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ITT Industries, Inc. has named Riccardo Trossi to the position of president of ITT's Motion and Flow Control group. He succeeds Brenda Reichelderfer, who was recently selected to head the company's Electronic Components group. Trossi was previously president of ITT's Galfer business unit, based in Barge, Italy.
"Riccardo Trossi is one of our most accomplished business leaders," said Louis Giuliano, chairman, president and chief executive officer of ITT Industries. "He has established an impressive record of product innovation, customer satisfaction and operational excellence. Riccardo approaches each challenge with energy, enthusiasm and an unwavering dedication to delighting his customers. His track record of continuous growth in a highly competitive market speaks to the success of his vision."
ITT Industries' Motion and Flow Control segment is a group of global businesses that produce a wide array of engineered products for industrial, leisure marine and aerospace applications. The segment markets its products under a number of global brands, including Jabsco, Rule, KONI, HydroAir and Flojet.
Trossi joined ITT Industries' predecessor company, ITT Corporation, in 1977, and was named president and managing director of Galfer in 1983. He was awarded ITT Industries' prestigious Chairman's Award for Operational Excellence in 2002 and the Harold S. Geneen Award for Individual Achievement in 2001. He is a graduate of the Institute Tecnico Avogadro in Torino, Italy.
ITT Industries, Inc. supplies advanced technology products and services in key markets including electronic interconnects and switches; defense communication, opto-electronics, information technology and services; fluid and water management and other specialty products. Headquartered in White Plains, NY, the company generated $4.99 billion in 2002 sales.