Fortis Inc. announced the retirement of Jim Laurito, Executive Vice President, Business Development, Chief Technology Officer, effective December 31, 2021 and the appointment of Stuart Lochray as Senior Vice President, Capital Markets and Business Development, effective September 8, 2021. Stuart has held progressively more responsible positions with Scotiabank, most recently serving as Managing Director and Head US Corporate and Investment Banking in Houston, Texas where he led and managed 225+ professionals throughout Corporate and Investment Banking, Equity Capital Markets and Global Business Payments. Stuart has also served as Managing Director in various other areas of investing banking with a focus on the power and utilities sector. Stuart has had a longstanding business relationship with the company, providing guidance through numerous financial transactions, mergers and acquisitions.