CALGARY, AB, Nov. 9, 2020 /CNW/ - The FortisAlberta Inc. Board of Directors announced today that Michael Mosher will be retiring and will be succeeded by Janine Sullivan as President and Chief Executive Officer of FortisAlberta, effective Jan.1, 2021.

"We are pleased to announce the appointment of Janine as the new President and CEO of FortisAlberta," said Roger Thomas, Chair of the Board of Directors at FortisAlberta." Janine has 22 years of utility industry experience, with 14 of those at FortisAlberta. Janine's financial, regulatory and leadership expertise will prove beneficial in leading the Company and its team of approximately 1,100 employees. I also want to thank Michael for his leadership over the years and wish him all the best in his retirement."

Janine has been with FortisAlberta since 2006, holding successive positions within the Company, including her appointment to Vice President and Chief Financial Officer in 2015 and most recently as Executive Vice President and Chief Financial Officer. In her recent roles she was accountable for shaping and executing FortisAlberta's financial plans and regulatory strategy. Ms. Sullivan completed a Bachelor of Commerce degree at Memorial University and received her Chartered Accountant Designation in 1995.

"The team at FortisAlberta is dedicated to delivering safe and reliable electricity service to Albertans in over 200 communities throughout the province," said Sullivan. "I am pleased to accept this new role and to lead the team through the exciting times ahead."

"On behalf of Fortis, I want to wish Michael well in his retirement," said Barry Perry, President and CEO, Fortis Inc. "Michael had a long and successful career at Central Hudson in New York State, providing leadership in rates, regulatory affairs and in his role as CEO. We are grateful he accepted a transfer to become CEO at FortisAlberta in 2018 and recognize him for his focus on operational excellence. I also want to congratulate Janine on her appointment. Janine has been with Fortis utility Newfoundland Power and FortisAlberta since 1998 and has held progressively responsible roles in finance and regulatory affairs. I am confident Janine's experience in directing the utility through regulatory and financial change will serve her well as she executes on business strategy and continued commitment to our customers."

About FortisAlberta

As owner and operator of more than 60 per cent of Alberta's total electricity distribution network, FortisAlberta's focus is delivering safe and reliable electricity to more than half a million residential, farm and business customers. The Company serves more than 240 communities with 124,000 kilometres of distribution power lines across Alberta.

SOURCE FORTISALBERTA INC

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