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ITT Names Board Members for Exelis

ITT Corporation has announced the members of the board of directors for ITT Exelis , a new publicly traded company that will result from the Oct. 31 separation of ITT.

Ralph Hake, former chairman and CEO of Maytag, will become chairman of the Exelis board. Hake has been an ITT director since 2002. Steve Loranger, the chairman, president and CEO of ITT, will also join the Exelis board.

Other board members include:

  • Herman E. Bulls, founder and chief executive officer of the public institutions group at Jones Lang LaSalle
  • Christina A. Gold, former chief executive officer, The Western Union Company, and an ITT director since 1997
  • John J. Hamre, Ph.D., president and chief executive officer, Center for Strategic & International Studies, and an ITT Director since 2000
  • Paul J. Kern, senior counselor of The Cohen Group, and an ITT director since 2008
  • David F. Melcher, who will serve as chief executive officer and president of ITT Exelis and who is currently a senior vice president of ITT and president of ITT Defense and Information Solutions
  • Patrick J. Moore, former chief executive officer, and previously the chairman and chief executive officer, of Smurfit-Stone Container Corporation and current president and chief executive officer of PJM Advisors LLC
  • Mark L. Reuss, president of General Motors, North America
  • Billie I. Williamson, Americas inclusiveness officer and an audit partner with Ernst & Young
  • R. David Yost, former chief executive officer of AmerisourceBergen Corporation

“We are thrilled to have such strong and talented boards of directors to oversee ITT, Xylem and ITT Exelis,” Loranger said. “Each company will be led by experienced professionals from diverse backgrounds with proven track records of execution. We are confident that under their leadership all three companies will be well-positioned to drive growth and deliver significant value to all of our shareholders.”

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