Leadership Transition at ITC Holdings Corp. as CEO Retires
Novi, Mich. - The Board of Directors of ITC Holdings Corp. recently made a significant announcement regarding leadership changes within the company. Sandra Pierce, the Chair, confirmed the retirement of Linda Apsey, who will step down as CEO and from the Board of Directors as of March 22, 2026. This change marks the conclusion of a remarkable tenure for Apsey, who has been a pivotal figure in the company since its inception.
Krista Tanner Takes the Helm at ITC Holdings Corp.
Krista Tanner has been appointed to succeed Apsey as President and CEO, effective March 23, 2026. Tanner's extensive experience in the energy sector makes her well-suited to guide the company forward. Before her appointment, she served as President of ITC, overseeing the company's operations and strategic initiatives.
Legacy of Leadership and Innovation at ITC
Linda Apsey's legacy at ITC is characterized by significant achievements and substantial contributions to the energy landscape. Having been part of ITC's leadership team since the company's early days, Apsey has been instrumental in executing ambitious capital plans, enhancing the reliability of energy transmission, and promoting a culture of safety and excellence.
In her own words, Apsey expressed gratitude for her time at ITC stating, "As I conclude my time as CEO, I do so with profound gratitude and enduring pride. It has been my privilege to work with a talented team that is dedicated to serving our communities effectively. I believe Krista is well-equipped to lead ITC into its next chapter with resilience and innovation."
Krista Tanner's Vision for the Future
Tanner will bring a fresh perspective to the leadership role. Having joined ITC in 2014 as President of ITC Midwest, she has held key positions that provided her with insights into the company's operational dynamics. Under her leadership, the organization plans to address evolving market demands while focusing on strengthening the grid and enhancing value for stakeholders.
Tanner stated, "I am excited to lead ITC during this transformative period. The energy industry is rapidly changing, presenting us with unique challenges and opportunities. Together, we will strive for excellence in service delivery and reliability, ensuring we meet the needs of our customers and the communities we serve."
Community Impact and Future Directions
The announcement comes at a time when ITC is focused on expanding its infrastructure and improving the reliability of energy transmission across multiple regions. The company’s strategic initiatives are designed to facilitate the integration of new energy resources and to create a more interconnected grid, ultimately lowering costs and enhancing service delivery.
David Hutchens, President and CEO of Fortis Inc., voiced his respect for Apsey's contributions, noting, "Linda's leadership has fundamentally strengthened ITC's market position as a leader in transmission services. As Krista steps into this role, I am confident her leadership will drive our vision forward, meeting the evolving demands of our industry."
About ITC Holdings Corp.
ITC Holdings Corp. stands as the largest independent electricity transmission company in the United States. It plays a vital role in ensuring reliable electricity transmission, expanding market access, and accommodating new generating resources. The company operates through several regulated subsidiaries, including ITC Transmission, Michigan Electric Transmission Company, ITC Midwest, and ITC Great Plains, serving a combined peak load that exceeds 23,000 megawatt hours along an extensive network of transmission lines.
ITC is committed to advancing safe and efficient grid solutions for diverse energy needs. With its headquarters in Novi, Michigan, the company prides itself on fostering innovation to meet the dynamically changing landscape of the energy industry. As a subsidiary of Fortis Inc., ITC continues to leverage collective expertise to serve its customers better and enhance community engagements.
Frequently Asked Questions
What led to Linda Apsey's retirement from ITC Holdings Corp.?
Linda Apsey decided to retire from her role as CEO after an impressive tenure that began with her leadership since 2016 and a notable impact on the company's growth.
Who will succeed Linda Apsey as CEO of ITC?
Krista Tanner has been appointed as the new President and CEO of ITC Holdings Corp., effective March 23, 2026.
What accomplishments did Linda Apsey achieve during her leadership?
Under her guidance, ITC expanded its transmission infrastructure, enhanced reliability, and showcased industry-leading safety performance, all while fostering growth.
What is Krista Tanner's background in the energy sector?
Krista Tanner joined ITC in 2014 and has held various positions, including President of ITC Midwest. Her experience encompasses operational and strategic roles.
How does ITC Holdings Corp. plan to address future energy challenges?
ITC is focused on strengthening the grid, integrating new technologies, and ensuring reliable service delivery amid evolving energy demands and market conditions.
