ITT Management

Management criteria checks 2/4

ITT's CEO is Luca Savi, appointed in Aug 2018, has a tenure of 5.67 years. total yearly compensation is $9.34M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €19.44M. The average tenure of the management team and the board of directors is 3.3 years and 5.5 years respectively.

Key information

Luca Savi

Chief executive officer

US$9.3m

Total compensation

CEO salary percentage	11.6%
CEO tenure	5.7yrs
CEO ownership	0.2%
Management average tenure	3.3yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Luca Savi's remuneration changed compared to ITT's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$9m	US$1m	US$411m
Sep 30 2023	n/a	n/a	US$434m
Jul 01 2023	n/a	n/a	US$426m
Apr 01 2023	n/a	n/a	US$394m
Dec 31 2022	US$7m	US$1m	US$368m
Oct 01 2022	n/a	n/a	US$356m
Jul 02 2022	n/a	n/a	US$340m
Apr 02 2022	n/a	n/a	US$303m
Dec 31 2021	US$8m	US$997k	US$315m
Oct 02 2021	n/a	n/a	US$198m
Jul 03 2021	n/a	n/a	US$64m
Apr 03 2021	n/a	n/a	US$71m
Dec 31 2020	US$7m	US$832k	US$69m
Sep 26 2020	n/a	n/a	US$149m
Jun 27 2020	n/a	n/a	US$315m
Mar 31 2020	n/a	n/a	US$336m
Dec 31 2019	US$7m	US$900k	US$323m
Sep 30 2019	n/a	n/a	US$308m
Jun 30 2019	n/a	n/a	US$300m
Mar 31 2019	n/a	n/a	US$303m
Dec 31 2018	US$4m	US$649k	US$332m
Sep 30 2018	n/a	n/a	US$216m
Jun 30 2018	n/a	n/a	US$192m
Mar 31 2018	n/a	n/a	US$170m
Dec 31 2017	US$3m	US$540k	US$115m

Compensation vs Market: Luca's total compensation ($USD9.34M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Luca's compensation has increased by more than 20% in the past year.

CEO

Luca Savi (57 yo)

5.7yrs

Tenure

US$9,336,558

Compensation

Mr. Luca Savi serves as an Independent Director at MSA Safety Incorporated since June 24, 2021. He serves as a Director and Chief Executive officer of ITT Inc since January 1, 2019 and serves as its Presid...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Luca Savi	CEO, President & Director	5.7yrs	US$9.34m	0.19% $ 19.4m
Emmanuel Caprais	Senior VP & CFO	3.5yrs	US$3.13m	0.017% $ 1.7m
Lori Marino	Senior VP	1.3yrs	US$2.41m	0.0015% $ 150.0k
Davide Barbon	Senior VP and President of Motion Technologies & Asia Pacific	3.5yrs	US$2.97m	0.013% $ 1.3m
Bartek Makowiecki	Senior Vice President of Strategy & Business Development	2.6yrs	US$1.91m	0.0029% $ 287.9k
Cheryl De Mesa Graziano	VP & Chief Accounting Officer	1.4yrs	no data	0.00084% $ 84.6k
Mark Macaluso	Vice President of Investor Relations & Global Communications	3.3yrs	no data	no data
Maurine Lembesis	Chief Human Resources Officer & Senior VP	5.3yrs	no data	0.018% $ 1.9m
Fernando Roland	Senior VP & President of Industrial Process (IP) Business	less than a year	no data	no data
Michael Guhde	Senior VP and President of Its Connect & Control Technologies Business	less than a year	no data	no data
Karen LaRue	Controller & Executive Director	5.8yrs	no data	no data
Alex Sherk	Investor Relations Manager	no data	no data	no data

3.3yrs

Average Tenure

49yo

Average Age

Experienced Management: 2II's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Luca Savi	CEO, President & Director	5.3yrs	US$9.34m	0.19% $ 19.4m
Donald DeFosset	Independent Director	12.5yrs	US$255.00k	0.010% $ 1.0m
Timothy Powers	Independent Chairman of the Board	9.2yrs	US$260.00k	0.0080% $ 804.3k
Rebecca McDonald	Independent Director	10.3yrs	US$255.00k	0.0077% $ 775.1k
Cheryl Shavers	Independent Director	5.5yrs	US$240.00k	0.011% $ 1.1m
Nicholas Fanandakis	Independent Director	7.5yrs	US$240.00k	0.0097% $ 979.4k
Kevin Berryman	Independent Director	less than a year	US$160.00k	no data
Nazzic S. Keene	Independent Director	less than a year	US$160.00k	no data
Sharon Szafranski	Independent Director	less than a year	no data	no data

5.5yrs

Average Tenure

67yo

Average Age

Experienced Board: 2II's board of directors are considered experienced (5.5 years average tenure).

