Ingersoll Rand Inc’s board of directors 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 partner at KKR and is co-head of its non-public fairness business within 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 best individual to guide Ingersoll Rand into the next part of its growth story,” mentioned Stavros. “His experience in transformative leadership and worthwhile progress, whereas specializing in employee possession 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 city, I had a deep ardour to obtain success and help others along the method in which,” said Reynal. “With the chairman role, I’m excited to hold ahead the shared philosophy Pete and I even have that broad-based employee possession and being a function and value pushed organisation are foundational parts of long-term efficiency and shareholder worth creation.”
Josh Weisenbeck, a companion in KKR’s non-public equity business 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. pressure gauge ดิจิตอล , 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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