BNET Industries
Last Fiscal Year Sales:$114.3B
- Public
- NL
Dow Jones Description
Fortify your investment! Fortis N.V (Euronet Ams: FORA) founded in 1990, provides banking, insurance and investment management services .With a revenue of $83 billion, it is one of the twenty largest financial institutions in Europe. Based in Utrecht, it employs 57,000 people. Its operations include network, commercial, and merchant banking; and its insurance products include life, health, and property/casualty lines and others. It has a presence in 44 countries and has a market capitalisation of EUR 39 billion. The company was rated number six in the top-50 best-performing European enterprises in the June 2005 issue of Business Week
Number of Employees 57,088
Peer Companies
NAICS Code Trust, Fiduciary, and Custody Activities: 523991
News & Analysis
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fortis inc. and fortis n.v. - All News and Analysis
Fortis Earns Record $193 Million in 2007
- 2008-02-07
Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) realized net earnings applicable to common shares of $193 million in 2007, 31 per cent higher than earnings of $147 million in 2006. Earnings per common share were $1.40 compared to $1.42 last year. "Fortis has delivered record earnings for...
Fortis Inc. Receives BCUC Approval to Acquire Terasen
- 2007-05-01
The British Columbia Utilities Commission ("BCUC") has approved the acquisition of all the issued and outstanding shares of Terasen Inc. ("Terasen") by Fortis Inc. (TSX: FTS). On February 26, 2007, Fortis Inc. entered into an agreement to acquire Terasen from a wholly owned subsidiary of Kinder Morgan, Inc. (NYSE:...
Media Advisory: Fortis Inc. Annual Meeting of Shareholders
- 2007-05-01
Fortis Inc. (TSX: FTS) will hold its Annual Meeting of Shareholders on Tuesday, May 8, 2007 at 10:30 a.m. Newfoundland time, 9:00 a.m. EDT, at the Delta St. John's Hotel and Conference Centre, 120 New Gower Street, St. John's, NL. The presentation that will be given during the meeting...
Fortis Inc. Receives BCUC Approval to Acquire Terasen.
- 2007-05-01
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, May 1, 2007 CCNMatthews via COMTEX -- The British Columbia Utilities Commission ("BCUC") has approved the acquisition of all the issued and outstanding shares of Terasen Inc. ("Terasen") by Fortis Inc. (TSX:FTS). On February 26, 2007, Fortis Inc....
Fortis Achieves Record Earnings of $147.2 Million in 2006
- 2007-02-08
Fortis Inc. (TSX: FTS) "For the seventh consecutive year, Fortis has delivered record earnings to shareholders. Significant capital investments in electrical infrastructure, growth from acquisitions and lower corporate taxes were the major drivers of performance," says Stan Marshall, President and Chief Executive Officer, Fortis Inc. Fortis Inc., ("Fortis" or...
Fortis Honours Dr. Angus Bruneau with $100,000 Donation to Memorial University of Newfoundland
- 2006-05-01
Fortis (TSX:FTS) "In recognition of the contribution Dr. Angus Bruneau has made to Fortis, I am pleased to announce that Fortis has pledged a $100,000 donation to Memorial University of Newfoundland in his honour," says Stan Marshall, President and Chief Executive Officer, Fortis Inc. Dr. Bruneau retires tomorrow...
Fortis Honours Dr. Angus Bruneau with $100,000 Donation to Memorial University of Newfoundland.
- 2006-05-01
ST. JOHN'S, NEWFOUNDLAND, May 1, 2006 CCNMatthews via COMTEX -- Fortis (TSX:FTS) "In recognition of the contribution Dr. Angus Bruneau has made to Fortis, I am pleased to announce that Fortis has pledged a $100,000 donation to Memorial University of Newfoundland in his honour,"...
Fortis Inc. Announces Four-For-One Stock Split: Quarterly Common Share Cash Dividend Increases 12 Per cent
- 2005-09-28
ST. JOHN'S, Newfoundland And Labrador -- Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) today announced that its Board of Directors approved a four-for-one stock split of the Corporation's outstanding common shares (the "Common Shares"). The four-for-one stock split will take the form of a stock ...
Fortis Inc. Announces Four-For-One Stock Split: Quarterly Common Share Cash Dividend Increases 12 Per cent.
- 2005-09-28
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, Sep 28, 2005 CCNMatthews via COMTEX -- Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) today announced that its Board of Directors approved a four-for-one stock split of the Corporation's outstanding common shares (the "Common Shares"). The four-for-one stock...
Fortis Properties Acquires 3 Hotels in Western Canada.
