Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the company.
Reynal will assume the chairman role along with his roles of president and CEO of Ingersoll Rand.
เกจ์วัดความดัน succeeds Pete Stavros, who retires from the Ingersoll Rand board after serving as chairman since 2013. Stavros is a companion at KKR and is co-head of its private equity business within the Americas and co-chair of its Inclusion and Diversity Council.
“I am retiring from the chairman function with the absolute confidence that Vicente is the right particular person to steer Ingersoll Rand into the subsequent part of its progress story,” stated Stavros. “His expertise in transformative management and worthwhile progress, while focusing on worker possession and engagement, will be instrumental to the company’s future success.”
Reynal joined the company 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 function, I’m excited to carry forward the shared philosophy Pete and I really have that broad-based employee possession and being a objective and worth pushed organisation are foundational parts of long-term performance and shareholder value creation.”
Josh Weisenbeck, a associate in KKR’s non-public fairness enterprise and leader of its Industrial group, has additionally retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. Donnelly, retired govt vice chairman and chief financial officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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