ITT Announces New Board of Directors Appointment
18 1월 2024 - 6:15AM
Business Wire
Jan. 17, 2024-- ITT Inc. (NYSE: ITT) today announced the
election of Sharon Szafranski to its Board of Directors. Ms.
Szafranski currently serves as Executive Vice President of the
Welding segment at Illinois Tool Works (ITW), a Fortune 200 global
multi-industrial manufacturing leader with revenues of more than
$15 billion in 2022. Ms. Szafranski began her career at ITW in
1994.
“On behalf of the entire Board of Directors of ITT, I would like
to welcome Sharon to the ITT Board. She is an accomplished
executive with more than thirty years of manufacturing experience
and brings extensive multi-industry and global business expertise
as a sitting senior leader at ITW,” said ITT Chairman of the Board,
Timothy H. Powers. “With this appointment, we continue to execute
on our commitment to Board refreshment and evolving our
capabilities and skillsets to remain aligned with ITT’s strategic
focus. Similar to last year’s additions to the Board, Sharon also
brings broad strategy and innovation experience. We are very
pleased to add such a highly respected and accomplished leader to
ITT.”
“Sharon’s very successful tenure at ITW, where she has built and
grown multiple large industrial businesses, is a testament to her
strategic capabilities,” said ITT Chief Executive Officer and
President Luca Savi. “She has considerable experience fostering
innovation with highly engineered products, similar to the ITT
portfolio. She also shares our values of service leadership,
integrity, humility and collaboration, which are critical elements
of the ITT culture. We look forward to benefitting from her
knowledge and experience.”
The appointment of Ms. Szafranski is effective as of Jan. 17,
2024. The Board also appointed Ms. Szafranski to the Company’s
Audit Committee, effective at the time of election.
About Sharon Szafranski
Sharon Szafranski currently serves as Executive Vice President
of the Welding segment at ITW, where she has full P&L
responsibility for a ~$1.9 billion business with approximately
3,500 employees. She has spent nearly 30 years with ITW and has
held 11 different roles of increasing responsibility in the
organization, beginning as a sales trainee in 1994. ITW operates
across seven segments, including Automotive OEM, construction
products and food equipment, and is based in Glenview,
Illinois.
Ms. Szafranski holds a Bachelor of Science, Accounting from
Miami University in Oxford, Ohio.
About ITT
ITT is a diversified leading manufacturer of highly engineered
critical components and customized technology solutions for the
transportation, industrial, and energy markets. Building on its
heritage of innovation, ITT partners with its customers to deliver
enduring solutions to the key industries that underpin our modern
way of life. ITT is headquartered in Stamford, Connecticut, with
employees in more than 35 countries and sales in approximately 125
countries. For more information, visit www.itt.com.
ITT-O
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version on businesswire.com: https://www.businesswire.com/news/home/20240117760933/en/
Media: Phil Terrigno +1
914-641-2143 phil.terrigno@itt.com
Investors: Mark Macaluso +1
914-641-2064 mark.macaluso@itt.com
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