Ingersoll Rand Inc’s board of administrators has appointed Vicente Reynal as chairman of the company.
Reynal will assume the chairman role along with 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. เพรสเชอร์เกจคือ is a associate 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 role with absolutely the confidence that Vicente is the right person to guide Ingersoll Rand into the subsequent section of its growth story,” stated Stavros. “His experience in transformative management and worthwhile progress, while specializing in employee ownership and engagement, shall 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 obtain success and help others along the way,” stated Reynal. “With the chairman function, I’m excited to carry ahead the shared philosophy Pete and I have that broad-based employee ownership and being a function and worth driven organisation are foundational parts of long-term performance and shareholder worth creation.”
Josh Weisenbeck, a associate in KKR’s private equity business and leader 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 executive vice chairman and chief financial officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.