Pagano resigns from ITT to become CEO of Watts Water Technologies

ITT executive vice president Aris Chicles will take interim leadership responsibility for the Industrial Process business which includes Goulds Pumps, Bornemann, PRO Services, Engineered Valves, C’treat and ProCast.

“While I regretfully accept Bob’s decision, I thank him for his service to ITT and wish him the best in his new career. In his 25 years with the company, Bob has made immeasurable contributions to the IP business and to ITT. In particular, his leadership in the last three years has laid the foundation for the long-term growth and success of the IP business, and he will be dearly missed by his colleagues here,” said ITT CEO and president Denise Ramos.

Pagano, 51, served as senior vice president of ITT and president of ITT Industrial Process since 2009. A certified public accountant, Pagano joined ITT in 1997 and served in several management roles including vice president finance, corporate controller, and president of Industrial Products.

Chicles, 52, joined ITT in 2006 from American Standard Inc, where he was vice president of corporate business development. Prior to this position, he had a 17-year career with Owens Corning in a series of progressively responsible operational positions, rising to head of Corporate Development and Strategy.