Ingersoll Rand appoints Vicente Reynal as chairman

Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the company.
เกจ์ออกซิเจนsumo will assume the chairman role 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 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 right person to guide Ingersoll Rand into the next section of its development story,” mentioned Stavros. “His expertise in transformative management and worthwhile development, while specializing in employee ownership and engagement, will 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 achieve success and assist others alongside the finest way,” stated Reynal. “With the chairman position, I’m excited to carry forward the shared philosophy Pete and I even have that broad-based worker possession and being a purpose and worth driven organisation are foundational parts of long-term efficiency and shareholder value creation.”
Josh Weisenbeck, a associate in KKR’s private equity enterprise and chief of its Industrial group, has additionally 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 monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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