Rand Araskog | |
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Born | Rand Vincent Araskog October 31, 1931 Fergus Falls, Minnesota, U.S. |
Died | August 9, 2021 Palm Beach, Florida, U.S. | (aged 89)
Alma mater | West Point, Harvard University |
Occupation(s) | Manufacturing executive, investor, writer |
Employer(s) | Honeywell, ITT Corporation |
Known for | CEO of ITT Corporation |
Spouse | Jessie M. Gustafson Araskog |
Children | 3 |
Rand Vincent Araskog (October 31, 1931 – August 9, 2021) was an American manufacturing executive, investor, and writer who was the CEO of ITT Corporation. During his time as the CEO between 1979 and 1998 he was known for divesting the conglomerate of multiple businesses including hotels, rental cars, and insurance to retain its focus on its core telecom businesses.