VANCOUVER, July 24, 2014 /CNW/ - The FortisBC Board of Directors today announced the appointment of
Michael Mulcahy as President and Chief Executive Officer of FortisBC
Inc. and FortisBC Energy Inc., effective August 1, 2014.
"We are pleased to announce the promotion of Michael to President and
CEO of FortisBC," said Stan Marshall, Chair of the Board of Directors
of FortisBC and Chief Executive Officer, Fortis Inc. "His vast
experience from more than 20 years with the Fortis group of companies
and familiarity with our electric and gas businesses in B.C., positions
FortisBC to deliver quality customer service and a range of energy
options to best meet customers' needs."
Mr. Mulcahy joined the Fortis group of companies in 1993. He began with
Maritime Electric and has also held executive positions at Fortis
Properties; Newfoundland Power and FortisBC. Most recently at FortisBC,
he was Executive Vice President of Human Resources, Customer and
Corporate Services. He is a former Chair of the Customer Council of the
Canadian Electricity Association.
He succeeds John Walker who was recently appointed Executive Vice
President, Western Canadian Operations, Fortis Inc., effective August
1, 2014. Mr. Walker, in his new role, assumes responsibility for
FortisBC, FortisAlberta and non-regulated energy-related operations,
including the Waneta Expansion hydroelectric generation facility
currently under construction in British Columbia.
"Michael's appointment and the additional Fortis Inc. focus on our
Western Canadian operations provide continuity around the execution of
FortisBC's strategic plan and growth opportunities," said Marshall.
FortisBC is a regulated utility focused on providing safe and reliable
energy, including natural gas, electricity and propane. FortisBC
employs more than 2,200 British Columbians and serves approximately 1.1
million customers in 135 B.C. communities. FortisBC is indirectly
wholly owned by Fortis Inc., the largest investor-owned distribution
utility in Canada. FortisBC owns and operates two liquefied natural gas
storage facilities and four regulated hydroelectric generating plants,
approximately 7,150 kilometres of transmission and distribution power
lines, and approximately 46,000 kilometres of natural gas transmission
and distribution pipelines. FortisBC Inc., FortisBC Energy Inc.,
FortisBC Energy (Vancouver Island) Inc., and FortisBC Energy (Whistler)
Inc. do business as FortisBC. Fortis Inc. 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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