Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the company.
Reynal will assume the chairman position along with his roles of president and CEO of Ingersoll Rand.
He succeeds Pete Stavros, who retires from the Ingersoll Rand board after serving as chairman since 2013. Stavros is a partner at KKR and is co-head of its non-public fairness enterprise within the Americas and co-chair of its Inclusion and Diversity Council.
“ เกจวัดแรงดันpressuregauge am retiring from the chairman position with absolutely the confidence that Vicente is the best individual to guide Ingersoll Rand into the subsequent phase of its growth story,” said Stavros. “His experience in transformative leadership and worthwhile development, while specializing in employee ownership and engagement, might be instrumental to the company’s future success.”
Reynal joined the corporate in 2015 as CEO of the Gardner Denver Industrials Segment, and was named president and CEO in 2016. He has served as president and CEO of Ingersoll Rand since March 2020, when he led the merger between Gardner Denver and the Industrials Segment of Ingersoll-Rand plc.
“Coming from a small, rural Puerto Rican city, I had a deep ardour to be successful and help others alongside the means in which,” said Reynal. “With the chairman position, I’m excited to carry forward the shared philosophy Pete and I even have that broad-based employee possession and being a purpose and value driven organisation are foundational components of long-term efficiency and shareholder worth creation.”
Josh Weisenbeck, a partner in KKR’s non-public equity enterprise and leader of its Industrial group, has also retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. Donnelly, retired govt vp and chief financial officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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