NOVI, Mich., May 25, 2016 /PRNewswire/ -- ITC Holdings
Corp. (NYSE: ITC) announced today that Rejji P. Hayes has been promoted to executive vice
president and chief financial officer for ITC Holdings Corp.
Mr. Hayes continues to be
responsible for the company's accounting, internal audit, investor
relations, treasury, financial planning and analysis, management
reporting, mergers and acquisitions, risk management, and tax
functions of the company.
Before joining ITC as vice president, Finance and Treasurer in
2012, Mr. Hayes was assistant
treasurer and director, Corporate Finance and Financial Strategy at
Exelon Corporation in Chicago,
where he was responsible for developing the company's financial
strategy and planning, structuring and executing all debt and
equity financings. He also served as vice president, Mergers and
Acquisitions at Lazard Freres & Co. LLC where he provided
strategic and corporate finance advisory services for corporate
clients and private equity firms. Previously, Mr. Hayes served in a variety of financial
leadership roles with financial institutions and investment banks.
He serves on the board of the Cranbrook Institute of Science and
previously served on the boards of Phillips Andover Academy and The
University of Illinois at Chicago's
College of Liberal Arts and Sciences.
Mr. Hayes holds a Master of
Business Administration from Harvard Business
School and a bachelor's degree from Amherst College.
About ITC
ITC Holdings Corp. (NYSE: ITC) is the
nation's largest independent electric transmission company. Based
in Novi, Michigan, ITC invests in
the electric transmission grid to improve reliability, expand
access to markets, lower the overall cost of delivered energy and
allow new generating resources to interconnect to its transmission
systems. Through its regulated operating subsidiaries
ITCTransmission, Michigan Electric Transmission Company, ITC
Midwest and ITC Great Plains, ITC 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 approximately 15,700 circuit miles
of transmission line. ITC's grid development focus includes growth
through regulated infrastructure investment as well as domestic and
international expansion through merchant and other commercial
development opportunities. Additional information can be accessed
at www.itc-holdings.com or www.edgar.com. (ITC-itc-F)
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SOURCE ITC Holdings Corp.