Luca Savi has been the CEO of ITT Inc. since January 1, 2019, following his successful stint as President and COO. Before joining ITT, he had a solid background in industrial management, specifically at Comau, a Fiat subsidiary. He moved...

Luca Savi has been the CEO of ITT Inc. since January 1, 2019, following his successful stint as President and COO. Before joining ITT, he had a solid background in industrial management, specifically at Comau, a Fiat subsidiary. He moved up the ranks there, even leading operations in North America and China. Under his leadership, the Motion Technologies division at ITT saw significant growth, which showcases his ability to drive performance in challenging markets. Interestingly, Savi has been involved in significant international assignments, including in China, where he has been since 2015. His compensation shows a shift from being very high in 2022 at $6.84 million to a more modest amount of $1.27 million in 2023, as he aligns his incentives with company performance without any cash bonus awarded recently. On the insider trading front, Savi has been quite active, having made several trades creating millions in value over the years, showing that he has a vested interest in the company’s success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other ITT CEOs

I

Luca Savi

Ex-CEO of ITT

Sector of Economy

Industrials

Born

July 30, 2024 - 0 years ago

CEO of ITT for

5 years 0 months (Jan 2018 - Jan 2023)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Luca Savi

U

Matthew J. Flannery

CEO of United Rentals

2023 Compensation

Stock

$20.13M

Salary

$1.10M

Bonus

$1.05M

Other

$23.28K

Total Holdings

$64.18M

I

Vicente Reynal

CEO of Ingersoll Rand

2023 Compensation

Stock

$0.00

Salary

$1.13M

Bonus

$3.43M

Other

$175.95K

Total Holdings

$65.37M

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

C

David A. Roberts

CEO of Carlisle Companies

2017 Compensation

Stock

$0.00

Salary

$792.20K

Bonus

$1.19M

Other

$12.76K

Total Holdings

$72.05M

D

Tod E. Carpenter

CEO of Donaldson Company

2022 Compensation

Stock

$0.00

Salary

$1.06M

Bonus

$1.28M

Other

$182.89K

Total Holdings

$29.63M

G

Mark W. Sheahan

CEO of Graco

2023 Compensation

Stock

$0.00

Salary

$985.00K

Bonus

$1.30M

Other

$26.76K

Total Holdings

$6.90M

Holdings

See how much did Luca Savi make over time.

Luca Savi's holdings in ITT reflect a notable increase over recent years. Starting in 2019, his insider trading activity showed values fluctuating between $2.95 million and $5.93 million by the end of 2020. Interest peaked in December 2021 with a...

Luca Savi's holdings in ITT reflect a notable increase over recent years. Starting in 2019, his insider trading activity showed values fluctuating between $2.95 million and $5.93 million by the end of 2020. Interest peaked in December 2021 with a significant holding of over $10 million, with steady growth thereafter. By December 2023, this value soared to an impressive $21.57 million, marking a serious increase in confidence in the future of ITT and showcasing Savi's commitment to the company. As of mid-2024, his holdings remained robust at around $30 million, indicating strong investment in ITT during a period of market fluctuations.

Mar 17, 2025

I

shares

ITT @ $136.91

M

shares

MSA @ $152.03

Total Stock Sold

$3.91M

ITT

$3.91M

54,983 ITT shares

What if they kept their stock?

If Luca Savi didn't sell their stock, today they would have:
Extra ITT54,983 shares worth $2.78M.
This is -28.9% and $1.13M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Luca Savi.

MSA

10.519 shares

MSA

Sep 10, 2024

Received

MSA

10.547 shares

MSA

Jun 10, 2024

Received

MSA

755 shares

MSA

May 15, 2024

Received

MSA

7.01 shares

MSA

Mar 10, 2024

Received

ITT

69,053 shares

ITT

Mar 4, 2024

Received

MSA

7.608 shares

MSA

Dec 10, 2023

Received

MSA

7.543 shares

MSA

Sep 10, 2023

Received

MSA

5.678 shares

MSA

Jun 10, 2023

Received

MSA

939 shares

MSA

May 17, 2023

Received

MSA

6.115 shares

MSA

Mar 10, 2023

Received

Compensation History

See how much did Luca Savi make over time.

Luca Savi's compensation as CEO of ITT Inc. has seen considerable variation over the years. In 2022, his total compensation peaked at $6.84 million, which included a salary of $1.03 million and other forms of compensation. However, in 2023, it significantly dropped to $1.27 million. This reduction stemmed from no cash bonuses or stock awards being vested, emphasizing a strategy focused on aligning pay with company performance. Despite the drop in 2023, his compensation philosophy reflects a commitment to long-term performance metrics such as total shareholder return and return on invested capital.

Year

2023

Total Compensation

$1.25M

Salary

$1.09M

Board Justification

The compensation philosophy emphasizes alignment with company performance and shareholder value creation, with a significant portion of compensation tied to performance metrics.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2023.

Other

$158.98K

Board Justification

Includes financial counseling and retirement plan contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023.

Performance Metrics

Performance metrics include annual incentive plan targets and long-term incentive plan performance based on total shareholder return and return on invested capital.

Other ITT CEOs

Here are other CEOs of ITT

Denise L. Ramos

Ex-CEO of ITT

October 2011 - January 2018

Nicholas Fanandakis

CEO of ITT

January 2023 - Present