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AI brief of an SEC Form 8-K · ITT (ITT)

ITT CFO Emmanuel Caprais to leave May 8; Michael Savinelli named interim CFO

Neutral Impact 4 of 5 leadership Written later

ITT Inc. said its Chief Financial Officer, Emmanuel Caprais, will leave the company for personal reasons effective May 8, 2026, after almost 14 years of service. Treasurer Michael J. Savinelli will serve as interim CFO while the company searches for a successor, and the filing says Caprais's departure is not the result of any disagreement with the company. The change puts a new interim head over finance during the search, which shareholders will want to watch.

Key points

  • Emmanuel Caprais, CFO, departs effective May 8, 2026, and stays as a business advisor to the CEO through July 1, 2026
  • Michael J. Savinelli, Vice President, Treasurer, Chief Tax Officer & Assistant Secretary, becomes interim CFO effective May 8, 2026
  • Savinelli received $300,000 of restricted stock units and will get a $25,000 monthly cash stipend while serving as interim CFO
  • A search for a permanent successor is under way; the filing gives no timeline

The filing

CompanyITT (ITT)
Form8-K, current report
Filed with the SECMay 7, 2026, 6:30 AM ET
Accession number0000216228-26-000039

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.