Jo Zurel - Fortis Independent Director

FTS Stock  USD 45.16  0.34  0.76%   

Director

Mr. Jo Mark Zurel is Independent Director of the Company. Mr. Zurel is President of Stonebridge Capital Inc., a private investment company, and a corporate director. From 1998 to 2006, Mr. Zurel was Senior VicePresident and Chief Financial Officer of CHC Helicopter Corporationrationration. Mr. Zurel has served on several private and public sector boards, including Major Drilling Group International Inc., the Canada Pension Plan Investment Board and Fronteer Gold Inc. He also serves on the boards of a private company and several notforprofit organizations. Mr. Zurel graduated from Dalhousie University with a Bachelor of Commerce. He is a Fellow of the Association of Chartered Professional Accountants of Newfoundland and Labrador. He holds an ICD.D designation from the Institute of Corporationrationrate Directors. Mr. Zurel was appointed to the human resources committee on May 5, 2016. He has served as a director of Newfoundland Power Inc. since 2008 and served as Chair of that board from 2012 until July 2016. since 2016.
Age 56
Tenure 8 years
Address Fortis Place, Saint John's, NF, Canada, A1E 0E4
Phone709 737 2800
Webhttps://www.fortisinc.com

Fortis Management Efficiency

The company has Return on Asset of 0.0301 % which means that on every $100 spent on assets, it made $0.0301 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0754 %, implying that it generated $0.0754 on every 100 dollars invested. 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. Return On Tangible Assets is likely to gain to 0.03 in 2024. Return On Capital Employed is likely to gain to 0.08 in 2024. At this time, Fortis' Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 0.31 in 2024, whereas Intangible Assets are likely to drop slightly above 797 M in 2024.
Fortis Inc has 30.03 B in debt with debt to equity (D/E) ratio of 1.27, which is OK given its current industry classification. Fortis Inc has a current ratio of 0.61, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Fortis to invest in growth at high rates of return.

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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 operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 9100 people. Fortis Inc (FTS) is traded on New York Stock Exchange in USA. It is located in Fortis Place, Saint John's, NF, Canada, A1E 0E4 and employs 9,600 people. Fortis is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

Fortis Inc Leadership Team

Elected by the shareholders, the Fortis' board of directors comprises two types of representatives: Fortis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortis. The board's role is to monitor Fortis' management team and ensure that shareholders' interests are well served. Fortis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortis' outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Smith, Executive Vice President - Eastern Canadian and Caribbean Operations
Julie Dobson, Independent Director
Jocelyn Perry, Chief Financial Officer, Executive Vice President
James Laurito, Executive Vice President - Business Development, Chief Technology Officer
Keri Glitch, Chief VP
Ronald Hinsley, Chief Information Officer, Vice President
Lawrence Borgard, Independent Director
David Hutchens, Chief Operating Officer, Executive Vice President - Western Utility Operations, Fortis
Karen Gosse, Vice President - Planning and Forecasting
Susan Gray, Ex Operations
Jamie Roberts, Vice President Controller
Barry Perry, President, Chief Executive Officer, Director
Joseph Welch, Non - Independent Director
Jo Zurel, Independent Director
Karen Mccarthy, Vice President - Communications and Corporate Affairs
Jocelyn CPA, Executive CFO
Margarita Dilley, Independent Director
Douglas Haughey, Independent Non-Executive Chairman of the Board
Maura Clark, Independent Director
Stephanie Amaimo, Vice President - Investor Relations
Pierre Blouin, Independent Director
Regan ODea, Vice President, General Counsel - Corporate
Lisa Durocher, Director
Kevin Woodbury, Vice Technology
James Reid, Executive Vice President Chief Legal Officer and Corporate Secretary
Tanya Finlay, Vice Culture
Stuart Lochray, Senior Development
Nora Duke, Executive Vice President - Corporate Services and Chief Human Resource Officer
Paul Bonavia, Independent Director
Tracey Ball, Independent Director
Gianna Manes, Director
MEd BPR, Vice Relations

Fortis Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fortis a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for Fortis Stock Analysis

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