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ITT Announces Board Members for Xylem and ITT Exelis

ITT Corporation announced the members of the boards of directors for Xylem Inc. and Exelis Inc., which will also be known as ITT Exelis, the two new publicly traded companies that will result from the previously announced separation of ITT, expected to occur on October 31, 2011. To comply with certain laws and regulations, including New York Stock Exchange rules, Xylem and ITT Exelis will each appoint an independent director.

Source: ITT

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