WHITE PLAINS, N.Y., Sept. 16 /PRNewswire/ -- ITT Industries (NYSE: IIN)
announced today that its Board of Directors has elected Eric Steenburgh a Vice
President of the Company. Eric Steenburgh is also President of the Industrial
Pump Group Worldwide at ITT Fluid Technology Corporation, which one of ITT
Industries' three core businesses and the world's largest pump producer.
"Eric Steenburgh has extensive leadership experience which will be a
valuable asset to ITT Industries," said Travis Engen, Chairman, President and
Chief Executive of ITT Industries. "He will also play a vital role in
advancing ITT Fluid Technology's progress in the important industrial pump
As President of ITT Fluid Technology's recently formed Industrial Pump
Group Worldwide, Steenburgh will drive production and marketing of ITT Fluid
Technology's complete line of pump products for industrial customers
worldwide. This product line recently expanded significantly when ITT
Industries acquired Goulds Pumps, Inc. earlier this year. Products marketed
through the Industrial Pump Group Worldwide have annual sales of about
$600 million and include several market-leading brands, including Goulds,
Allis Chalmers, Richter and Vogel.
Eric Steenburgh came to ITT Industries from Goulds Pumps when the
companies merged. At Goulds, he was President of the Industrial Products
Before joining Goulds in 1995, Steenburgh was President and Chief
Operating Officer at Ricoh Company Ltd. He also spent 27 years with Xerox
Corporation, where he held several senior management positions, including
Senior Vice President and General Manager. Among other responsibilities, he
led the company's manufacturing operations worldwide, and was closely involved
in initiatives which gained Xerox the Malcolm Baldrige National Quality Award.
Steenburgh holds a BSIE from the General Motors Institute and an MS in
Management from Rensselaer Polytechnic Institute. He is active in a number of
professional and educational organizations as well as in community programs in
his hometown of Rochester, N.Y.
ITT Industries (http://www.ittind.com ) is a leading global diversified
manufacturing company, with 1996 sales of $8.4 billion from its three primary
business segments: fluid technology, automotive, and defense and electronics.
ITT Industries' automotive business is one of the world's largest independent
suppliers of systems and components to automotive manufacturers. In the
defense and electronics area, ITT Industries is a leader in the design,
manufacture and support of high technology electronic systems and components
for defense and commercial markets. In addition to the New York Stock
Exchange, ITT Industries' stock is traded under the symbol "IIN" on the
Midwest, Pacific, London, Frankfurt and Paris exchanges.
SOURCE ITT Industries
CONTACT: Bjorn von Euler of ITT Fluid Technology, 201-670-3522;
or Thomas Martin of ITT Industries, 914-641-2157