ITT Management
Management criteria checks 3/4
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 $20.26M. 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
With EPS Growth And More, ITT (NYSE:ITT) Makes An Interesting Case
Apr 11
A Look At The Intrinsic Value Of ITT Inc. (NYSE:ITT)
Mar 28At US$122, Is It Time To Put ITT Inc. (NYSE:ITT) On Your Watch List?
Feb 21We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
Jan 15We Ran A Stock Scan For Earnings Growth And ITT (NYSE:ITT) Passed With Ease
Jan 03ITT: Looking More Than Fair After A Big Re-Rating
Dec 24Some Shareholders Feeling Restless Over ITT Inc.'s (NYSE:ITT) P/E Ratio
Dec 20ITT Inc. (NYSE:ITT) Shares Could Be 21% Below Their Intrinsic Value Estimate
Dec 08ITT (NYSE:ITT) Knows How To Allocate Capital Effectively
Nov 23ITT Inc.: Diversification Of Revenues Resulting In Stabilized Cash Flows
Nov 07What Does ITT Inc.'s (NYSE:ITT) Share Price Indicate?
Nov 06Here's Why We Think ITT (NYSE:ITT) Might Deserve Your Attention Today
Sep 26Is ITT (NYSE:ITT) Using Too Much Debt?
Sep 11Is ITT Inc. (NYSE:ITT) Trading At A 34% Discount?
Aug 22ITT: Solid Q2 Earnings Report Brings Optimism
Aug 11ITT (NYSE:ITT) Might Have The Makings Of A Multi-Bagger
Aug 09Is There Now An Opportunity In ITT Inc. (NYSE:ITT)?
Jul 27Here's Why We Think ITT (NYSE:ITT) Is Well Worth Watching
Jun 16Is ITT (NYSE:ITT) Using Too Much Debt?
May 25There's Been No Shortage Of Growth Recently For ITT's (NYSE:ITT) Returns On Capital
May 07Why ITT Inc. (NYSE:ITT) Could Be Worth Watching
Apr 25Estimating The Intrinsic Value Of ITT Inc. (NYSE:ITT)
Apr 08Is Now The Time To Put ITT (NYSE:ITT) On Your Watchlist?
Mar 15ITT (NYSE:ITT) Is Paying Out A Larger Dividend Than Last Year
Feb 12ITT (NYSE:ITT) Has A Pretty Healthy Balance Sheet
Feb 10ITT Q4 2022 Earnings Preview
Feb 08Is Now An Opportune Moment To Examine ITT Inc. (NYSE:ITT)?
Jan 16Calculating The Intrinsic Value Of ITT Inc. (NYSE:ITT)
Jan 04Returns On Capital Are Showing Encouraging Signs At ITT (NYSE:ITT)
Dec 23Does ITT (NYSE:ITT) Deserve A Spot On Your Watchlist?
Dec 11ITT Pressured By Delayed Cost Recoveries And Weakening Short-Cycle Markets
Nov 09ITT Q3 2022 Earnings Preview
Nov 02ITT (NYSE:ITT) Has A Pretty Healthy Balance Sheet
Oct 11At US$66.90, Is It Time To Put ITT Inc. (NYSE:ITT) On Your Watch List?
Sep 26An Intrinsic Calculation For ITT Inc. (NYSE:ITT) Suggests It's 47% Undervalued
Sep 11Returns At ITT (NYSE:ITT) Are On The Way Up
Aug 28ITT expands compact actuation portfolio with Clippard cylinder product line
Aug 10CEO Compensation Analysis
| 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 about average for companies of similar size in the US market ($USD13.05M).
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 |
|---|---|---|---|---|
| CEO, President & Director | 5.7yrs | US$9.34m | 0.19% $ 20.3m | |
| Senior VP & CFO | 3.5yrs | US$3.13m | 0.017% $ 1.8m | |
| Senior VP | 1.3yrs | US$2.41m | 0.0015% $ 156.4k | |
| Senior VP and President of Motion Technologies & Asia Pacific | 3.5yrs | US$2.97m | 0.013% $ 1.3m | |
| Senior Vice President of Strategy & Business Development | 2.6yrs | US$1.91m | 0.0029% $ 300.1k | |
| VP & Chief Accounting Officer | 1.4yrs | no data | 0.00084% $ 88.1k | |
| Vice President of Investor Relations & Global Communications | 3.3yrs | no data | no data | |
| Chief Human Resources Officer & Senior VP | 5.3yrs | no data | 0.018% $ 1.9m | |
| Senior VP & President of Industrial Process (IP) Business | less than a year | no data | no data | |
| Senior VP and President of Its Connect & Control Technologies Business | less than a year | no data | no data | |
| Controller & Executive Director | 5.8yrs | no data | no data | |
| Investor Relations Manager | no data | no data | no data |
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: ITT's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.3yrs | US$9.34m | 0.19% $ 20.3m | |
| Independent Director | 12.5yrs | US$255.00k | 0.010% $ 1.1m | |
| Independent Chairman of the Board | 9.2yrs | US$260.00k | 0.0080% $ 838.5k | |
| Independent Director | 10.3yrs | US$255.00k | 0.0077% $ 808.0k | |
| Independent Director | 5.5yrs | US$240.00k | 0.011% $ 1.1m | |
| Independent Director | 7.5yrs | US$240.00k | 0.0097% $ 1.0m | |
| Independent Director | less than a year | US$160.00k | no data | |
| Independent Director | less than a year | US$160.00k | no data | |
| Independent Director | less than a year | no data | no data |
5.5yrs
Average Tenure
67yo
Average Age
Experienced Board: ITT's board of directors are considered experienced (5.5 years average tenure).