ITT Announces Board Members for Xylem and ITT Exelis
Monday, October 17, 2011
ITT Corporation announced the members of the boards of
directors for Xylem Inc. and Exelis Inc., which will also be known as ITT
Exelis, the two new publicly traded companies that will result from the
previously announced separation of ITT, expected to occur on October 31, 2011.
To comply with certain laws and regulations, including New York Stock Exchange
rules, Xylem and ITT Exelis will each appoint an independent director. More...