HR Notices From August 23
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ITC Holdings Appoints Three To Board: ITC Holdings Corp. (NYSE: ITC), the Novi electric grid owner and manager, has appointed former U.S. Congressman J.C. Watts, Jr., former South Dakota Gov. M. Michael Rounds and public utility executive Christopher H. Franklin to its board of directors as independent board members, effective Aug. 17. These appointments expand ITC’s board of directors from seven to ten members. Watts is chairman of the J.C. Watts Companies, a private investment firm, and Watts Partners, which provides consulting and advocacy services. Watts served in the U.S. House of Representatives from 1995 through 2002 as a Republican representing the 4th congressional district in central and southwest Oklahoma. Rounds is president and chief executive officer of Fischer, Rounds & Associates, an insurance and real estate business in South Dakota. As governor of South Dakota from 2003 to 2011, Rounds launched several initiatives designed to attract and expand businesses, create jobs and advance higher education in South Dakota. Franklin is regional president, Southern & Midwestern States and senior vice president of corporate and public affairs, Aqua America, Inc. (NYSE: WTR), a water and wastewater utility holding company. Franklin has served in a variety of operations, customer service and public affairs positions since joining Aqua America in 1993. Previously, he served as regional civic and economic development officer for Peco Energy (Exelon). The terms for these new directors will be in effect until the company’s 2012 shareholder meeting, when they will stand for re-election. ITC Holdings is the nation’s largest 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. ITC’s regulated operating subsidiaries include ITCTransmission, Michigan Electric Transmission Co., ITC Midwest and ITC Great Plains. Through these subsidiaries, ITC owns and operates high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri and Kansas, serving a combined peak load exceeding 25,000 megawatts along 15,000 circuit miles of transmission line. Through ITC Grid Development and its subsidiaries, the company also focuses on expansion in areas where significant transmission system improvements are needed. For more information, visit http://www.itc-holdings.com.