Robert J. Pagano, Jr. has been the CEO of Watts Water Technologies since May 2014 and became its Chairperson in February 2022. Before this, he worked at ITT Corporation for over 15 years, moving up the ranks to become the...
Robert J. Pagano, Jr. has been the CEO of Watts Water Technologies since May 2014 and became its Chairperson in February 2022. Before this, he worked at ITT Corporation for over 15 years, moving up the ranks to become the Senior Vice President and President of ITT Industrial Process. He’s a Certified Public Accountant and kicked off his career at KPMG, which shows his strong financial background. Under his leadership at Watts Water Technologies, his compensation in 2023 reached $5.6 million, mostly from performance-based bonuses rather than stock options, indicating a focus on immediate company metrics. Notably, he's involved in insider trading with his holdings rising over the years, reaching a peak of $52.5 million in May 2024. He also took on additional roles, serving as interim CEO of ITT and as a board member at Applied Industrial Technologies, showcasing that he’s trusted and recognized in the industry. Knowing how he transitioned from finance to leading two different companies shows a practical approach towards growth and results.