Leadership change Aug 2012 · Ireland Verified
Nelson Peltz and Trian Fund Management Join Ingersoll-Rand Board
Effective August 13, 2012, Ingersoll-Rand plc elected Nelson Peltz, CEO and founding partner of Trian Fund Management, L.P., as an independent director. He was also appointed to the Corporate Governance and Nominating Committee and the Finance Committee. The company entered into a letter agreement with Mr. Peltz and Trian Fund Management in connection with the election.
“Effective August 13, 2012, the Board of Directors (the “Board”) of Ingersoll-Rand plc (the “Company”) elected Nelson Peltz to serve as an independent director on the Company's Board. The Board also appointed Mr. Peltz to serve as a member of the Board's Corporate Governance and Nominating Committee and Finance Committee.”
Entities
Ingersoll Rand · Mentioned Trian Fund Management, L.P. · Mentioned
HVAC Sentiment: Neutral
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