Posted June 13, 2017

ITT names Industrial Process president

ITT Inc.appointed David J. Malinas as president of its Industrial Process business, reporting to Luca Savi, ITT's chief operating officer.

ITT's Industrial Process business employs about 2,500 people globally and had 2016 revenues of approximately $830 million. The business designs and manufactures pumps and valves for the oil and gas, chemical, mining and industrial markets. Its brands include Goulds Pumps, Bornemann, Engineered Valves, PRO Services and C'treat.

"David is a strong global leader with an impressive track record," said Denise Ramos, ITT CEO and president. "He has a strong operational background and deep experience in key areas such as strategy, marketing and new product development, process improvement and people leadership. These capabilities – along with his proven ability to transform business performance – will be a strong strategic fit for ITT and help IP drive operational excellence, strengthen customer intimacy and accelerate global growth."

Malinas joins ITT from Thermo Fisher Scientific, where he most recently vice president and general manager of the Controlled Temperature Technologies Business Unit.