ITT Management

Management criteria checks 2/4

Key information

Recent management updates

ITT Inc. Announces the Appointment of Michael G. Guhde as President of Its Connect & Control Technologies Business

ITT Inc. Announces Nicholas Fanandakis Not to Stand for Re-Election as a Director

ITT Inc. Announces the Election of Sharon Szafranski to Board of Directors

ITT Inc. Announces the Retirement of Richard P. Lavin from the Board

Independent Director recently sold €942k worth of stock

Insider recently sold €180k worth of stock

Recent updates

ITT Inc. to Report Q1, 2024 Results on May 02, 2024

ITT Inc. announced that it expects to receive $11 million in funding

Upcoming dividend of US$0.32 per share

ITT Inc. Announces the Appointment of Michael G. Guhde as President of Its Connect & Control Technologies Business

Fourth quarter dividend of US$0.32 announced

Full year 2023 earnings released: EPS: US$5.00 (vs US$4.42 in FY 2022)

ITT Inc. Announces Nicholas Fanandakis Not to Stand for Re-Election as a Director

ITT Inc. Announces the Election of Sharon Szafranski to Board of Directors

ITT Inc. to Report Second Half, 2023 Results on Feb 08, 2024

ITT Inc. Announces the Retirement of Richard P. Lavin from the Board

Upcoming dividend of US$0.29 per share at 1.1% yield

Independent Director recently sold €942k worth of stock

ITT Inc. Provides Earnings Guidance for the Year 2023

ITT Inc. Provides Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$1.35 (vs US$1.24 in 3Q 2022)

ITT Inc. Declares Regular Quarterly Dividend, Payable on December 29, 2023

ITT Inc. to Report Q3, 2023 Results on Nov 02, 2023

ITT Inc. (NYSE:ITT) announces an Equity Buyback for $1,000 million worth of its shares.

Upcoming dividend of US$0.29 per share at 1.2% yield

ITT Inc. Updates Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$1.31 (vs US$0.91 in 2Q 2022)

ITT Inc. Declares Regular Quarterly Dividend, Payable on October 2, 2023

ITT Inc. to Report Q2, 2023 Results on Aug 03, 2023

Upcoming dividend of US$0.29 per share at 1.5% yield

ITT Inc. Declares Quarterly Cash Dividend , Payable on July 3, 2023

ITT Inc. Updates Earning Guidance for the Fiscal Year 2023

First quarter 2023 earnings released: EPS: US$1.21 (vs US$0.88 in 1Q 2022)

ITT Inc. (NYSE:ITT) acquired Micro-Mode Products, Inc. for approximately $80 million.

Now 22% undervalued after recent price drop

Now 23% undervalued after recent price drop

Insider recently sold €180k worth of stock

Now 20% undervalued

Upcoming dividend of US$0.29 per share at 1.3% yield

Full year 2022 earnings released: EPS: US$4.42 (vs US$3.66 in FY 2021)

An Unknown buyer acquired facilities in Industrial Process from ITT Inc. (NYSE:ITT).

ITT Inc. to Report Q4, 2022 Results on Feb 09, 2023

ITT Inc. Announces Executive Changes

Upcoming dividend of US$0.26 per share

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.24 (vs US$1.01 in 3Q 2021)

ITT Inc. Provides Revenue Guidance for the Full Year 2022

ITT Inc. Announces Executive Changes

ITT Inc. Announces Quarterly Dividend, Payable on December 30, 2022

ITT Inc. Announces Management Changes

ITT Inc. to Report Q3, 2022 Results on Nov 03, 2022

Senior VP & CFO recently sold €203k worth of stock

Upcoming dividend of US$0.26 per share

Senior VP & General Counsel recently sold €254k worth of stock

Second quarter 2022 earnings released: EPS: US$0.91 (vs US$0.45 in 2Q 2021)

ITT Inc. Provides Earnings Guidance for the Year 2022

ITT Inc. Announces Quarterly Dividend, Payable on October 3, 2022

ITT Inc. to Report Q2, 2022 Results on Aug 04, 2022

ITT Inc. (NYSE:ITT) acquired minority stakes in CRP Technology S.r.l. and CRP USA.

Upcoming dividend of US$0.26 per share

ITT Inc. Declares Quarterly Dividend, Payable on July 5, 2022

ITT Inc. Provides Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: US$0.88 (vs US$1.00 in 1Q 2021)

Insufficient new directors

ITT Inc. to Report Q1, 2022 Results on May 03, 2022

ITT Inc., Annual General Meeting, May 18, 2022

ITT Inc. (NYSE:ITT) acquired Habonim Industrial Valves & Actuators Ltd for $140 million.

Upcoming dividend of US$0.26 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

ITT Inc. Announces Quarterly Dividend for the First Quarter of 2022, Payable on April 4, 2022

Insufficient new directors

Upcoming dividend of US$0.22 per share

ITT Inc. Connector Business Introduces Veam Move-Mod™, Delivering True Modularity in Circular Interconnects

Senior VP recently sold €227k worth of stock

Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.56 loss in 3Q 2020)