Ingersoll Rand appoints Vicente Reynal as chairman

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. Stavros is a partner at KKR and is co-head of its non-public equity enterprise within the Americas and co-chair of its Inclusion and Diversity Council.
“I am retiring from the chairman function with absolutely the confidence that Vicente is the best individual to lead Ingersoll Rand into the subsequent phase of its progress story,” stated Stavros. “ เกจ์แรงดัน in transformative leadership and profitable growth, 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 passion to be successful and assist others alongside the best way,” mentioned Reynal. “With the chairman role, I’m excited to hold ahead the shared philosophy Pete and I have that broad-based worker possession and being a purpose and value pushed organisation are foundational elements of long-term efficiency and shareholder value creation.”
Josh Weisenbeck, a partner in KKR’s personal equity business and leader of its Industrial staff, 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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