Itt Inc.
ITT Inc. Promotes Bartek Makowiecki to Senior Vice President, Chief Strategy Officer, and President of Industrial Process
Summary
On September 3, 2024, ITT Inc. announced the promotion of Bartek Makowiecki to Senior Vice President, Chief Strategy Officer, and President of Industrial Process, effective immediately. Makowiecki, previously Senior Vice President, Strategy and Business Development, will now lead the Industrial Process segment. His annual base salary has been increased to $600,000, with an additional annual target equity compensation of $1,350,000. He will also receive a one-time award of restricted stock units with a fair market value of $500,000.
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About Itt Inc.
ITT Inc. is a diversified engineering and manufacturing company that provides critical components and customized technology solutions across a variety of industries. Its primary function is to deliver essential products and services in markets such as transportation, industrial, and oil & gas. ITT's product offerings include pumps, valves, and monitoring equipment that are integral to fluid management and flow control systems, as well as shock absorbers and brake components for use in automotive and rail sectors. A notable feature of ITT is its emphasis on innovation and technology, delivering robust solutions that are highly regarded for their reliability and efficiency. Operating worldwide, ITT plays a significant role in enabling infrastructure development and maintenance, contributing to the productivity and safety of operations in numerous sectors. This company's broad portfolio and global reach make it a critical player in facilitating complex engineering and manufacturing solutions, underscoring its importance in the financial market as a stable, multifaceted entity.
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