Pagano Named President of ITT Industrial Products Group


    Seneca Falls, New York, June 14, 2002?.Robert J. Pagano Jr. has been appointed President of the Industrial Products Group of ITT Industries. The ITT Industrial Products Group (IPG) manufactures and markets products globally under the Goulds PumpsTM, A-C PumpTM, PumpSmartTM, and PRO ServicesTM brands. IPG has 10 manufacturing plants, 14 service facilities and 30 sales offices worldwide with over 2000 employees. Mr. Pagano began his career with KPMG Peat Marwick in Syracuse, New York. After five years with KPMG, Pagano returned to Goulds Pumps / ITT Industries where he had been an Accounting Intern during college. He has since accepted and succeeded in a variety of management assignments including; Auditing Services, Cost Accounting Manager, Assistant Controller, Ashland Operations Controller, IPG Group Controller, and most recently, VP of Finance and Group Controller of ITT Fluid Technology. Mr. Pagano received his Bachelor's Degree in Accounting from the State University of New York at Oswego graduating Magna cum Laude. He has attended post-graduate courses at Syracuse University. Pagano is a Certified Public Accountant and is also a Certified Management Accountant.

    In making the announcement, Robert Ayers, President & CEO of ITT Fluid Technology stated, "Bob has been a key leader and contributor to our Fluid Technology Management Team. His well founded experience in operating environments, coupled with his strategic planning skills, will enable him to focus and lead the IPG organization to meet and exceed our business expectations." The Industrial Pump Group is one of the fluid businesses of ITT Industries. ITT Industries, Inc. ( supplies advanced technology products and services in key markets including: electronic interconnects and switches; defense communication, opto-electronics, information technology and services; fluid and water management and other specialty products. Headquartered in White Plains, NY, the company generated $4.7 billion in 2001 sales. In addition to the New York Stock Exchange, ITT Industries' common stock is traded on the Midwest, Pacific, London, Frankfurt and Paris exchanges.

    Local Editor's Notes: ITT IPG maintains Central New York campuses in Seneca Falls, Baldwinsville, and Penn Yann employing over 1,000. Pagano grew up in nearby Waterloo and lives in Baldwinsville, New York with his wife, Susan and son, Robert J. III, and daughter, Stacey. Bob's grandfather was a forty-year Goulds Pumps employee.