ITT Corporation Elects Colleen Ostrowski Vice President and Treasurer

17.08.2010

The Board of Directors of ITT Corporation announced it has elected Colleen Ostrowski vice president and treasurer of the company, reporting to Denise Ramos, ITT senior vice president and chief financial officer.

In this role, Ostrowski will have global operating responsibility for the treasury organization, including capital markets, pension, cash management, international treasury and risk management.

Ostrowski, 36, joined ITT as assistant treasurer in January 2010, and has led global cash management, cash forecasting and liquidity management. She has also served as a member of the company s pension fund trust and investment committee and the benefits administration committee.

Prior to joining ITT, Ostrowski had a ten-year career in finance and treasury with Pfizer, Inc., culminating in the role of senior director, treasury pension investments and finance. She holds a Bachelor of Science with an emphasis in international business from Juniata College in Huntingdon, Pa., and a Master of Business Administration degree in finance from Penn State University.

"Since joining ITT, Colleen has demonstrated strong leadership and communication skills that enhance her outstanding track record in finance," said Ramos. "I m confident that her global experience over a decade in the corporate treasury arena will continue to be a tremendous asset to our team, and we look forward to her contributions in this new post."

Ostrowski assumes the treasurer position from Ramos, who has led the treasury function as acting treasurer since June.

Source: ITT Inc.

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