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 associate at KKR and is co-head of its personal equity enterprise in the Americas and co-chair of its Inclusion and Diversity Council.
“I am retiring from the chairman position with absolutely the confidence that Vicente is the right person to steer Ingersoll Rand into the next part of its progress story,” said Stavros. “His experience in transformative leadership and worthwhile progress, whereas focusing on employee possession and engagement, shall 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 city, I had a deep ardour to be successful and assist others alongside the greatest way,” said Reynal. “With the chairman function, I’m excited to hold ahead the shared philosophy Pete and I even have that broad-based employee possession and being a objective and value driven organisation are foundational components of long-term performance and shareholder worth creation.”
เกจวัดแรงดันแก๊สอาร์กอน , a associate in KKR’s personal equity enterprise and leader 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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