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TheStreet Open House

Kristine Schmidt To Join ITC Holdings Corp. As Vice President, ITC Holdings Corp. And President, ITC Great Plains

Stock quotes in this article: ITC

NOVI, Mich., Sept. 10, 2012 /PRNewswire/ -- ITC Holdings Corp. (ITC) today announced that Kristine Schmidt will join the company on Sept 24 as vice president, ITC Holdings Corp., and president of ITC Great Plains.

In this role, Schmidt will serve as the business unit head for ITC Great Plains and will be responsible for supporting the company's development efforts in the Great Plains region.  She will be based at the Great Plains regional office in Topeka, Kansas.

" Kristine Schmidt brings more than 25 years of experience in the energy industry," said Linda Blair, executive vice president and chief business officer for ITC Holdings Corp. "Her expertise in transmission and energy policies and strategic planning will be an asset to the ITC Great Plains organization as it continues to grow."

Schmidt joins ITC from ESPY Energy Solutions, LLC, a Virginia-based energy consulting firm that she co-founded in 2009. In that role, she worked closely with energy clients to identify emerging opportunities and develop unique corporate and business development strategies. Prior to her role at ESPY, Schmidt served as director, transmission business development at Xcel Energy where she developed business plans to support new transmission expansion projects. Schmidt also previously served as technical advisor to former FERC Commissioner, Nora Brownell.

Schmidt holds a Master of Public Policy from Georgetown University, a Master of Business Administration from University of Minnesota and a Bachelor of Arts from University of Wisconsin.

About ITC Holdings Corp.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. ITC's regulated operating subsidiaries include ITC Transmission, Michigan Electric Transmission Company, 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 26,000 megawatts along approximately 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, please visit ITC's website at www.itc-holdings.com.

About ITC Great PlainsITC Great Plains, LLC is a transmission-only utility which seeks to build a more robust electric transmission system providing access to reliable, non-discriminatory, competitive and low-cost energy throughout the Southwest Power Pool region.  Based in Topeka, Kansas, ITC Great Plains holds transmission-only utility status in Kansas and Oklahoma, with authority to construct, own, operate and maintain a regulated, high-voltage transmission system.  ITC Great Plains is a subsidiary of ITC Grid Development, LLC, a wholly-owned subsidiary of ITC Holdings Corp., the nation's largest independent electric transmission company.  For more information, please visit http://www.itctransco.com.

SOURCE ITC Holdings Corp.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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