– Assigns new responsibilities to two key executives –
HALIFAX, Nova Scotia--(BUSINESS WIRE)--
Chris Huskilson, President and CEO of Emera Inc. (EMA:TSX) today
announced a realignment of the company’s management structure, including
new responsibilities for two of its key executives.
Rob Bennett, currently Emera’s EVP and COO has been named Chief
Operating Officer, Emera Eastern Canada, and Scott Balfour, currently
EVP and Chief Financial Officer, will take on the new position of Chief
Operating Officer, Northeast United States and Caribbean. Mr. Balfour
will continue to serve as CFO while a search is conducted for a new CFO.
Mr. Balfour’s new responsibilities will be phased-in. He will initially
assume the role of Chair of Emera Energy in addition to his CFO role.
Once the new CFO is in place, Mr. Balfour will assume the balance of his
new responsibility for Emera’s Northeast U.S. and Caribbean businesses.
In Mr. Bennett’s new role, he will assume overall executive
responsibility for Emera’s Eastern Canadian businesses, which will
include Emera Newfoundland and Labrador once the Maritime Link project
is operational.
“These changes will further increase Emera’s capacity for growth,” said
Mr. Huskilson. “We are going through a period of significant growth and
change, with nearly half of our earnings now coming from the United
States and the Caribbean. This new reporting structure reflects that
reality.”
About Emera
Emera Inc. is geographically diverse energy and
services company headquartered in Halifax, Nova Scotia with $9.84
billion in assets and 2014 revenues of $2.97 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
investments throughout northeastern North America, and in four Caribbean
countries. Emera continues to target having 75-85% of its adjusted
earnings come from rate-regulated businesses. Emera common and preferred
shares are listed on the Toronto Stock Exchange and trade respectively
under the symbol EMA, EMA.PR.A, EMA.PR.C, EMA.PR.E, and EMA.PR.F.
Additional Information can be accessed at www.emera.com
or at www.sedar.com.
Emera
Media:
Dina Seely, 902-428-6059
Corporate
Communications
dina.bartolacci@emera.com
or
Investor
Relations:
Scott LaFleur, 902-428-6375
Investor Relations
scott.lafleur@emera.com
Source: Emera Inc.