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Caribbean Utilities Company, Ltd. Announces Change to the Board of Directors
Caribbean Utilities Company, Ltd. Announces Change to the Board of Directors Canad...
About this update from Caribbean Utilities Co. Ltd. Class A
[{"type":"text","content":"\n\n\n\nCaribbean Utilities Company, Ltd. Announces Change to the Board of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nGRAND CAYMAN, Cayman Islands, May 24, 2019\n\n\n\nGRAND CAYMAN, Cayman Islands, May 24, 2019 /CNW/ - Caribbean Utilities Company, Ltd. (TSX: CUP.U) (\"CUC\" or the \"Company\") announces the resignation of Mr. Alphonsus Delaney as Director of CUC, following his retirement from Fortis Inc, and the appointment of Mr. R. Scott Hawkes to the Board of Directors of the CUC.  \nMr. Hawkes, who currently holds the position of President and Chief Executive Officer of Fortis Ontario, has many years of leadership experience in electric utility operations and the governance of publicly traded companies.  Mr. Hawkes previously served as Corporate Secretary at CUC and Vice President, Corporate Services, General Counsel & Corporate Secretary at Fortis Ontario before rising to his current position as CEO. \nRichard Hew, President and CEO, stated \"We thank Mr. Delaney for his service to the Company and wish him well in his future endeavours.  We are pleased to welcome Mr. Hawkes as a new Director as he brings a wealth of knowledge and experience to the deliberations of our Board.\"\nCUC provides electricity to Grand Cayman, Cayman Islands, under an Electricity Generation Licence expiring in 2039 and an exclusive Electricity Transmission and Distribution Licence expiring in 2028.  Further information is available at www.cuc-cayman.com.\nCaribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange under the trading symbol \"CUP.U\".\nCaribbean Utilities Company, Ltd. (\"CUC\" or the \"Company\"), on occasion, includes forward-looking statements in its media releases, Canadian securities regulatory authorities filings, shareholder reports and other communications. Forward-looking statements include statements that are predictive in nature, depend upon future events or conditions, or include words such as \"expects\", \"anticipates\", \"plan\", \"believes\", \"est...