Published on 9 May 2024 on Simply Wall St. via Yahoo Finance
The Compensation For ITT Inc.'s (NYSE:ITT) CEO Looks Deserved And Here's Why
Key Insights
ITT's Annual General Meeting to take place on 15th of MaySalary of US$1.09m is part of CEO Luca Savi's total remunerationThe overall pay is comparable to the industry average ITT's EPS grew by 84% over the past three years while total shareholder return over the past three years was 51%
We have been pretty impressed with the performance at ITT Inc. (NYSE:ITT) recently and CEO Luca Savi deserves a mention for their role in it. Shareholders will have this at the front of their minds in the upcoming AGM on 15th of May. It is likely that the focus will be on company strategy going forward as shareholders hear from the board and cast their votes on resolutions such as executive remuneration and other matters. In light of the great performance, we discuss the case why we think CEO compensation is not excessive.