Ingersoll Rand Inc’s board of directors has appointed Vicente Reynal as chairman of the company.
Reynal will assume the chairman position 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 partner at KKR and is co-head of its non-public fairness enterprise in the Americas and co-chair of its Inclusion and Diversity Council.
เพรสเชอร์เกจวัดแรงดันน้ำ am retiring from the chairman function with absolutely the confidence that Vicente is the right individual to lead Ingersoll Rand into the subsequent phase of its progress story,” stated Stavros. “His expertise in transformative management and worthwhile progress, while specializing in 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 town, I had a deep passion to be successful and assist others along the way,” said Reynal. “With the chairman position, I’m excited to hold ahead the shared philosophy Pete and I actually have that broad-based worker possession and being a purpose and worth driven organisation are foundational components of long-term performance and shareholder value creation.”
Josh Weisenbeck, a companion in KKR’s personal fairness business and chief of its Industrial staff, has also retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. Donnelly, retired govt vp and chief monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.