Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the corporate.
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 companion at KKR and is co-head of its personal equity business within 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 steer Ingersoll Rand into the following part of its development story,” stated Stavros. “His expertise in transformative leadership and worthwhile development, while focusing on 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 ardour to be successful and help others along the method in which,” mentioned Reynal. “With the chairman function, I’m excited to carry forward the shared philosophy Pete and I have that broad-based employee possession and being a purpose and value driven organisation are foundational elements of long-term efficiency and shareholder value creation.”
Josh Weisenbeck, a partner in KKR’s private fairness business and leader of its Industrial team, has also retired from the Ingersoll Rand board.
William (Bill) Donnelly has been appointed as Ingersoll Rand’s lead director. เพรสเชอร์เกจวัดแรงดันน้ำ , retired government vp and chief monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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