ITT Inc.

Comtech Names Industry Veteran Donald Walther as Chief Legal Officer

Retrieved on: 
Wednesday, April 12, 2023

As a trusted advisor, Walther brings nearly three decades of legal expertise to his position as Comtech’s CLO.

Key Points: 
  • As a trusted advisor, Walther brings nearly three decades of legal expertise to his position as Comtech’s CLO.
  • In his most recent position, Walther served as CLO and Corporate Secretary at Robotic Research, a global leader in autonomous driving technology.
  • Previously, Walther served as General Counsel for API Technologies Corp., TopBuildCorp., and Esterline Corporation where he led global organizations like Comtech through transformational change.
  • He is the recipient of multiple industry and leadership awards and is a Six Sigma Green Belt with extensive experience in Strategic Goal Deployment.

ICC To Exhibit at the 2023 Sea-Air-Space Expo Hosted by the Navy League

Retrieved on: 
Friday, March 24, 2023

The event is organized by the Navy League and is the largest maritime exposition in the United States.

Key Points: 
  • The event is organized by the Navy League and is the largest maritime exposition in the United States.
  • "ICC looks forward to exhibiting again this year at Sea-Air-Space.
  • "We are excited to welcome attendees to our booth to demonstrate our wide range of interconnect solutions and expertise."
  • Interstate Connecting Components works with customers of all sizes, supporting both original equipment and contract manufacturers in the military and commercial markets.

ITT And Continental AG Sign 10-Year Strategic Aftermarket Agreement

Retrieved on: 
Monday, March 20, 2023

March 20, 2023-- ITT Inc. (NYSE: ITT ) today announced the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to Continental AG (Continental), a leading global automotive supplier.

Key Points: 
  • March 20, 2023-- ITT Inc. (NYSE: ITT ) today announced the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to Continental AG (Continental), a leading global automotive supplier.
  • Under the agreement, ITT Friction Technologies (Friction) will provide exclusive aftermarket brake pads to Continental.
  • A brand licensing agreement allowing Continental to market and sell highly trusted brake pads from Galfer, an ITT brand.
  • Sales to Continental in 2022, including through an existing aftermarket agreement, were approximately 8% of total ITT revenue and 18% of total Motion Technologies revenue.

ITT Announces Participation at Bank of America Global Industrials Conference 2023 on March 21

Retrieved on: 
Thursday, March 2, 2023

March 2, 2023-- ITT Inc. (NYSE: ITT ) today announced its participation at the Bank of America Global Industrials Conference 2023 in London on March 21.

Key Points: 
  • March 2, 2023-- ITT Inc. (NYSE: ITT ) today announced its participation at the Bank of America Global Industrials Conference 2023 in London on March 21.
  • Chief Executive Officer and President Luca Savi and Chief Financial Officer Emmanuel Caprais will present from 9:05-9:45 a.m. Eastern Time (1:05-1:45 p.m. local time).
  • A real-time audio webcast of the presentation can be accessed two weeks prior to the event at http://investors.itt.com , where related materials will also be posted.
  • A replay of the presentation will be available for 30 days.

ITT Announces Participation in Investor Conferences on February 23

Retrieved on: 
Thursday, February 2, 2023

February 2, 2023-- ITT Inc. (NYSE: ITT ) today announced its participation in two investor conferences on February 23.

Key Points: 
  • February 2, 2023-- ITT Inc. (NYSE: ITT ) today announced its participation in two investor conferences on February 23.
  • Chief Executive Officer and President Luca Savi and Chief Financial Officer Emmanuel Caprais will present from 8:50-9:30 a.m. Eastern Time at Citibank’s Global Industrial Tech and Mobility Conference in Miami.
  • Additionally on February 23, Savi and Caprais will present virtually from 12:30-1 p.m. Eastern Time at the 33rd Annual Gabelli Pump, Valve & Water Systems Symposium, which will be held in New York.
  • 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.

JEMB Realty Selects NYI to Re-establish 75 Broad as NYC Interconnection Hub

Retrieved on: 
Thursday, January 26, 2023

NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- JEMB Realty is excited to announce a strategic partnership with NYI focused on re-establishing 75 Broad Street as an interconnection hub.

