CTC Global Expands Board of Directors With Industry Veterans Miranda Ballentine and Jim Laurito
2024年7月18日 - 7:00PM
ビジネスワイヤ(英語)
CTC Global is pleased to announce the expansion of its Board of
Directors with the addition of two distinguished industry veterans,
Ms. Miranda Ballentine and Mr. Jim Laurito.
Ms. Miranda Ballentine, a proven leader in clean energy and
sustainability, brings a wealth of experience from roles including
CEO of Clean Energy Buyers Association (CEBA) and former Assistant
Secretary of the Air Force (Installations, Environment, &
Energy), among others. Recognized for remarkable leadership in the
TIME100 Climate list of Most Influential Climate Leaders in
Business, as an operator, Ms. Ballentine oversaw $9 Billion energy
budgets, $4.5 Billion infrastructure budgets, and has been
responsible for $17 Million P&Ls. Ballentine was recently
appointed by the Secretary of Energy, Hon. Jennifer Granholm, to be
a member of the inaugural board of directors for the
Congressionally authorized Foundation for Energy Security &
Innovation, where she currently serves as the Board Chair. With a
passion for fostering diverse leadership and advancing clean energy
solutions, Ms. Ballentine continues to make profound impacts on
national security, economic prosperity, and climate action while
bringing a strong aptitude for building culture, teams, and
people.
Mr. James Laurito brings over 25 years of extensive experience
in the U.S. gas and electric utility sectors. His career highlights
include senior leadership roles at Fortis, notably as Executive
Vice President of Business Development and as President and CEO of
Fortis’ Central Hudson Gas & Electric subsidiary. He also held
significant positions as President & CEO of New York State
Electric & Gas and Rochester Gas & Electric, both
subsidiaries of Iberdrola & Energy East. Mr. Laurito's
contributions extend to serving as a former Director of the Edison
Electric Institute. Currently, Mr. Laurito serves on the board of
ITC, a prominent independent transmission asset developer, owner,
and operator. He is also a Director of the Bowman Consulting Group,
where he chairs the Compensation Committee, and serves as a Trustee
of the American Gas Foundation, having previously chaired the
organization. Additionally, Mr. Laurito holds director roles at
Stone Mountain Technologies, Inc. and serves as an Operating
Partner at Energy Impact Partners, LP. Mr. Laurito frequently
addresses energy transition issues in speaking engagements across
the United States.
CTC Global’s CEO, Mr. J.D. Sitton, said “My colleagues and I are
very excited to work with Miranda and Jim. Together they bring a
wealth of insight, creativity and experience to CTC’s board and
their involvement comes at a critical time for the company and the
industry. CTC’s utility customers are grappling with massive
changes resulting from accelerated electrification and broader and
deeper reliance on renewable power. These are challenges that are
familiar to Jim and Miranda, and I know they will help ensure CTC
is well positioned to be a great partner to its customers.”
Mr. Leland Jones, CTC Global’s board member added “We are
thrilled to welcome Miranda Ballentine and Jim Laurito to CTC’s
Board of Directors. Their exceptional leadership and deep industry
expertise will fortify our strategic initiatives as we navigate the
evolving landscape of grid modernization and the global energy
transformation.”
About CTC Global:
CTC Global is the world’s leading developer and manufacturer of
carbon fiber composite cores used in Advanced Overhead Conductors.
The Company’s patented ACCC® Conductor has been selected and vetted
by more than 300 utility and industrial customers through extensive
testing and the installation of more than 180,000 km of ACCC®
Conductor in over 65 countries to improve the efficiency, capacity,
reliability, and resilience of their electric power grids. The
ACCC® Conductor’s numerous attributes make it ideally suited for
quickly and cost effectively doubling the capacity (2X) of existing
transmission lines via reconductoring - and reducing capital and
operating costs for new lines. ACCC® Conductors have been chosen
for well over 1,300 projects and are credited for reducing line
losses by 25 to 40% or more to reduce fuel consumption and
associated GHG / CO2 emissions while also freeing up generation
capacity otherwise wasted. To date, it is estimated that the use of
ACCC® Conductors has reduced CO2 emissions by over 30 million
metric tons. CTC Global operates five core manufacturing facilities
which support more than 35 authorized ACCC® Conductor manufacturing
partners, worldwide. CTC Global is headquartered in Irvine,
California. For more information, visit www.ctcglobal.com.
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CTC Global Tyler Dalton +1 (949) 428-8500
tdalton@ctcglobal.com