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Leadership change Apr 2019 Verified

Post-merger leadership announced for combined Ingersoll Rand-Gardner Denver

Following the merger, Peter Stavros (KKR executive) will serve as chairman of the board and Vicente Reynal will serve as CEO of the combined company. The board will consist of ten members, with seven selected by Gardner Denver and three by Ingersoll Rand.

“Following the effective time of the Merger, Peter Stavros will be chairman of the board of directors of the combined company and Vicente Reynal will be chief executive officer of the combined company.”

Entities

Ingersoll Rand · Acquirer KKR · Sponsor Gardner Denver Holdings, Inc. · Target
HVACRefrigeration Sentiment: Neutral

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