ITT Corporation has promoted Colleen Ostrowski to vice president and treasurer, reporting to Denise Ramos, ITT senior vice president (SVP) and chief financial officer (CFO). Ostrowski assumes the treasurer position from Ramos, who has led the treasury function as acting treasurer since June.
In this role, Ostrowski will have global operating responsibility for the treasury organization, including capital markets, pension, cash management, international treasury and risk management.
Ostrowski joined ITT as assistant treasurer in January 2010, and has led global cash management, cash forecasting and liquidity management. She has also served as a member of the company’s pension fund trust and investment committee and the benefits administration committee.
Prior to joining ITT, Ostrowski had a 10-year career in finance and treasury with Pfizer, culminating in the role of senior director, treasury pension investments and finance. She holds a BSc with an emphasis in international business from Juniata College in Huntingdon, Pa, and a MBA degree in finance from Penn State University.