WHITE PLAINS, N.Y., Oct. 1 /PRNewswire/ -- ITT Industries, Inc.
(NYSE: IIN) announced that its Board of Directors has elected Robert L. Ayers
a Vice President of the company, effective today. Ayers was recently
appointed President of the company's Industrial Pump Group, a $600 million
unit serving industrial and process pump markets worldwide under brands such
as Goulds(R) Pumps, A-C(R) Pump, Richter(R) and Vogel(R). ITT Industries is
the world's largest pump producer.
"Robert Ayers brings a wealth of international business experience and
leadership skills that will serve this company well," said Travis Engen,
chairman, president and chief executive of ITT Industries.
Ayers joins ITT Industries from Sulzer-Bingham Pumps, Inc., where he has
served as President since 1990. He is also President of the Hydraulic
Institute, the North American association of pump producers.
Prior to joining Sulzer-Bingham, Ayers was director of marketing and new
business development at FMC Corporation, and President and CEO of the US
subsidiaries of Lanzagorta International. Prior to that, he held several
international management positions with Armco, Inc.
A Vietnam veteran, Ayers received his BSEE from Virginia Military
Institute and an MBA from Old Dominion University.
About ITT Industries
ITT Industries, Inc. (http://www.ittind.com) is a global industrial
manufacturing company with leading positions in the markets that it serves.
Following the divestiture of the company's automotive brakes and electrical
systems businesses, which were completed in September 1998, the company
expects to generate annual sales of $4.4 billion. ITT Industries is the
world's largest producer of pumps, systems and services to move, measure and
control water and other fluids. The company is also a leading supplier of
sophisticated military defense systems, including night vision devices, secure
communication systems and avionics, and provides advanced technical and
operational services to a broad range of government agencies. ITT Industries
is a leading provider of electrical interconnects for cellular telephones,
aerospace, network communications, "smart cards" for personal data storage,
and PC cards for laptop computers. Further, ITT Industries provides products
for highly-focused automotive markets, such the Koni(R) brand shock absorbers
serving high-end, specialized auto needs in addition to shock absorbers for
trains and bridges, fluid handling products such as brake and fuel line
tubing, and brake friction materials. Based in White Plains, NY,
ITT Industries employs approximately 34,000 people around the world.
In addition to the New York Stock Exchange, ITT Industries' stock is
traded under the symbol ("IIN") on the Midwest, Pacific, London, Frankfurt and
ITT Industries' and its subsidiaries' news releases are available at no
charge via fax and the Internet. For ITT Industries news and information on
the Internet, visit http://www.ittind.com. To receive releases by fax, call
800-758-5804, extension 110006.
SOURCE ITT Industries, Inc.
Web site: http://www.ittind.com
Company News On-Call: http://www.prnewswire.com or fax,
800-758-5804, ext. 110006
CONTACT: Bjorn von Euler of ITT Industries, Inc., 201-760-5795