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Karl Smith is a retired executive who worked for over thirty years with Fortis Inc., a diversified utility holding company with operations across North America as well as the Caribbean and Central America. Fortis is traded on the Toronto and New York stock exchanges and at the time of Mr Smith’s retirement had a market capitalization of approximately $20 billion Canadian. Mr. Smith’s last role at Fortis was as EVP and Chief Financial Officer, a position that he held for four years. Prior to that Mr. Smith was CEO for two Fortis operating subsidiaries, Newfoundland Power and Fortis Alberta. He served in these capacities for approximately ten years. Mr. Smith has served as the Chairman of the Canadian Electricity Association and as Treasurer of the Western Energy Institute and is a retired member of the Chartered Professional Accountants of Newfoundland and Labrador.

Mr. Smith is a dedicated contributor to his community and currently serves on the Boards of Young Adult Cancer Canada, Junior Achievement of Newfoundland and Labrador, Team Broken Earth and Chairs the Advisory Board of the School of Business at Memorial University. Mr. Smith also serves on the Board of Clearwater Seafoods, a sustainable seafood harvesting company that trades on the Toronto Stock Exchange.