Emera Announces the Planned Retirement of Nancy Tower in Mid-2021

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX: EMA) today announced the planned retirement of Nancy Tower, current President and CEO of Tampa Electric in mid-2021.

“Nancy has had an impressive career at Emera and she has been a key part of Emera’s growth story,” says Scott Balfour, President and CEO of Emera Inc. “Tampa Electric is a growing and dynamic utility that we believe will attract the highest caliber candidates both internally and externally. The successful candidate will work with the strong leadership team to continue to advance Tampa Electric’s strategy, as the utility works to deliver cleaner, affordable and reliable energy to its customers.”

Nancy will continue to lead Tampa Electric until her retirement. A rigorous recruitment process focused on both internal and external candidates will begin this fall, allowing for a smooth transition process.

About Emera
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution 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’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional Information can be accessed at www.emera.com or at www.sedar.com.

About Tampa Electric
Tampa Electric, one of Florida’s largest investor-owned electric utilities, serves about 780,000 customers in West Central Florida. Tampa Electric is a subsidiary of Emera Inc., a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, Canada.