New president for ITT’s Industrial Process business

ITT Inc has appointed Fernando Roland as president of its Industrial Process (IP) business, reporting to CEO Luca Savi.

Fernando Roland.
Fernando Roland.

Roland succeeds David Steblein, who retired earlier this year after more than 30 years with the company.

IP, one of ITT's three segments, manufactures 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.

"I'd like to welcome Fernando and express our enthusiasm for his appointment,” said Savi. “With broad leadership and manufacturing experience, he's well equipped to guide IP through the execution of complex, large-scale green energy projects while growing its core pumps and valves business."

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.