Nicholas Fanandakis is the CEO of ITT Inc., bringing a wealth of experience to the company. He joined ITT's Board of Directors in 2016 and has played a significant role on several committees, including the Audit Committee and the Compensation...

Nicholas Fanandakis is the CEO of ITT Inc., bringing a wealth of experience to the company. He joined ITT's Board of Directors in 2016 and has played a significant role on several committees, including the Audit Committee and the Compensation and Human Capital Committee. Previously, he was an executive vice president at DuPont, managing financial and operational strategies. Fanandakis is known for his solid background in finance and extensive industry knowledge, having worked at DuPont since 1979 in various leadership roles. His focus areas include improving company performance and ensuring shareholder value, as he aims to align executive pay with the company's success. Interestingly, in 2023, his total compensation was reported at about $9.34 million, with a substantial portion coming from salary and other benefits. Notably, his insider trading activity shows fluctuations in the value of his stock holdings, reflecting changes in ITT's market performance, with peak values around $5.69 million in mid-2024. Fanandakis has announced he will not seek re-election in 2024, signaling a possible transition in leadership while remaining committed to the company's direction until then.