ITT Elects Timothy H. Powers to Board of Directors

WHITE PLAINS, N.Y. (Feb. 26, 2015) – ITT Corporation has announced that it has elected Timothy H. Powers to its Board of Directors. Powers, 66, is the former chairman, president and CEO of Hubbell Inc., a global manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications. Powers formerly served as senior vice president and chief financial officer for Hubbell; executive vice president, finance and business development, Americas Region, at ABB Inc.; and vice president and corporate controller at BBC Brown Boveri Inc. “We are extremely pleased to have Tim join our Board of Directors,” said ITT Chief Executive Officer and President Denise Ramos. “With his deep insight in the areas of management, strategic planning, and mergers and acquisitions in the manufacturing industry, he will bring a valuable perspective that will help us continue to drive growth and deliver value to shareowners.” Powers is also a member of the board of directors of MeadWestvaco Corp. ITT is a diversified manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets.