ITT Elects Steven F. Gaffney to Corporate Vice President

05.10.2005

The Board of Directors of ITT Industries, Inc. elected Steven F. Gaffney to the position of Vice President of the corporation. In September, Gaffney was named...

... President of the company's Defense business.

Immediately prior to that, he was President of ITT's Systems Division, the defense services unit based in Colorado Springs, CO.

In other business, the Board declared a $0.18 per share dividend for the fourth quarter of 2005. The dividend is payable on January 1, 2006 to shareholders of record on November 18, 2005.

Source: ITT Inc.

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