ITT Inc. Appoints Fernando Roland President of Industrial Process Business
August 01, 2023 at 06:30 am EDT
Share
ITT Inc. announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi. Roland succeeds David Steblein, who retired earlier this year after more than 30 years with the company. IP, one of ITT's three segments, is a global leader in centrifugal and twin-screw pumps for chemical, energy, mining and industrial markets. Roland joins ITT after two decades in various senior leadership roles at multinational manufacturing conglomerates, including Continental AG, Hyosung Corporation and DuPont. He most recently served as Senior Vice President of Continental AG's Customer Engineered Solutions Americas segment, where he drove strategy and execution for its
industrial products business area. Roland holds an MBA from the University of Manchester (UK) and an MS in Strategic and Economic Business Management from Fundação Getulio Vargas (Brazil). He will be based at IP's headquarters in Seneca Falls, New York and will be part of the ITT executive leadership team.
ITT Inc. is a diversified manufacturer of engineered critical components and customized technology solutions for the transportation, industrial and energy markets. Its segments include Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). The MT segment manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets. The IP segment manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts. The CCT segment manufactures connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.