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ITT > SEC Filings for ITT > Form 8-K on 10-Jan-2014All Recent SEC Filings

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Form 8-K for ITT CORP


Change in Directors or Principal Officers

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 8, 2014, the Board of Directors of ITT Corporation (the "Company") elected Steven C. Giuliano as Vice President and Chief Accounting Officer effective immediately. On such date, Thomas M. Scalera, Senior Vice President, Finance and Chief Financial Officer, ceased his service as the Company's interim Chief Accounting Officer.

Mr. Giuliano, age 44, formerly served as Chief Financial Officer of Arch Chemicals, Inc. from 2007 until its acquisition by Lonza Group Ltd. in October 2011. Mr. Giuliano also served as Arch Chemicals' Senior Vice President from 2009 until his departure and previously served as Vice President from 2007 to 2009 and as Controller from 1999 to 2007. During his tenure at Arch Chemicals, Mr. Giuliano assumed increasing levels of responsibility in the areas of corporate finance and accounting, including SEC reporting and compliance. Prior to joining Arch Chemicals in 1999, Mr. Giuliano worked as an Audit Senior Manager for KPMG LLP. Mr. Giuliano holds a bachelor of science degree in accounting from Villanova University. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

Mr. Giuliano will receive salary, bonus and equity awards under the ITT Corporation Omnibus Incentive Plan at levels that are consistent with his seniority and position. He will also receive health, welfare and retirement benefits that are generally available to salaried employees.

Neither Mr. Giuliano nor any of his immediate family members is a party, either directly or indirectly, to any transaction that would be required to be reported under Item 404(a) of Regulation S-K, nor is Mr. Giuliano a party to any arrangement or understanding pursuant to which he was selected as an officer.

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