HALIFAX, Nova Scotia--(BUSINESS WIRE)--
Chris Huskilson, President and CEO of Emera Inc. (TSX: EMA) announced
executive changes at Emera Inc., Nova Scotia Power and Emera Caribbean
today.
Rob Bennett has been promoted to the role of Executive Vice President
and Chief Operating Officer at Emera Inc. In this new position, Rob will
have a broader scope of responsibility, overseeing all operating assets
across Emera, where recent growth has created the need for increased
executive focus on operations and integration of new assets into the
Emera family of companies.
As part of his new role Rob will join Emera Executive team which
includes Chris Huskilson, President and CEO, Scott Balfour, EVP and CFO,
Nancy Tower, EVP Business Development and CEO of Emera Newfoundland and
Labrador, Barbara Meens Thistle, Chief Human Resources Officer and Bruce
Marchand, Chief Legal Officer.
Bob Hanf has been appointed President and CEO at Nova Scotia Power. Bob
has most recently been Executive Chairman of Light & Power Holdings in
the Caribbean. Prior to that, he served as Chief Legal Officer for
Emera. Bob has a track record of success at the operating company level
having served for three years as President and COO of Bangor Hydro. Bob
will continue as a Director for Light & Power Holdings and Barbados
Light & Power.
In the Caribbean, Sarah MacDonald assumes a broader portfolio. She
remains as President and CEO Grand Bahama Power Company but takes on
additional responsibilities as President of Emera Caribbean Limited,
with executive oversight for Light & Power Holdings (including Barbados
Light & Power), and assuming responsibility for all business development
activity in the Caribbean. Sarah will continue in her role as President
of ICD Utilities and as a Director for Light & Power Holdings and
Barbados Light & Power.
Both Bob Hanf and Sarah MacDonald will continue as members of Emera
Business Council which includes the leader of each of Emera’s affiliate
companies.
“These changes reflect the growth of Emera and our operating companies
and take advantage of our leadership depth and strengthen our leadership
capacity,” said Chris Huskilson, President and CEO, Emera Inc. “This is
an exciting time for our company and our people and we believe these
changes will help us to continue to deliver on our commitments to
customers in each of these markets and position us well for future
growth opportunities.”
“In Nova Scotia, Rob Bennett has led significant progress over the last
number of years, including improving system reliability, shaping the
utility’s transformation away from coal to significantly more renewable
generation and a made in NS solution to GHG reductions, ” continued Mr.
Huskilson. “Bob will move the plan forward as we continue to transform
how we make electricity in Nova Scotia, enhance customer service and
provide Nova Scotians with access to cleaner, more stably-priced power.
Similarly, we see activity in the Caribbean markets where customers want
us to advance opportunities to stabilize electricity prices and move off
of a reliance on imported fuels. Sarah MacDonald is doing an excellent
job in the turnaround plan for Grand Bahama Power and I know she will
apply her experience in stakeholder engagement, utility experience and
business development to our other Caribbean assets.”
Over the next five years, Emera expects to make more than $5 billion in
investments in the markets where its companies operate. These leadership
appointments are an essential element of Emera’s commitment to make sure
the investments result in benefit to customers and shareholders.
Forward looking statement:
This news release contains forward looking information. Actual future
results may differ materially. Additional information related to Emera,
including the company’s Annual Information Form, can be found on SEDAR
at www.sedar.com
About Emera
Emera Inc. is an energy and services company with $7.4 billion in assets
and 2011 revenues of $2.1 billion. The company invests in electricity
generation, transmission and distribution, as well as gas transmission
and utility energy services. Emera’s strategy is focused on the
transformation of the electricity industry to cleaner generation and the
delivery of that clean energy to market. Emera has interests throughout
northeastern North America and in three Caribbean countries. More than
80% of the company’s earnings come from regulated investments. Emera
common and preferred shares are listed on the Toronto Stock Exchange and
trade respectively under the symbol EMA, EMA.PR.A, and EMA.PR.C.
Additional information can be accessed at www.emera.com
or at www.sedar.com.
Media:
Sasha Irving
Director, Corporate Communications
Phone:
902-428-6685
Investor Relations:
Jill MacDonald, CA
Manager,
Investor Relations
Phone: 902-428-6486
Source: Emera Inc.