ITC Holdings Corp (NYSE:ITC)

36.76
Data as of Sep 19
 +0.16 / +0.44%
Today’s Change
29.92
Today|||52-Week Range
38.43
+15.09%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$5.7B

Company Description

ITC Holdings Corp. operates as an independent electricity transmission company. It invests in the electric transmission grid to improve system reliability, expand access to markets, lower the overall cost of delivered energy and allow new generating resources to interconnect to its transmission systems. The company's operations performed by its regulated operating subsidiaries fall into the following categories: Asset Planning, Engineering, Design and Construction, Maintenance, and Real Time Operations. The Asset Planning group uses detailed system models and load forecasts to develop its system expansion capital plans. The Engineering, Design and Construction group is responsible for design, equipment specifications, maintenance plans and project engineering for capital, operation and maintenance work. The Maintenance category develops and track preventive maintenance plans to promote safe and reliable systems. The Real Time Operations engages in the transmission system operators continuously monitor the performance of the transmission systems of its regulated operating subsidiaries, using software and communication systems to perform analysis to plan for contingencies and maintain security and reliability following any unplanned events on the system. ITC Holdings was founded in November 2002 and is headquartered in Novi, MI.

Contact Information

ITC Holdings Corp.
27175 Energy Way
Novi Michigan 48377
P:(248) 946-3000
Investor Relations:
(248) 946-3595

Employees

Shareholders

Mutual fund holders56.69%
Individual stakeholders4.19%
Other institutional38.24%

Top Executives

Joseph L. WelchChairman, President & Chief Executive Officer
Jon E. JippingChief Operating Officer & Executive Vice President
Rejji P. HayesChief Financial Officer, Treasurer & Senior VP
Ronald J. HinsleyChief Information Officer & Vice President
Linda H. BlairChief Business Officer & Executive Vice President

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