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Last $33.90 USD
Change Today +0.16 / 0.47%
Volume 1.2M
ITC On Other Exchanges
Symbol
Exchange
New York
As of 4:01 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Joseph L. Welch

Founder, Chairman, Chief Executive Officer and President, ITC Holdings Corp.
AgeTotal Calculated CompensationThis person is connected to 8 board members in 3 different organizations across 4 different industries.

See Board Relationships
66$16,355,598
As of Fiscal Year 2014

Background*

Mr. Joseph L. Welch is the Founder of ITC Holdings Corp. of Michigan Electric Transmission Company, LLC. Mr. Welch is the Founder and has been its Chairman, Chief Executive Officer and President at ITC Holdings Corp. since 2003. He has been the Chairman of Michigan Electric Transmission Company, LLC since May 2008 and has been its Chief Executive Officer and President since 2003. Mr. Welch serves as the Chief Executive Officer of ITC Grid Development LLC. He founded ...

Read Full Background

Corporate Headquarters*

27175 Energy Way
Novi, Michigan 48377

United States

Phone: 248-946-3000
Fax: --

Board Members Memberships*

Founder, Chairman, Chief Executive Officer and President
2003-Present
Founder, Chairman, Chief Executive Officer and President

Education*

BS
University of Kansas
Unknown/Other Education 1966
Antioch College
MBA 1966
Antioch College

Other Affiliations*

Annual Compensation*

Salary$1,012,182
Bonus$2,314,262
Total Annual Compensation$3,326,444

Stock Options*

Restricted Stock Awards$1,862,578
All Other Compensation$375,715
Exercisable Options1,474,404
Exercisable Options Value$42,329,017
Unexercisable Options210,403
Unexercisable Options Value$1,972,499
Total Value of Options$44,301,516
Total Number of Options1,684,807

Total Compensation*

Total Annual Cash Compensation$5,173,297
Total Short Term Compensation$3,326,444
Other Long Term Compensation$2,238,293
Total Calculated Compensation$16,355,598
*Data is at least as current as the most recent Definitive Proxy.
 

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Market data is delayed at least 15 minutes.

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ITC:US $33.90 USD +0.16

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
James T. McManus IIChairman, Chief Executive Officer, President, Chairman of Energen Resources Corporation, Chairman of Alabama Gas Corporation, Chief Executive Officer of Energen Resources Corporation and Chief Executive Officer of Alabama Gas Corporation
Energen Corp.
$1.1M
Bruce A. Williamson Chairman, Chief Executive Officer, President and Member of Executive Committee
Cleco Corporation
$743.8K
Ronald J. Tanski Chief Executive Officer, President, Director and Member of Executive Committee
National Fuel Gas Company
$845.6K
R. Sean Trauschke Chief Executive Officer, President and Director
OGE Energy Corp.
$575.0K
Ronald W. Jibson Chairman, Chief Executive Officer, President, Chairman of Questar Gas, Chief Executive Officer of Questar Gas Company, Chief Executive Officer of Wexpro, President of Questar Gas Company and President of Wexpro
Questar Corporation
$795.4K
Compensation as of Fiscal Year 2014.

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