ITT Names William E. Taylor President of ITT China
July 21 2006 - 10:20AM
PR Newswire (US)
WHITE PLAINS, N.Y., July 21 /PRNewswire/ -- ITT Corporation
(NYSE:ITT) today announced the appointment of William E. Taylor to
the position of President, ITT China. In this role, Taylor will
serve as a member of the ITT Executive Council and will lead the
development and deployment of the overall China strategy for the
company. Taylor will also lead ITT's commercial business interests
throughout China, working closely with the Motion and Flow Control
and Fluid Technology business leaders, and the ITT functional
leaders. He will be based in Shanghai, China. "We are delighted
that Bill Taylor has accepted this strategically important role for
us," said Steve Loranger, Chairman, President and Chief Executive
Officer of ITT. "He has a proven track record of success over a
30-year career, including his most recent role as president of one
of our largest value centers. In both his current and prior roles,
Bill has had extensive experience operating in China, and we feel
his background and business acumen make him well suited to this
assignment. China is a critical growth area for ITT, and I look
forward to working with Bill and his team to maximize our extensive
opportunities there." Since 2004, Taylor, 53, has served as
President of ITT's Industrial and Biopharm Group, based in Seneca
Falls, New York. He joined ITT in January of 2003 as Vice President
of the Process Products Division and Marketing. Prior to ITT,
Taylor was President of the Delta Companies in Denham Springs,
Louisiana. He served as President of Sundyne Corporation, a
division of Hamilton Sundstrand, from 1995-2000. He was employed by
Sundyne Corporation from 1980 and served in a number of quality
assurance, strategic planning and marketing roles before becoming
President. He began his career in 1977 with Sundstrand Aviation.
Taylor received a Bachelor of Science degree in Technical
Management from Regis University, in Denver, Colorado. About ITT
Corporation ITT Corporation (http://www.itt.com/) supplies advanced
technology products and services in several growth markets. ITT is
a global leader in the transport, treatment and control of water,
wastewater and other fluids. The company plays a vital role in
international security through its defense communications and
electronics products; space surveillance and intelligence systems;
and advanced engineering and related services. It also serves the
growing leisure marine and electronic components market with a wide
range of products. Headquartered in White Plains, NY, the company
generated $7.4 billion in 2005 sales. In addition to the New York
Stock Exchange (NYSE Arca), ITT Corporation stock is traded on the
Paris, London and Frankfurt exchanges. For free B-roll/video
content and logo about ITT Corporation, please log onto
http://www.thenewsmarket.com/ITT to preview and request video. You
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DATASOURCE: ITT Corporation CONTACT: Tom Martin of ITT Corporation,
+1-914-641-2157, Web site: http://www.itt.com/
http://www.thenewsmarket.com/ITT
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