Farrokh Batliwala has been at the helm of ITT Inc. since 2020, guiding the company through dynamic changes and market challenges. With a background in engineering, he utilizes his technical expertise to drive innovation within the industrial sector. In 2023,...

Current Market Cap

$12.59B

Number of Employees

10.6K

Total Compensation

2020 - 2023

Trending up by 275.14% last year
Showing total compensation for the last 2020 - 2023

Stock

Up by 0.00% last year

Salary

Down by -87.38% last year

Bonus

Up by 0.00% last year

Other

Down by -100.00% last year

Year

2023

Total Compensation

$4.58M

Salary

$129.33K

Board Justification

The compensation philosophy aligns executive pay with company performance, emphasizing pay-for-performance and competitive benchmarking to attract and retain top talent.

Bonus

$4.46M

Board Justification

Cash bonus awarded under the Annual Incentive Plan based on performance metrics for the year 2023.

Other

$0.00

Board Justification

No additional compensation reported outside of salary and bonus for 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Performance metrics for the bonus included revenue growth, operating margin, and other financial targets.

SEC Filing

From April 2, 2024