Ingersoll Rand Inc’s board of directors has appointed Vicente Reynal as chairman of the corporate.
Reynal will assume the chairman role along with his roles of president and CEO of Ingersoll Rand.
pressure gauge 4 นิ้ว 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 equity business in 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 proper person to lead Ingersoll Rand into the next section of its progress story,” stated Stavros. “His expertise in transformative management and worthwhile progress, while focusing on worker 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 city, I had a deep passion to achieve success and assist others along the finest way,” said Reynal. “With the chairman position, I’m excited to carry forward the shared philosophy Pete and I have that broad-based worker ownership and being a function and worth pushed organisation are foundational parts of long-term efficiency and shareholder value creation.”
Josh Weisenbeck, a associate in KKR’s non-public fairness business and chief of its Industrial team, has additionally retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. Donnelly, 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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