George Bitto, Executive Vice President and Chief Financial Officer at Versum Materials Inc

George Bitto is the Executive Vice President and Chief Financial Officer of Versum Materials Inc. In 2017, his total compensation amounted to $3,159,668.

George has been employed at Air Products in Allentown, PA since 1999 and served as its vice president, treasurer and chief risk officer before being promoted to EVP and CFO at Versum Materials.

Early Life and Education

George Bitto was the first of the three Bitto boys to earn a college degree. He graduated from Villanova University with a Bachelor of Science in Electrical Engineering, and went on to receive his Master of Business Administration from Wharton School at University of Pennsylvania.

He was an accomplished writer, having published numerous short stories and the novel The Strays. A passionate sports fan with a lifelong obsession for basketball, he was proud to belong to Lehigh Country Club in Scottsdale, Arizona where he played golf occasionally. Most notably though, he was married to Nancy Bitto for 41 years; survived by her and three sons: Gregory, Daniel and Steven.

Professional Career

George Bitto had an extensive professional career in business. He held various leadership roles at Air Products, such as Vice President of Finance, Chief Risk Officer and Treasurer; later moving onto Versum Materials in Tempe, Arizona as Executive Vice President and Chief Financial Officer.

Throughout his professional career, he earned many accolades for his efforts. One of them was an honorary degree from Villanova University for his contributions to the industry. Most of his successes can be attributed to strong technical proficiency, superior interpersonal abilities and a set of guiding values he upheld throughout his tenure; these attributes helped him become an influential member in the business world.

Achievements and Honors

George Bitto was an esteemed educator and leader in audio engineering. As an AES Fellow, he earned numerous accolades for his devotion to the Society’s mission.

He served on the AES Board of Governors and various committees, including that for Latin America. Furthermore, he chaired multiple AES conferences and was an influential leader within the Society’s Educational Foundation.

He was an inspiring educator and dedicated mentor to students. As the first member of his family to graduate college, he passed on his enthusiasm for learning to his pupils. Currently teaching math and history at Antioch Community High School in Emmaus, PA, he also coaches the varsity running backs for the school.

Personal Life

George Bitto was an accomplished executive with a long list of professional accomplishments. He held several senior positions at Air Products, a leader in lubricants and specialty chemicals production. Later, George joined Versum Materials, which manufactures engineered polymers and other industrial chemicals.

He was the first member of his family to attain higher education, receiving a bachelor’s degree in electrical engineering from Villanova University before going on to earn a master’s degree in business administration from the Wharton School. When not at work, he enjoyed following basketball and playing golf – but most importantly spending time with his beloved wife of 41 years and their vibrant daughter Julia Lynne “Jules” Bitto who passed away at 6 years old on March 14th 2019 from complications caused by cancer. She will be missed by her devoted parents, brother Gregory and wife Chelsea as well as brother Steven; all who loved her dearly.

Net Worth

George Bitto served as Executive Vice President and Chief Financial Officer at Versum Materials, earning a total compensation of $3,159,668 for the 2017 fiscal year. This salary was paid out in cash, stock, and other forms of compensation; additionally, he owned 61,606 shares of Versum Materials’ common stock.

He inherited most of his wealth from his parents. George and Lillian Bitto, born and raised in Emmaus, Pennsylvania, raised him as a passionate Philadelphia sports fan and season ticket holder. For 41 years he was happily married to Nancy Bender; survived by his wife, three sons, sister-in-law and their husband; also survived by an auntie and her husband. He will be greatly missed by family and friends alike.