ITT Inc.

ITT Recognized as 3-Star Employer by VETS Indexes for Commitment to Hiring and Developing Military Community Members

Retrieved on: 
Thursday, April 25, 2024

April 25, 2024-- ITT Inc. (NYSE: ITT ) is proud to announce it has earned the designation of 3-Star Employer in the 2024 VETS Indexes Employer Awards, which evaluate employers’ policies, practices and outcomes in hiring and developing military community members.

Key Points: 
  • April 25, 2024-- ITT Inc. (NYSE: ITT ) is proud to announce it has earned the designation of 3-Star Employer in the 2024 VETS Indexes Employer Awards, which evaluate employers’ policies, practices and outcomes in hiring and developing military community members.
  • VETS Indexes is an independent provider of Environmental, Social and Governance indexes measuring the impact of organizations that support veterans and their families.
  • ITT previously held Recognized Employer status from VETS Indexes beginning in 2022.
  • “We’ve built a foundation as an employer committed to hiring military community members while constantly striving to improve the professional development we offer our veteran ITTers.”
    In 2021, ITT launched a Veteran Resource Group to better support former military members within the organization.

ITT Announces Participation in Oppenheimer’s 19th Annual Industrial Growth Conference

Retrieved on: 
Tuesday, April 16, 2024

April 16, 2024-- ITT Inc. (NYSE: ITT ) today announced its participation in Oppenheimer’s 19th Annual Industrial Growth Conference on Tuesday, May 7.

Key Points: 
  • April 16, 2024-- ITT Inc. (NYSE: ITT ) today announced its participation in Oppenheimer’s 19th Annual Industrial Growth Conference on Tuesday, May 7.
  • Chief Financial Officer Emmanuel Caprais will present virtually from 11:15-11:50 a.m.
  • A live audio webcast of the presentation can be accessed at http://investors.itt.com , where related materials will be posted prior to the presentation.
  • A replay of the presentation will be available for 30 days.

ITT to Release First Quarter 2024 Results on Thursday, May 2

Retrieved on: 
Thursday, April 11, 2024

April 11, 2024-- ITT Inc. (NYSE: ITT ) will release its first quarter 2024 financial results before the opening of the New York Stock Exchange on Thursday, May 2.

Key Points: 
  • April 11, 2024-- ITT Inc. (NYSE: ITT ) will release its first quarter 2024 financial results before the opening of the New York Stock Exchange on Thursday, May 2.
  • The company will hold a conference call at 8:30 a.m.
  • ET on May 2 to discuss its first quarter performance.
  • A real-time audio webcast of the presentation will also be available at https://investors.itt.com , where related materials will be available prior to the presentation.

Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation

Retrieved on: 
Thursday, April 4, 2024

Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.

Key Points: 
  • Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.
  • Simultaneously, the market-driven decarbonization of transportation – representing as much as one quarter of global GHG emissions – is at an inflection point.
  • Maniv’s third fund is backed by institutional capital, high-net-worth individuals, and a consortium of industry leaders at the forefront of the transportation sector.
  • “Our third fund builds on two decades in the trenches of the global mobility ecosystem,” said Michael Granoff, the firm’s Managing Partner.

ITT Nominates Christopher O’Shea for Election to Board of Directors

Retrieved on: 
Tuesday, April 2, 2024

April 2, 2024-- ITT Inc. (NYSE: ITT ) today announced the nomination of Christopher O’Shea for election to its Board of Directors at the company’s upcoming 2024 annual meeting of shareholders.

Key Points: 
  • April 2, 2024-- ITT Inc. (NYSE: ITT ) today announced the nomination of Christopher O’Shea for election to its Board of Directors at the company’s upcoming 2024 annual meeting of shareholders.
  • “We are honored at the prospect of having Chris join the ITT Board of Directors.
  • Mr. O’Shea’s election to the Board will be effective May 15, 2024 pending shareholder approval at the company’s 2024 annual meeting of shareholders.
  • The Board intends to appoint Mr. O’Shea to the company’s Audit Committee, effective at the time of his election.

