Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the company.
Reynal will assume the chairman function along with his roles of president and CEO of Ingersoll Rand.
เกจวัดแรงดันเชื้อเพลิง 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 function with absolutely the confidence that Vicente is the proper person to guide Ingersoll Rand into the following part of its growth story,” mentioned Stavros. “His experience in transformative management and profitable growth, while focusing on employee ownership and engagement, might 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 town, I had a deep passion to obtain success and help others along the method in which,” mentioned Reynal. “With the chairman position, I’m excited to hold ahead the shared philosophy Pete and I actually have that broad-based employee possession and being a purpose and worth pushed organisation are foundational parts of long-term performance and shareholder worth creation.”
Josh Weisenbeck, a associate in KKR’s non-public equity business 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 executive vice chairman and chief financial officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.