WHITE PLAINS, N.Y., Oct. 21 /PRNewswire/ -- ITT Industries (NYSE: IIN)
announced today that its Board of Directors has elected Dr. Jurgen Geissinger
and Thomas V. Chambers Vice Presidents of the Company. Geissinger also serves
as Chairman of the Management Board of ITT Automotive Europe GmbH, and is
responsible for the Brake & Chassis systems worldwide production group.
Chambers is also worldwide head of ITT Automotive's Electrical Systems
"Both of these gentlemen hold critical positions in our global automotive
business," said Travis Engen, Chairman, President and Chief Executive of ITT
Industries. "Their election as corporate officers by our Board reflects their
importance to the ultimate success of ITT Industries as well. We look forward
to the leadership roles they will play."
Geissinger, 38, joined ITT Automotive in Frankfort in 1992 as Head of
Central Production Engineering, and later became General Manager of Electronic
Brake Systems. Prior to joining ITT Industries, Geissinger worked in the
Chairman's office of Heidelberger Druckm, AG in Germany. He holds a doctorate
in engineering from the University of Stuttgart.
Chambers, 53, also joined ITT Automotive in 1992 as General Manager of
North American Brake Systems. Prior to joining ITT Automotive, Chambers was
director, Brake Systems Unit, Delco Chassis Division with General Motors.
Chambers holds a masters degree in management from the Sloan School of the
Massachusetts Institute of Technology.
ITT Industries is a leading worldwide diversified manufacturing company,
with 1996 sales of $8.4 billion dollars from its three primary business
segments: Automotive, Defense & Electronics, and Fluid Technology. ITT
Automotive is one of the largest independent suppliers of systems and
components to automotive manufacturers. ITT Defense & Electronics is a leader
in the design, manufacture and support of high technology electronic systems
and components for defense and commercial markets. ITT Fluid Technology is
one of the world's leading manufacturers of products, systems and services for
the movement, measurement, and control of fluids. ITT Industries' stock (IIN)
is traded on the New York, Midwest, pacific, London, Frankfurt and Paris
SOURCE ITT Industries
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CONTACT: Tom Martin of ITT Industries, 914-641-2157
NOTE TO EDITORS: This is ITT Industries (NYSE: IIN) not ITT
Corporation (NYSE: ITT). Any shorthand reference to ITT will be
incorrect. This release and any additional information is also
available through Fax On Demand by dialing 800-546-4698.