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ITC Holdings Corp. (ITC)

37.20 Up 0.08(0.22%) 4:00PM EDT
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ITC Holdings Corp.
27175 Energy Way
Novi, MI 48377
United States - Map
Phone: 248-946-3000

Index Membership:N/A
Industry:Electric Utilities
Full Time Employees:539

Business Summary 

ITC Holdings Corp., together with its subsidiaries, is engaged in the transmission of electricity in the United States. The company functions as conduit, allowing for power from generators to be transmitted to local distribution systems through its own systems or in conjunction with neighboring transmission systems. It owns and operates high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas, and Oklahoma, serving a combined peak load exceeding 26,000 megawatts along 15,000 circuit miles of transmission line. The company serves investor-owned utilities, municipalities, cooperatives, power marketers, and alternative energy suppliers. ITC Holdings Corp. was founded in 2001 and is headquartered in Novi, Michigan.

Key Statistics

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Corporate Governance 
ITC Holdings Corp.’s ISS Governance QuickScore as of Aug 1, 2014 is 8. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 3; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Joseph L. Welch , 65
Founder, Chairman, Chief Exec. Officer and Pres
Mr. Jon E. Jipping , 48
Chief Operating Officer and Exec. VP
Mr. Daniel J. Oginsky Esq., 40
Exec. VP and Gen. Counsel
Ms. Linda H. Blair , 44
Chief Bus. Officer and Exec. VP
Mr. Rejji P. Hayes ,
Chief Financial Officer, Sr. VP and Treasurer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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