ITT INC. (NYSE:ITT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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ITT INC. (NYSE:ITT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Arrangements of Certain Officers.

(d) Appointment of Director to Committee. On October 11, 2017, the Company filed a Form 8-K under Item 5.02 to which it announced that, effective immediately, the Board of Directors of the Company had elected Mario Longhi to its Board of Directors. At that time, Mr. Longhi had not been appointed to any committees of the Board of Directors.

On December 5, 2017, the Board of Directors of the Company appointed Mr. Longhi to the Compensation and Personnel Committee of the Board of Directors, effective immediately. The Board of Directors previously considered the independence of Mr. Longhi under the New York Stock Exchange listing standards and the Company's corporate governance principles and concluded that he is an independent director and in connection with his appointment to serve as a member of the Compensation and Personnel Committee, concluded that he satisfied the additional criteria for service as a member of the Compensation and Personnel Committee.

Mr. Longhi is not a current or former employee of the Company. In addition, neither Mr. Longhi nor any of his immediate family members is a party, either directly or indirectly, to any transaction that would be required to be reported under Item 404(a) of Regulation S-K, nor is Mr. Longhi a party to any arrangement or understanding to which he was selected as a director.

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