By Stephen Nakrosis

Energy company Fortis Inc. said its board of directors reached gender parity, following its annual meeting of shareholders which was held Thursday.

Doug Haughey, the company's chair, said "With the election of all nominated directors today, our board has reached gender parity." He added "This is an important milestone in our diversity and inclusion journey as we continue our progress toward ensuring our Board, management team and workforce reflect the communities we serve."

Fortis said in addition to the having women represent 50% of its board, "42% of executives at head office and 60% of Fortis utilities have either a female CEO or board chair."

Fortis also said shareholders approved a non-binding advisory vote regarding its approach to executive compensation.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

05-06-21 1537ET