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Thomas M. Scalera
Chief Executive Officer
Delticus Group

In addition to his work with Delticus Group Mr. Scalera is the co-founder and President of The Cancer Couch Foundation, a non-profit corporation that funds cutting-edge research for the treatment of Metastatic Breast Cancer. He is also a board member of the Regional Youth Adult Social Action Partnership in Bridgeport, CT, an organization that works to ensure the safe and healthy development of at-risk youth, young adults, and families by actively engaging organizations, public officials, and community leaders.

Mr. Scalera is the Chief Executive Officer of Delticus Group. He is the former Executive Vice President and Chief Financial Officer of ITT Inc., a $3 billion global manufacturer of engineered solutions for the Industrial, Energy, and Transportation markets. He is a proven strategic finance leader that executed two successful public company spinoffs and several strategic acquisitions while generating significant value for shareholders. During his tenure, ITT delivered 11 percent annual earnings growth and ITT’s market capitalization grew 5-fold to over $8 billion. In addition, during his tenure ITT’s legacy asbestos and environmental liabilities were strategically reduced by 50 percent and were positioned for the eventual sale to Delticus Group in 2021.

At ITT, Mr. Scalera was instrumental in establishing the new, post-spin, ITT as a global, multi-industrial company that consistently delivered strong financial results, while maintaining robust liquidity and an investment grade balance sheet. In addition to his CFO responsibilities, Mr. Scalera also effectively led ITT’s Strategic Planning & Corporate Development function.

In 2019 and 2020, Mr. Scalera was named to the Institutional Investor All-America Executive Team as Best CFO. And he was also instrumental in the release of ITT’s first-ever sustainability report that detailed the company’s Environmental, Social and Governance practices.

Prior to joining ITT, Mr. Scalera was the Director of Financial Planning & Analysis at RR Donnelley, a global provider of integrated communications, during a five-year period of intense acquisition activity, that resulted in growth from $2.5 billion to $8 billion in annual revenue. Earlier, Mr. Scalera held financial leadership and SEC reporting positions at Dover Corporation. He began his career at PricewaterhouseCoopers, reaching the level of senior audit manager serving global consumer and industrial product clients, including Dover Corporation and Handy & Harman.

He holds an MBA in finance and international business from New York University, where he graduated with distinction, and a BS in accounting from Fairfield University. He is also a Certified Public Accountant in the State of Connecticut.