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ITT ( (ITT) ) just unveiled an update.
Bartek Makowiecki has been promoted to Senior Vice President, Chief Strategy Officer and President, Industrial Process at ITT Inc., bringing a wealth of experience from senior roles in strategy and M&A at prominent corporations. Recognizing his track record in enhancing the company’s strategic and business development, his annual salary has been increased to $600,000, with target equity compensation set at $1,350,000, and a one-time restricted stock unit award valued at $500,000. Makowiecki’s cash bonus stays at 75% of his base salary, and he retains participation in the company’s annual incentive plans.
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