Denise L. Ramos has been the CEO of ITT Inc. since October 2011, bringing a wealth of financial expertise to the table. Before stepping into her current role, she was the Chief Financial Officer at ITT, but her career spans...

Number of Employees

10.6K

Year

2018

Total Compensation

$4.38M

Salary

$1.00M

Board Justification

The compensation philosophy aligns executive compensation with business performance and shareholder return, with a significant portion of pay being performance-based.

Bonus

$1.20M

Board Justification

The annual incentive plan (AIP) payout for 2018 was 148.5% of target, based on performance metrics including Adjusted EPS, Adjusted Revenue, Adjusted Cash Flow, and Adjusted Operating Margin.

Other

$142.26K

Board Justification

This includes contributions to the ITT Supplemental Retirement Savings Plan and other non-qualified savings.

Restricted Stock

$2.04M(42.18K RSU)

Board Justification

The stock awards that vested in 2018 included 42,240 RSUs and 21,778 PSUs, with the PSUs vesting at 126% of target based on performance metrics.

Performance Metrics

Performance metrics included Adjusted EPS, Adjusted Revenue, Adjusted Cash Flow, and Adjusted Operating Margin.

SEC Filing

From April 8, 2019