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Leadership change Apr 2019 Verified

Vicente Reynal to Lead New Combined Industrial Company

Gardner Denver CEO Vicente Reynal will become CEO of the new combined industrial company, which will assume the Ingersoll Rand name. Mike Lamach will continue as Chairman and CEO of the pure-play Climate company.

“The new industrial company will have pro forma revenue of $6.6 billion and $1.6 billion, respectively. We expect it will assume the Ingersoll Rand company name and stock ticker symbol and will be led by Gardner Denver's CEO, Vicente Reynal.”

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Other Sentiment: Positive

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