Emera Appoints Scott Balfour as Chief Operating Officer
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Scott Balfour
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Emera Inc. has appointed Scott Balfour as chief operating officer (COO).
In addition to his current responsibilities for Emera’s Northeast and Caribbean operations, Balfour will now be responsible for senior executive oversight and governance of Emera’s affiliates in Florida & New Mexico. Balfourwill also provide senior executive direction to corporate functions, including HR, stakeholder relations and strategy & planning.
“Emera has undergone a significant strategic expansion and today’s announcement is a natural next step as we continue to execute our growth plan. Scott has taken on increasing levels of responsibility and has made a substantial contribution to Emera’s growth. He will bring his strategic leadership and financial acumen to the strong leadership team and governance structure already in place at our newly acquired operations in Florida and New Mexico,” said Chris Huskilson, president and CEO of Emera.
Scott Balfour joined Emera in 2012 as executive vice president & chief financial officer. In 2015, he was appointed chief operating officer, Northeast & Caribbean. He also serves as chair of the boards for Nova Scotia Power, Emera Energy, Emera Maine, Emera New Brunswick, Emera Utility Services and Grand Bahama Power. Balfour will be appointed to the local boards of Tampa Electric and New Mexico Gas in the coming weeks.
About Emera
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with approximately $28 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 percent of its adjusted earnings come from rate-regulated businesses.
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