Emera Incorporated (EMA.TO)

45.81 -0.67 (-1.44%) At close: 04:00PM EDT

Emera Incorporated

5151 Terminal Road
Halifax, NS B3J 1A1
Canada
902-450-0507
https://www.emera.com

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 7,366

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Scott Carlyle Balfour	CEO, President & Director	2.48M	N/A	1964
Mr. Gregory W. Blunden F.C.A., FCPA	Chief Financial Officer	1.22M	N/A	1965
Mr. Bruce A. Marchand	Chief Risk & Sustainability Officer	1.01M	N/A	N/A
Ms. Karen E. Hutt	Executive Vice President of Business Development & Strategy	989.35k	N/A	N/A
Mr. Archibald D. Collins	President & CEO of Tampa Electric	1.45M	N/A	N/A
Mr. Dave Bezanson	Vice President of Investor Relations & Pensions	N/A	N/A	N/A
Mr. Michael R. Barrett B.Com., L.L.B., M.B.A.	Executive VP, Legal & General Counsel	N/A	N/A	N/A
Mr. R. Michael Roberts CA	Chief Human Resources Officer	N/A	N/A	N/A
Mr. Daniel P. Muldoon	Executive Vice President of Project Development & Operations Support	N/A	N/A	N/A
Mr. Chris Heck	Chief Digital Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company's electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

Corporate governance

Emera Incorporated’s ISS governance QualityScore as of 1 June 2024 is 2. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.