ITT Announces President of Control Technologies Business

ITT Corporation (NYSE:ITT) today announced it has appointed Farrokh Batliwala as president of its Control Technologies business, reporting to Denise Ramos, ITT’s chief executive officer and president.

In this role, Batliwala will be responsible for delivering the strategic and operating plans of ITT’s Control Technologies business, which employs approximately 1,100 people globally and had 2014 revenues of approximately $290 million. The business designs and manufactures products including fuel management, actuation, and noise and energy absorption components for the aerospace and industrial markets, as well as aerospace environmental control system components.

Batliwala joins ITT from Eaton Corporation where he progressed through a number of increasingly responsible leadership positions. Most recently Vice President and General Manager for the Power and Motion Control Division – Hydraulics Group, he also served as Director of Operations for Power and Motion Control and Director of Business Development, Strategy and Pricing, in addition to other operational and marketing roles. He previously held business and manufacturing leadership positions at Pratt and Whitney / United Technologies Corporation.

“Farrokh is a strong global leader with an impressive track record,” Ramos said. “His experience in the areas of innovation and new product development, business development and strategy, operational process improvement and people leadership will be a strong strategic fit with ITT and help us grow this business globally and create additional value for customers and shareowners.”

In this role, Batliwala also will serve as a member of the ITT Corporation Leadership Team and as an officer of ITT.

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial 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. Founded in 1920, ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2014 revenues of $2.7 billion. For more information, visit www.itt.com.

Contacts:

ITT Corporation
Investors:
Melissa Trombetta, +1 914-641-2030
melissa.trombetta@itt.com
or
Media:
Kathleen Bark, +1 914-641-2103
kathleen.bark@itt.com

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