- 2005-01-25
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, Jan 25, 2005 CCNMatthews via COMTEX Fortis Properties Corporation, a wholly owned subsidiary of Fortis Inc. (TSX:FTS), has entered into an agreement to acquire 3 hotels located in Edmonton, Calgary and Winnipeg from Greenwood Inn Ltd. based in...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alain Deschenes | CIO |
| Gilbert Mittler | CFO |
| Jean-Pierre Cardinael | CTO |
| Joop Feilzer | Chief, Institutional Relations |
| Antonio Nanez | Vice President, Global Commodity Group |
| Jos Clijsters | |
| Paul Votron | |
| Stad Rotterdam |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Annemieke Roobeek | Board of Directors |
| Baron Daniel Janssen | Board of Directors |
| Baron Philippe Bodson | Board of Directors |
| Baron Piet Van Waeyenberge | Board of Directors |
| Daniel Janssen | Board of Directors |
| Jacques Manardo | Board of Directors |
| Jan Slechte | Vice Chairman |
| Jan-Michiel Hessels | Board of Directors |
| Klaas Westdijk | Board of Directors |
| Philippe Bodson | Board of Directors |
| Piet Van Waeyenberge | Board of Directors |
| Rana Talwar | Board of Directors |
| Richard Delbridge | Board of Directors |
| Ron Sandler | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CIO | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CFO | Current |
| CaiFor, S.A. | Board of Directors | Current |
| Fortis, Inc. | Chief Financial Officer | Former |
| Fortis, Inc. | Director of Fortis Group Finance & Development and Secretary | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CTO | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Chief, Institutional Relations | Current |
| Fortis Investment Management Belgium SA | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Vice President, Global Commodity Group | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Fortis, Inc. | Former | |
| The Catholic University of America | Masters degree in applied economics | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Fortis, Inc. | CEO | Former |
| ABN AMRO Holding N.V. | Senior Executive Vice President International Consumer Banking | Former |
| Citigroup Inc. | member | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Aegon | manager for marketing | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| UCB, S.A. | Deputy Chairman | Former |
| UCB, S.A. | Board of Directors | Former |
| Harvard University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| INSEAD | MBA | Former |
| University of Illinois | Master of Science degree in Agricultural Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Deloitte Touche Tohmatsu | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Vice Chairman | Current |
| Fortis N.V. | Vice Chairman | Current |
Mr. Hessels, age 66, is the chairman of the NYSE Euronext Board of Directors. He served as chairman of the supervisory board of Euronext since its creation in September 2000 until the merger of Euronext and NYSE Group. Before that, he was a member of the supervisory board of Amsterdam Exchange since its creation in 1997. He was the chief executive officer of Royal Vendex KBB from 1990 to 2000, and served on the supervisory boards of Royal Vopak N.V. (the Netherlands ) from 1999 to 2005, Laurus N.V. (the Netherlands ) from 1998 to 2004, B&N.com Inc. from 1999 to 2003 and Schiphol Group N.V. (the Netherlands ) from 1993 to May 2006. Mr. Hessels is the chairman of Royal Philips Electronics N.V. (the Netherlands ) and SC Johnson Europlant N.V. (the Netherlands ), and deputy chairman of the supervisory board of Fortis N.V. (the Netherlands/Belgium), and serves on the boards of Euronext Amsterdam N.V. (a subsidiary of Euronext), and Heineken N.V. (the Netherlands ). Mr. Hessels also serves on the international advisory board of SC John son Corporation. In addition, he chairs the board of the Netherlands Committee for Economic Policy Analysis.
| Organization | Position | Status |
|---|---|---|
| NYSE Euronext | Chairman | Current |
| Fortis N.V. | Board of Directors | Current |
| Euronext NV | Chairman | Former |
| The London School of Economics | Master of Law | Former |
| Morgan Stanley | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| University of Utrecht | Master's degree in Law | Former |
| University of Chicago | Master's degrees in Law and Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Standard Chartered plc | Group Chief Executive | Current |
| Fortis, Inc. | Board of Directors | Current |
| Fortis N.V. | Board of Directors | Current |
| Kelley School of Business Bloomington | Member , Governing Body | Current |
| Standard Chartered plc | Group Executive Director | Former |
| Schlumberger Limited | Chairman of Sabre Capital Worldwide Inc. | Former |
| Schlumberger Limited | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| HSBC Holdings plc | Group Finance Director | Former |
| University of California, Berkeley | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Ironshore Technical Services, Inc. | Leader | Current |
| Northern Rock PLC | Non-Executive Chairman | Current |
| Computacenter plc | Chairman | Current |
| Oxygen Insurance | Chairman of Computacenter Plc | Current |
| Fortis, Inc. | Director | Current |
| Ironshore Technical Services, Inc. | Board of Directors | Current |
| Fortis N.V. | Board of Directors | Current |
| Palamon Capital Partners, LP | Chairman of Computacenter, Oxygen | Former |
| Stanford University | MBA | Former |
| Cambridge University | MA in engineering | Former |
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Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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