Background
Araskog, Rand Vincent was born on October 30, 1931 in Fergus Falls, Minnesota, United States. Son of Randolph Victor and Hilfred Mathilda Araskog.
Araskog, Rand Vincent was born on October 30, 1931 in Fergus Falls, Minnesota, United States. Son of Randolph Victor and Hilfred Mathilda Araskog.
Bachelor of Science in Mechanical Engineering, United States Military Academy, 1953. Postgraduate, Harvard University, 1954. Doctor of Humane Letters (honorary), Hofstra University, 1990.
With, Defense Department, Washington, 1954-1959; Special assistant to director, Defense Department, Washington, 1958-1959; director marketing aero division, Honeywell, Inc., Minneapolis, 1960-1966; vice president, ITT Corporation, 1971-1976; executive vice president, ITT Aerospace, Electronics, Components and Energy Group, Nutley, New Jersey, 1976-1979; president, Chief Executive Officer, ITT Corporation, New York City, since 1979; Chairman of the Board, Chief Executive Officer, chairman of the executive and policy committees, ITT Corporation, New York City, since 1980; chairman, president, Chief Executive Officer, ITT Holdings Inc., New York City. Board directors ITT Corporation, Hartford Insurance, Dayton-Hudson Corporation, Shell Oil Corporation, Dow Jones and County, New York Stock Exchange, Federal Reserve Bank of New York. Member National Security Telecommunications Advisory Committee, since 1983.
Member Business Council, Trilateral Commission, Competitiveness Policy Council. Board advisors New York Zoological Society. Member Rockefellow University Council Served with United States Army, 1954-1956.
Member The Business Council, Aerospace Industries Association (board governors), Air Force Association (member executive council), Economic Cub (chairman), Business Roundtable, Council Foreign Relations, Competitiveness Policy Council, Trilateral Commission, Business-Higher Education Forum, West Point Society New York, New York City Partnership (board directors), Links Club, River Club, Meadow Club, Knickerbocker Club, Council United States-Italy (co-chairman).
Married Jessie Marie Gustafson, July 29, 1956. Children: William Roy, Julie Kay, Kathleen Melinda.