WHITE PLAINS, N.Y., July 27 /PRNewswire/ -- ITT Industries, Inc.
(NYSE: IIN) announced that its Board of Directors has elected Kathleen S.
Stolar to the position of Vice President and Corporate Secretary, and Lawrence
J. Swire to the position of Vice President of the company.
Stolar has been with the company for more than 21 years, with most of that
time spent at ITT Financial Corporation in St. Louis. Since 1996, she's been
an Assistant General Counsel of the corporation in White Plains overseeing
corporate litigation. She also spearheaded the formulation of our corporate
policy compliance program, and will retain responsibility for compliance in
her new role.
Swire joined the legal department of ITT Corp. in 1973. In 1989, he was
named Assistant General Counsel, Corporate Development & Assistant Secretary
of ITT Corp. When ITT Industries was formed in 1995, Swire was named
Associate General Counsel and Assistant Secretary with responsibility for
mergers and acquisitions.
"It is gratifying when we can acknowledge the achievements and experience
of two long-service ITT colleagues," said Travis Engen, chairman and chief
executive of ITT Industries. "We look forward to Kathy's and Larry's
continued contributions to the corporation.
ITT Industries, Inc. (http://www.ittind.com) is a global engineering and
manufacturing company with leading positions in the markets it serves,
generating 1998 sales of $4.5 billion. ITT Industries is the world's premier
supplier of pumps, systems and services to move and control water and other
fluids. The company is a major supplier of sophisticated military defense
systems, and provides advanced technical and operational services to a broad
range of government agencies. ITT Industries also produces connectors,
switches and cabling used in telecommunications, computing, aerospace and
industrial applications, as well as network services. Further, ITT Industries
makes industrial components for a number of other markets, including
transportation, construction and aerospace. Based in White Plains, NY, ITT
Industries employs approximately 33,000 people around the world.
In addition to the New York Stock Exchange, ITT Industries' common stock
is traded on the Midwest, Pacific, London, Frankfurt and Paris exchanges
SOURCE ITT Industries, Inc.
Web site: http://www.ittind.com
Company News On-Call: http://www.prnewswire.com/comp/110006.html
or fax, 800-758-5804, ext. 110006
CONTACT: Tom Glover of ITT Industries, Inc., 914-641-2160