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ITT ( (ITT) ) just unveiled an announcement.
ITT Inc. has introduced a CEO Retention Plan to honor CEO Luca Savi’s remarkable leadership and ensure his continued presence. The plan, valued at $7 million in restricted stock units, ties Mr. Savi’s compensation to the company’s performance, including shareholder returns and capital management. Since 2019, Savi has significantly boosted ITT’s market cap, revenue, and shareholder returns, underscoring his pivotal role in the company’s growth trajectory.
Learn more about ITT stock on TipRanks’ Stock Analysis page.
