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ITT Corporation Announces Key Management Positions for Post-Separation Companies

As previously announced, upon completion of ITT’s plan to spin off its defense and water businesses later this year, the water technology businesses will become a new company to be led by Gretchen McClain, 48, currently president of ITT Fluid and Motion Control, who will serve as its future CEO. Thursday the company announced that, upon completion of the transaction, Mike Speetzen, 41, is expected to serve as the company's CFO; and Frank Jimenez, 46, is expected to serve as the company's general counsel and corporate secretary.

Source: ITT

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