Ingersoll Rand Inc’s board of directors has appointed Vicente Reynal as chairman of the company.
Reynal will assume the chairman function 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. 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 function with the absolute confidence that Vicente is the right particular person to guide Ingersoll Rand into the subsequent section of its progress story,” said Stavros. “His expertise in transformative leadership 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 city, I had a deep passion to achieve success and assist others along the finest way,” mentioned Reynal. “With the chairman role, I’m excited to carry forward the shared philosophy Pete and I even have that broad-based worker ownership and being a purpose and value driven organisation are foundational elements of long-term efficiency and shareholder worth creation.”
pressure gauge digital ราคา , a associate in KKR’s private equity business 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 government vp and chief monetary officer of Mettler-Toledo International Inc, has served on the Ingersoll Rand board since 2017.
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