Ingersoll Rand Inc’s board of administrators 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 associate at KKR and is co-head of its non-public equity enterprise within the Americas and co-chair of its Inclusion and Diversity Council.
“I am retiring from the chairman role with the absolute confidence that Vicente is the best individual to lead Ingersoll Rand into the subsequent section of its development story,” stated Stavros. “His experience in transformative leadership and profitable growth, while specializing in employee possession 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 town, I had a deep passion to be successful and assist others along the way,” mentioned Reynal. “With the chairman position, I’m excited to carry ahead the shared philosophy Pete and I have that broad-based employee ownership and being a objective and value pushed organisation are foundational elements of long-term performance and shareholder value creation.”
Josh Weisenbeck, a associate in KKR’s non-public fairness enterprise and chief of its Industrial staff, has also retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. เกจวัดแรงดันออกซิเจนราคา , retired government vice president and chief financial officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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