Key Points: 
  • NEW YORK, Jan. 26, 2023 (GLOBE NEWSWIRE) -- JEMB Realty is excited to announce a strategic partnership with NYI focused on re-establishing 75 Broad Street as an interconnection hub.
  • The partnership will help address the growing demand for interconnection and resilience in the New York City market.
  • By offering a tenant friendly operating environment and leveraging the abundant existing telecom infrastructure, JEMB and NYI look to rebuild the carrier ecosystem and restore 75 Broad to its significant position in the city’s interconnection landscape.
  • Situated in the heart of the Financial District, the iconic 75 Broad building boasts a rich telecommunications history.

Smart Pump Market is Expected to Reach a Valuation of US$ 2,030.5 Million by 2032- Future Market Insights, Inc.

Retrieved on: 
Tuesday, August 9, 2022

NEWARK, Del., Aug. 9, 2022 /PRNewswire/ -- Global sales of smart pumps Market are set to be valued at over US$ 947.6 Mn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at a 7.9% CAGR over the forecast period of 2022 to 2032.

Key Points: 
  • China is expected to account for 66% of the East Asia smart pump market share over the forecast period.
  • By 2032, it is expected to account for more than 30% of the South Asia smart pump market share.
  • Besides this, rising focus on smart water and wastewater systems, and increasing power generation capacities worldwide, are estimated to create opportunities in the smart pump market.
  • The smart pump market is consolidated with key players accounting 70-75% of the global market share.

MEC Announces Appointment of Jag A. Reddy as President & CEO

Retrieved on: 
Wednesday, July 20, 2022

We are thrilled to welcome Jag to the MEC team, said Tim Christen.

Key Points: 
  • We are thrilled to welcome Jag to the MEC team, said Tim Christen.
  • "I am honored to join MEC as President and CEO, said Jag Reddy.
  • Before joining W.R. Grace, Mr. Reddy served as Vice President and General Manager, Water Technologies Strategic Business Unit, and Vice President, Corporate Strategy at Pentair PLC.
  • To facilitate a smooth leadership transition, retired Chairman, President and CEO, Bob Kamphuis, will remain in a consultative capacity through September 30,2022.

Watts Water Technologies Appoints Chief Operating Officer

Retrieved on: 
Tuesday, July 19, 2022

Watts Water Technologies, Inc. (NYSE: WTS) today announced that Andre Dhawan will join the Company as Chief Operating Officer on August 15, 2022.

Key Points: 
  • Watts Water Technologies, Inc. (NYSE: WTS) today announced that Andre Dhawan will join the Company as Chief Operating Officer on August 15, 2022.
  • Mr. Dhawan is replacing Munish Nanda, President of Americas & Europe, who previously announced that he plans to retire from Watts.
  • Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world.
  • Its subsidiaries and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential and industrial applications.

Zimmer Biomet Announces Appointment of New Chief Accounting Officer

Retrieved on: 
Monday, May 16, 2022

WARSAW, Ind., May 16, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced the appointment of Paul Stellato as Vice President, Controller and Chief Accounting Officer.  Prior to joining Zimmer Biomet, Mr. Stellato served as Vice President, Finance, Global Business Services at Xylem Inc.

Key Points: 
  • Paul Stellato Joins Zimmer Biomet as Vice President, Controller and Chief Accounting Officer
    WARSAW, Ind., May 16, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced the appointment of Paul Stellato as Vice President, Controller and Chief Accounting Officer.
  • Prior to joining Zimmer Biomet, Mr. Stellato served as Vice President, Finance, Global Business Services at Xylem Inc.
    "With more than two decades of experience and a demonstrated track record of success in all areas of financial services, Paul will be a great addition to our leadership team in his new role," said Suky Upadhyay, Executive Vice President and Chief Financial Officer of Zimmer Biomet.
  • Prior to his most recent role at Xylem Inc., Mr. Stellato served as the company's Vice President, Controller and Chief Accounting Officer and as Vice President Finance, Financial Planning and Analysis.
  • Mr. Stellato spent the early part of his career in public accounting with both Andersen and Ernst & Young.