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ITC > SEC Filings for ITC > Form 8-K on 21-May-2014All Recent SEC Filings

Show all filings for ITC HOLDINGS CORP.



Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 20, 2014, Cameron M. Bready, Executive Vice President and Chief Financial Officer of ITC Holdings Corp. (the "Company"), delivered to the Company his resignation from all positions he holds with the Company and its subsidiaries, effective June 20, 2014, in order to accept a senior leadership position with another company.

On May 21, 2014, the Board of Directors appointed the Company's Vice President, Finance and Treasurer, Rejji P. Hayes, to serve as Vice President, Treasurer and interim Chief Financial Officer upon Mr. Bready's departure from the Company. Mr. Hayes, age 39, has served in his current position with the Company since February 2012. Prior to joining the Company, Mr. Hayes served from 2009 until 2012 as Assistant Treasurer and Director, Corporate Finance and Financial Strategy at Exelon Corporation in Chicago, Illinois, where he was responsible for developing the company's financial strategy, and planning, structuring and executing all debt and equity financings. Prior to his employment with Exelon Corporation, Mr. Hayes served from 2007 until 2009 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 for a total of 8 years in a variety of financial leadership roles with financial institutions and investment banks. Mr. Hayes holds a Master of Business Administration from Harvard Business School and a bachelor's degree from Amherst College.

A copy of the press release announcing Mr. Bready's resignation and Mr. Hayes' appointment is included as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1 Press release, dated May 21, 2014

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