HALIFAX, Nova Scotia--(BUSINESS WIRE)--
Emera Inc. (TSX:EMA) and Nova Scotia Power (NSP) today announced
executive changes at Emera and NSP.
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Effective August 1, Bob Hanf, currently President and CEO of NSP, will
assume the new role of Executive Vice President, Stakeholder Relations
and Regulatory Affairs with Emera. In this new role, Hanf will lead
strategy and alignment for all teams across Emera companies in the areas
of stakeholder and regulatory relations, safety, environment,
communications and government relations.
Also effective August 1, Karen Hutt, currently Emera’s Vice President,
Mergers and Acquisitions, will become President and CEO of NSP. Since
joining Emera in 2001, Hutt has held increasingly senior leadership
positions with Emera. Recently, she played a critical role in the TECO
Energy acquisition, helping to secure, advance and close the transaction.
“Throughout his career at Emera, Bob Hanf has demonstrated strong
leadership in advancing Emera’s business strategy while being a powerful
advocate around our leadership table for Emera’s customers and the
communities we serve,” said Chris Huskilson, President and CEO of Emera
Inc. “As President and CEO of Nova Scotia Power, Bob’s stewardship of
stakeholder and regulatory relations was critical to delivering the rate
stability plan for customers in Nova Scotia. This kind of leadership
will be increasingly important in our growing business, where all Emera
companies must focus on relationships to ensure we are meeting our
present commitments and shaping new opportunities for growth.”
“With Nova Scotia Power’s focus on improving customer experience,
achieving rate stability and leading electricity transformation, Karen
Hutt will bring the right mix of energy, leadership and skill to
continue that work as President and CEO,” said Scott Balfour, Chair,
Nova Scotia Power. “Emera believes in building deep connections with the
communities it serves – and Karen will continue the important work that
Bob Hanf led in helping build trust and deepen relationships with Nova
Scotia customers and communities.”
Hanf has served in roles as diverse as Emera’s Chief Legal Officer,
President and COO of Bangor Hydro, and Executive Chairman of Light &
Power Holdings in the Caribbean. Throughout his career, he has built a
strong track record, providing leadership on important customer,
community and regulatory issues. This new senior leadership role will
bring to bear Hanf’s strengths, and build on the important work he did
most recently as NSP’s President and CEO.
Hutt first joined Nova Scotia Power to help implement its customer
focused strategy. Since then, she has led a number of commercial and
business development initiatives at Emera Energy and Emera Inc., gaining
a deep understanding of customer and regulatory issues, and forming
strategic relationships in markets as diverse as Canada, New England and
New Mexico. Prior to her current role, Hutt served as Emera Energy’s
Executive Vice President, Commercial, as well as President of Northeast
Wind, where she gained extensive marketing, customer service, strategy,
and business development experience.
“It’s an exciting time for Emera. As the company grows, we believe it is
important to enhance our leadership strength across the board,” said
Huskilson. “As our people are exposed to new opportunities and broaden
their contribution, we are focused on leveraging our talent to the
benefit of customers, shareholders and communities we serve.”
Over a period of five years, Emera expects to make more than $8 billion
in investments in the markets where its companies operate. These
leadership appointments will help facilitate the right approach and
focus, while ensuring Emera’s growth helps create lasting benefits for
both 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 Inc.
Emera Inc. is a geographically diverse energy and services company
headquartered in Halifax, Nova Scotia with approximately $27.5 billion
in assets and 2015 pro-forma revenues of $ 6.3 billion. The company
invests in electricity generation, transmission and distribution, gas
transmission and distribution, and utility energy services with a
strategic focus on transformation from high carbon to low carbon energy
sources. Emera has investments throughout North America, and in four
Caribbean countries. Emera continues to target having 75-85% of its
adjusted earnings come from rate-regulated businesses. Emera’s common
and preferred shares are listed on the Toronto Stock Exchange and trade
respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C,
EMA.PR.E, and EMA.PR.F and instalment receipts are listed and trade
under the symbol EMA.IR. Depositary receipts representing common shares
of Emera are listed on the Barbados Stock Exchange under the symbol
EMABDR. Additional Information can be accessed at www.emera.com
or at www.sedar.com.
About Nova Scotia Power
Nova Scotia Power Inc. is the largest wholly-owned subsidiary of Emera
Inc. (TSX:EMA), a diversified energy and services company. Nova Scotia
Power provides 95% of the generation, transmission and distribution of
electrical power to 507,000 customers in the province. The company is
focused on new technologies to enhance customer service and reliability,
reduce emissions and add renewable energy. Nova Scotia Power has 1,700
employees and $4.6 billion in assets. Learn more at www.nspower.ca.
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Media:
Nova Scotia Power
Sasha Irving, 902-229-5104
Vice
President, Communications and Public Affairs
sasha.irving@nspower.ca
or
Emera
Inc.
Neera Ritcey, 902-222-2683
Manager, Communications
neera.ritcey@emera.com
or
Investor
Relations:
Emera Inc.
Scott LaFleur, 902-428-6375
Manager,
Investor Relations
scott.lafleur@emera.com
Source: Emera Inc.