ITT ITT Inc

The Board of Directors of ITT Corporation (NYSE:ITT) today elected Gretchen McClain, 45, a senior vice president and Janice Klettner, 47, a vice president of the company. McClain is currently the president of ITT�s fluid technology business and has been with ITT since 2005. She is responsible for the management of the company�s global fluid technology business, which generated $3.5 billion in 2007. Prior to joining ITT, McClain was a division vice president and general manager at Honeywell Aerospace. She spent nine years with NASA earlier in her career, where she oversaw the development and launch of the International Space Station. Klettner currently serves as ITT�s chief accounting officer and has been with the company since May 2006. She is responsible for ITT�s accounting, internal controls, financial reporting policies and external financial reports, as well as related SEC compliance. Prior to joining ITT, Klettner was vice president and corporate controller of Avon Products. She also served as vice president of enterprise risk management during her tenure with Avon. Klettner began her career at Coopers & Lybrand, LLP. About ITT Corporation ITT Corporation (www.itt.com) is a diversified high-technology engineering and manufacturing company dedicated to creating more livable environments, enabling communications and providing protection and safety. The company plays an important role in vital markets including water and fluids management, global defense and security, and motion and flow control. ITT employs approximately 40,000 people serving customers in more than 50 countries. Headquartered in White Plains, N.Y., the company generated $9 billion in 2007 sales.