Ingersoll Rand appoints Vicente Reynal as chairman

Ingersoll Rand Inc’s board of directors has appointed Vicente Reynal as chairman of the company.
pressure gauge 10 bar will assume the chairman role 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 personal fairness business within the Americas and co-chair of its Inclusion and Diversity Council.
“I am retiring from the chairman position with the absolute confidence that Vicente is the right person to guide Ingersoll Rand into the next section of its development story,” mentioned Stavros. “His expertise in transformative management and profitable development, whereas focusing on worker 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 way,” said Reynal. “With the chairman role, I’m excited to hold ahead the shared philosophy Pete and I even have that broad-based employee ownership and being a objective and value pushed organisation are foundational parts of long-term performance and shareholder value creation.”

Josh Weisenbeck, a partner in KKR’s private equity enterprise and chief of its Industrial staff, has additionally 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.

Scroll to Top