Ingersoll Rand Inc’s board of directors has appointed Vicente Reynal as chairman of the corporate.
Reynal will assume the chairman function 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 fairness business 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 right individual to guide Ingersoll Rand into the next section of its growth story,” stated Stavros. “His experience in transformative management and worthwhile progress, whereas specializing in employee ownership and engagement, shall be instrumental to the company’s future success.”
เพรสเชอร์เกจวัดแรงดันน้ำ 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 achieve success and assist others alongside the method in which,” stated Reynal. “With the chairman role, I’m excited to carry forward the shared philosophy Pete and I even have that broad-based employee ownership and being a purpose and value driven organisation are foundational elements of long-term efficiency and shareholder value creation.”
Josh Weisenbeck, a companion in KKR’s private 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 govt vice chairman and chief monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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