ITT Announces ~$11 Million Investment for Expanded Pump Testing Capabilities in Germany, India and Saudi Arabia to Support Growth and Large Project Awards

Retrieved on: 
Thursday, March 21, 2024

The investments at IP facilities in Obernkirchen, Germany, Vadodara, India and Dammam, Saudi Arabia will increase ITT’s power capacity in pump, motor and control systems testing, enabling the company to locally test larger, more complicated pump packages.

Key Points: 
  • The investments at IP facilities in Obernkirchen, Germany, Vadodara, India and Dammam, Saudi Arabia will increase ITT’s power capacity in pump, motor and control systems testing, enabling the company to locally test larger, more complicated pump packages.
  • The investments are expected to be completed in the third quarter of 2024.
  • At ITT’s Goulds Pumps sites in Saudi Arabia and India, the investments will support future growth as part of ITT’s ‘in region, for region’ strategy.
  • “These strategic investments will further enhance our capabilities and customer experience and continue to differentiate ITT from the competition,” said Luca Savi, ITT’s Chief Executive Officer and President.

Watts Water Technologies Elects Kenneth Napolitano to Its Board of Directors

Retrieved on: 
Wednesday, March 13, 2024

Watts Water Technologies, Inc. (NYSE: WTS) today announced the election of Kenneth Napolitano as a member of the Board of Directors.

Key Points: 
  • Watts Water Technologies, Inc. (NYSE: WTS) today announced the election of Kenneth Napolitano as a member of the Board of Directors.
  • Mr. Napolitano was also appointed by the Board to serve as a member of the Governance and Sustainability Committee of the Board of Directors.
  • Xylem is a global designer, manufacturer and equipment and service provider for water and wastewater applications which spun off from ITT Corporation in 2011.
  • Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications.

ITT Announces Participation at Bank of America Global Industrials Conference 2024 on March 19

Retrieved on: 
Wednesday, March 6, 2024

March 6, 2024-- ITT Inc. (NYSE: ITT ) today announced its participation at the Bank of America Global Industrials Conference 2024 in London on March 19.

Key Points: 
  • March 6, 2024-- ITT Inc. (NYSE: ITT ) today announced its participation at the Bank of America Global Industrials Conference 2024 in London on March 19.
  • Chief Executive Officer and President Luca Savi will present from 9:05-9:45 a.m.
  • A live audio webcast of the presentation can be accessed at http://investors.itt.com , where related materials will be posted prior to the presentation.
  • Replays of the presentation will be available for 30 days.

ITT Names Michael Guhde President of Connect & Control Technologies (CCT) Business

Retrieved on: 
Monday, February 26, 2024

February 26, 2024-- ITT Inc. (NYSE: ITT ) today announced the appointment of Michael G. Guhde as president of its Connect & Control Technologies (CCT) business, reporting to Chief Executive Officer Luca Savi.

Key Points: 
  • February 26, 2024-- ITT Inc. (NYSE: ITT ) today announced the appointment of Michael G. Guhde as president of its Connect & Control Technologies (CCT) business, reporting to Chief Executive Officer Luca Savi.
  • Guhde joins ITT from Illinois Tool Works (NYSE: ITW), where he led a large, global business serving the automotive industry through the development and manufacture of highly engineered components.
  • In this role, he oversaw several business improvements that led to consistent, sustainable advancements in customer satisfaction while driving significant profitability increases.
  • “We are excited to begin the next chapter of growth and profitability at CCT with Michael on board.”

ITT Announces Participation in Investor Conferences on Feb. 22

Retrieved on: 
Wednesday, February 7, 2024

ITT Inc. (NYSE: ITT ) today announced its participation in two investor conferences on Feb. 22, 2024.

Key Points: 
  • ITT Inc. (NYSE: ITT ) today announced its participation in two investor conferences on Feb. 22, 2024.
  • ET on Thursday, Feb. 22.
  • Additionally on Feb. 22, Savi and Caprais will present virtually from 12:15 – 12:50 p.m.
  • A live audio webcast of both presentations can be accessed at http://investors.itt.com , where related materials will be posted prior to the presentations.