On May 20, 2025, the Board of Directors of ITT Inc., acting on the recommendation of the Nominating and Governance Committee, elected Ms. Mary Laschinger to its Board of Directors, effective immediately following its annual meeting of shareholders (the ?Annual Meeting?) on May 21, 2025. The Board believes that Ms. Laschinger?s extensive global experience with industrial companies that operate in markets similar to the Company will provide valuable expertise to the Company. The Board also considered the independence of Ms. Laschinger under the New York Stock Exchange listing standards and the Company's Corporate Governance Principles and concluded that Ms. Laschinger is an independent director under these standards.
The Board appointed Ms. Laschinger to the Company?s Compensation and Human Capital Committee, effective May 21, 2025. Prior to joining Veritiv, Ms. Laschinger served as Senior Vice President of International Paper Company, a global leader in sustainable packaging and pulp products, from 2007 to July 2014. She also served as President of International Paper?s former distribution business and president of its Europe, Middle East, Africa and Russia businesses.
Ms. Laschinger currently serves on the Board of Directors of Kellanova, previously Kellogg Company and of Dollar Tree Inc. Additionally, Ms. Laschinger is a member of the Executive Advisory Council for Apollo Global Management. Ms. Laschinger holds a bachelor?s degree in business from the University of Wisconsin and a Master of Business Administration degree from the University of Connecticut. She has also completed postgraduate studies in executive management at the Kellogg School of Management at Northwestern University.
The company approved the election of Douglas G. DelGrosso as Director at its AGM.