Pagano named President of ITT Industrial Process


    SENECA FALLS, N.Y., April 1, 2009 – Robert J. Pagano, Jr. has been appointed President of Industrial Process, one of the ITT Corporation fluid businesses headquartered in Seneca Falls, New York.  ITT Industrial Process (IP) manufacturers and markets industrial pumps, valves, monitoring and control systems, water treatment products, and aftermarket services globally under the Goulds Pumps®, Fabri-Valve®, PumpSmart®, C’treat®, and PRO Services® brands. IP has 18 manufacturing plants, 14 service facilities, and 32 sales offices worldwide with over 2,200 employees.  The forty-six year old Pagano replaces Kenneth Napolitano, who has been named president of ITT’s Residential and Commercial Water value center headquartered in Morton Grove, Illinois.
    Pagano was most recently Vice President of Finance for ITT Corporation and also recently served as Chief Financial Officer for the Motion and Flow Control group.  
    “Bob returns to a larger, more diverse Industrial Process, and brings with him an increased strategic knowledge of ITT as well as a record of achieving strong results,” said Gretchen McClain, president of ITT Fluid Technology.  “His perspective, coupled with his in-depth knowledge of the Industrial Process business and its customers and their needs will be a great asset as he leads Industrial Process in the future.”
    Pagano began his ITT career with Industrial Process, holding a series of increasingly responsible positions, eventually leading that business as president from 2002-2004 during some of its most challenging periods, strategically positioning it for future growth.  Pagano began his career with KPMG Peat Marwick in Syracuse, New York.    
    Pagano received his Bachelor’s Degree in Accounting from the State University of New York at Oswego and attended post-graduate courses at Syracuse University.  He is a Certified Public Accountant and is also a Certified Management Accountant.
    About ITT Corporation
    ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world.  Headquartered in White Plains, N.Y., the company generated 2008 sales of $11.7 billion.