ITT Inc. announces planned succession: GC Mary Beth Gustafsson to retire, Lori Marino named successor

ITT INC.

Mary Beth Gustafsson steps down as SVP & General Counsel effective Dec 31, 2022; will serve as business advisor through March 6, 2024, then retire.
Lori B. Marino, former Deputy GC & Corporate Secretary, returns to ITT as SVP & General Counsel effective Jan 1, 2023.
Gustafsson's compensation in advisory role remains materially consistent with prior compensation.
Succession part of planned process; no mention of immediate departure or controversy.

item 5.02

Executive movements

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Appointed

Lori B. Marino

Senior Vice President & General Counsel

ITT · ITT INC.

Effective: 2023-01-01
Filed: December 12, 2022, 6:59 PM ET

Lori B. Marino, formerly Deputy General Counsel and Corporate Secretary of the Company, will return to the Company and assume the role of Senior Vice President & General Counsel effective January 1, 2023.

Departed

Mary Beth Gustafsson

Senior Vice President & General Counsel

ITT · ITT INC.

Effective: 2022-12-31
Successor: Lori B. Marino
Filed: December 12, 2022, 6:59 PM ET

Mary Beth Gustafsson will step down as the Company’s Senior Vice President & General Counsel effective December 31, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lori B. Marino was appointed as Senior Vice President & General Counsel at ITT INC..

Action: appointed
Role: Senior Vice President & General Counsel

Exact text from the filing

Lori B. Marino, formerly Deputy General Counsel and Corporate Secretary of the Company, will return to the Company and assume the role of Senior Vice President & General Counsel effective January 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Beth Gustafsson departed as Senior Vice President & General Counsel at ITT INC..

Action: step down
Role: Senior Vice President & General Counsel

Exact text from the filing

Mary Beth Gustafsson will step down as the Company’s Senior Vice President & General Counsel effective December 31, 2022.

View on SEC.gov

ITT INC. filing history →

Source: SEC EDGAR

accession 0000216228-22-000061

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