Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the corporate.
Reynal will assume the chairman position along with 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 companion at KKR and is co-head of its non-public fairness 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 individual to steer Ingersoll Rand into the following phase of its progress story,” said Stavros. “His expertise in transformative management and profitable growth, whereas focusing on worker ownership and engagement, will 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 ardour to be successful and help others alongside the finest way,” said Reynal. “With the chairman position, I’m excited to hold ahead the shared philosophy Pete and I even have that broad-based employee possession and being a function and worth pushed organisation are foundational elements of long-term efficiency and shareholder worth creation.”
Josh Weisenbeck, a companion in KKR’s non-public equity enterprise and leader of its Industrial team, has additionally retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. เกจวัดแรงดันถังลม , retired govt vp and chief monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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