of the Board |
Fortis |
Fortis Management Team Effectiveness
The company has return on total asset (ROA) of 0.0301 % which means that it generated a profit of $0.0301 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0758 %, meaning that it generated $0.0758 on every $100 dollars invested by stockholders. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities.Fortis holds a total of 507.4 Million outstanding shares. Over half of Fortis' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Fortis. Please watch out for any change in the institutional holdings of Fortis Inc as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Some institutional investors establish a significant position in stocks such as Fortis in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Fortis, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Fortis Workforce Comparison
Fortis Inc is one of the top stocks in number of employees category among its peers. The total workforce of Utilities industry is currently estimated at about 34,557. Fortis totals roughly 9,926 in number of employees claiming about 29% of Utilities industry.
The company has Profit Margin (PM) of 0.15 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.29 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.29. Fortis Inc Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Fortis Inc Price Series Summation is a cross summation of Fortis price series and its benchmark/peer.
Fortis Notable Stakeholders
A Fortis stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Fortis often face trade-offs trying to please all of them. Fortis' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Fortis' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Eddinton JP | CEO Caicos | Profile | |
| Barry Perry | President, Chief Executive Officer, Director | Profile | |
| Douglas Haughey | Independent Non-Executive Chairman of the Board | Profile | |
| Gary Smith | Executive Vice President - Eastern Canadian and Caribbean Operations | Profile | |
| Jocelyn Perry | Chief Financial Officer, Executive Vice President | Profile | |
| James Laurito | Executive Vice President - Business Development, Chief Technology Officer | Profile | |
| Ruth GardinerForbes | President FortisTCI | Profile | |
| J Hew | President Company | Profile | |
| Ronald Hinsley | Chief Information Officer, Vice President | Profile | |
| David Hutchens | Chief Operating Officer, Executive Vice President - Western Utility Operations, Fortis | Profile | |
| Karen Gosse | Vice President - Planning and Forecasting | Profile | |
| Jamie Roberts | Vice President, Controller | Profile | |
| Stephanie Amaimo | Vice President - Investor Relations | Profile | |
| Regan ODea | Vice President, General Counsel - Corporate | Profile | |
| James Reid | Executive Vice President Chief Legal Officer and Corporate Secretary | Profile | |
| Nora Duke | Executive Vice President - Corporate Services and Chief Human Resource Officer | Profile | |
| Stephanie Raymond | President Hudson | Profile | |
| Jocelyn CPA | Executive CFO | Profile | |
| Julie Dobson | Independent Director | Profile | |
| Lawrence Borgard | Independent Director | Profile | |
| Joseph Welch | Non - Independent Director | Profile | |
| Jo Zurel | Independent Director | Profile | |
| Margarita Dilley | Independent Director | Profile | |
| Maura Clark | Independent Director | Profile | |
| Pierre Blouin | Independent Director | Profile | |
| Paul Bonavia | Independent Director | Profile | |
| Tracey Ball | Independent Director | Profile | |
| Keri Glitch | Chief VP | Profile | |
| Susan Gray | Executive Operations | Profile | |
| Karen Mccarthy | Vice President - Communications and Corporate Affairs | Profile | |
| Kevin Woodbury | Vice Technology | Profile | |
| Tanya Finlay | Vice Culture | Profile | |
| Stuart Lochray | Executive Development | Profile | |
| MEd BPR | Vice Relations | Profile |
About Fortis Management Performance
The success or failure of an entity such as Fortis Inc often depends on how effective the management is. Fortis management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Fortis management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Fortis management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. FORTIS INC operates under UtilitiesRegulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 9100 people.
Fortis Workforce Analysis
Traditionally, organizations such as Fortis use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Fortis within its industry.Fortis Manpower Efficiency
Return on Fortis Manpower
| Revenue Per Employee | 1.2M | |
| Revenue Per Executive | 357.9M | |
| Net Income Per Employee | 197.6K | |
| Net Income Per Executive | 57.7M |
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