Ingersoll Rand Inc’s board of directors has appointed Vicente Reynal as chairman of the corporate.
Reynal will assume the chairman position in addition to 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 personal fairness business within the Americas and co-chair of its Inclusion and Diversity Council.
“I am retiring from the chairman role with absolutely the confidence that Vicente is the right individual to lead Ingersoll Rand into the next part of its growth story,” mentioned Stavros. “His experience in transformative management and profitable growth, whereas 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.
เกจวัดแรงดันถังลม Coming from a small, rural Puerto Rican town, I had a deep passion to achieve success and help others along the way,” stated Reynal. “With the chairman role, I’m excited to carry forward the shared philosophy Pete and I even have that broad-based worker possession and being a objective and worth pushed organisation are foundational elements of long-term performance and shareholder worth creation.”
Josh Weisenbeck, a associate in KKR’s private fairness enterprise and chief 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 executive vp and chief monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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