September 26, 2017 4:45 AM ET

Electric Utilities

Company Overview of Fortis Inc.

Executive Profile

James P. Laurito

Executive Vice President of Business Development, Fortis Inc.
AgeTotal Calculated CompensationThis person is connected to 5 Board Members in 5 organization across 12 different industries.

See Board Relationships
60C$3,250,015
As of Fiscal Year 2016

Background

Mr. James P. Laurito, also known as Jim, has been Executive Vice President of Business Development of Fortis Inc. since April 01, 2016. Mr. Laurito has been an Executive Vice President of CH Energy Group Inc since November 1, 2009 and served as an Executive Vice President of Central Hudson Gas & Electric Corp., Fortis Inc.’s first U.S. subsidiary from November 1, 2009 to December 31, 2009. He served as the Chief Executive Officer, Principal Financial Officer and Principal ...

Corporate Headquarters

Fortis Place
St. John's, Newfoundland and Labrador A1B 3T2

Canada

Phone: 709-737-2800
Fax: 709-737-5307

Board Members Memberships

Director
2009-Present
Director
2015-Present
Chairman
2016-Present
Director

Education

BS 1978
West Virginia University

Other Affiliations

Annual Compensation

SalaryC$723,672
Total Annual CompensationC$723,672

Stocks Options

Restricted Stock AwardsC$1,024,055
All Other CompensationC$485,795

Total Compensation

Total Annual Cash CompensationC$2,078,536
Total Short Term CompensationC$723,672
Other Long Term CompensationC$1,509,850
Total Calculated CompensationC$3,250,015
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Company Lookup

COMPETITOR COMPENSATION

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Compensation
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$996.5K
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Ameren Corporation
$1.0M
Neil A. Bruce OBEChief Executive Officer, President and Director
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$1.1M
Michael H. Dilger President, CEO & Non-Independent Director
Pembina Pipeline Corporation
$779.2K
Mayo M. Schmidt B.B.A.Chief Executive Officer, President and Director
Hydro One Limited
$850.0K
Compensation as of Fiscal Year 2016.

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