tiprankstipranks
Fortis Inc. Announces Board of Directors Changes
Company Announcements

Fortis Inc. Announces Board of Directors Changes

Story Highlights

Don't Miss Our Christmas Offers:

Fortis ( (TSE:FTS) ) has provided an announcement.

Fortis Inc. announced changes to its Board of Directors with the resignation of Ms. Lisa Crutchfield and the appointment of Gregory Knight, effective January 1, 2025. Mr. Knight brings extensive executive utility experience to the Board, which is expected to enhance Fortis’ customer-focused leadership and board practices. The company expressed gratitude for Ms. Crutchfield’s service and looks forward to Mr. Knight’s contributions.

More about Fortis

Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2023 revenue of $12 billion and total assets of $70 billion as of September 30, 2024. The company employs 9,600 people serving utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries. Fortis shares are listed on the TSX and NYSE under the symbol FTS.

YTD Price Performance: 5.76%

Average Trading Volume: 654,030

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $20.79B

For an in-depth examination of FTS stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskFortis Inc. Announces $500 Million Share Distribution Plan
TipRanks Auto-Generated NewsdeskFortis Renews Equity Program for Financial Flexibility
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App