President & Chief Executive Officer, Emera Inc.
Scott Balfour became President & CEO of Emera in 2018.
He joined the company as Chief Financial Officer in 2012 and became Chief Operating Officer in 2016. Since joining Emera, Scott has been instrumental in driving the company’s growth. He played a lead role in the $10.4B USD acquisition of TECO Energy in 2016 – at the time, one of Canada’s largest cross-border merger & acquisition transactions.
As CEO of Emera, Scott is leading the team in executing on the company’s long-standing strategy to safely deliver cleaner, affordable and reliable energy to customers. Under his leadership, the team continues to drive growth and create significant value for customers, shareholders and communities. In May 2021, Scott was named CEO of the Year by Atlantic Business Magazine.
After beginning his career in commercial and corporate banking, Scott spent nearly two decades in Canada’s finance and construction sectors. First as CFO, then as President, Scott led the growth of the Aecon Group from a $60 million to $2.8 billion company and one of Canada’s largest publicly traded construction firms.
Scott is a Director of several of Emera’s operating companies including being Chair of Tampa Electric and Nova Scotia Power. He is also a former Director of Martinrea International Inc. and is past Chair of the Ontario Energy Association.
He received a Bachelor of Business Administration (Honours) from Wilfrid Laurier University, and earned a Master of Business Administration from the Richard Ivey School of Business, University of Western Ontario.