Novi, Mich., USA - May 22, 2014, Novi, Mich., USA - ITC Holdings Corp., an electric transmission company, announced that Cameron M. Bready, executive vice president and CFO, will resign from the company, effective June 20, 2014.
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Mr. Bready is Executive Vice President and Chief Financial Officer for ITC Holdings Corp.
Prior to joining ITC, Mr. Bready served as Vice President of Finance at Northeast Utilities in Hartford, Conn., where he was responsible for the financial assessment and structuring of the company's FERC-regulated transmission and state-regulated distribution infrastructure investments in the Northeast.
Mr. Bready held various senior management positions at Mirant Corporation, a large wholesale electricity generator based in Atlanta, Georgia, before joining Northeast Utilities.
Earlier in his career, he was a senior manager in the Transaction Advisory practice at Ernst & Young and an audit manager for Arthur Anderson.
Mr. Bready earned a bachelor's degree in Business Administration from Oglethorpe University in Atlanta and is a Certified Public Accountant. He serves on the EEI Financial Executive Advisory Committee.
Rejji P. Hayes, the current vice president of Finance and Treasurer of ITC, has been named the company's interim CFO.
Prior to his current position, Mr. Hayes served as 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 is an Alumni Trustee of the Phillips Andover Academy.
He previously served on the Boards of The University of Illinois at Chicago's College of Liberal Arts and Sciences and the McGaw YMCA prior to relocating to Michigan. ■