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    Vicente Reynal

    Chairman of the Board, CEO, and President at Ingersoll Rand Inc
    Board
    Since January 2016
    Age
    49 years
    Education
    Holds a Bachelor of Science in Mechanical Engineering from the Georgia Institute of Technology and Master of Science degrees in both Mechanical Engineering and Technology & Policy from the Massachusetts Institute of Technology.
    Tenure
    Joined IR in January 2016 as CEO, President, and a board member and was later promoted to Chairman of the Board, CEO, and President in November 2021.

    Also at Ingersoll Rand Inc

    EMH
    Elizabeth M. Hepding
    Senior Vice President of Strategy and Corporate Development
    KMK
    Kathleen M. Keene
    Senior Vice President and Chief Human Resources Officer
    ME
    Matt Emmerich
    Chief Information Officer (CIO)

    About

    Vicente Reynal has built a distinguished career in the industrial and manufacturing sectors with over 25 years of experience in corporate strategy, operational leadership, and new product development. His early roles at organizations including Thermo Fisher Scientific and AlliedSignal Corp., followed by an impactful 11-year tenure at Danaher Corporation, laid a robust foundation for his leadership journey.

    At IR, his progression from joining as CEO, President, and a board member in January 2016 to evolving into the role that encompasses Chairman of the Board, CEO, and President has been marked by a focus on driving growth and profitability. His strategic vision has helped position the company as a global supplier of critical flow control products and services.

    Beyond his executive leadership at IR, Reynal serves on the boards of notable organizations, including American Airlines and Ownership Works, where he advocates for broad-based shared employee ownership. His commitment to linking employee interests with organizational success underscores his forward-thinking approach in the business community.

    $IR Performance Under Vicente Reynal

    Past Roles

    OrganizationRoleDate RangeDetails
    Ingersoll Rand / Gardner Denver President of the Industrials Segment May 2015 - January 2016 Joined Gardner Denver (now part of IR) and led the Industrials segment
    Ingersoll Rand CEO & Member of the Board January 2016 - Promotion to Chairman Served as CEO and board member before assuming the combined role of Chairman, CEO, and President
    Danaher Corporation Group President, Dental Technologies December 2013 - May 2015 Led the KaVo Kerr Group while heading Dental Technologies
    Danaher Corporation President, Ormco Business October 2011 - December 2013 N/A
    Danaher Corporation President, Pelton & Crane, KaVo Business 2007 - 2011 N/A
    Danaher Corporation Vice President, Global Operations (Danaher Motion Platform) 2004 - 2007 N/A
    Thermo Fisher Scientific Various Operational and Executive Roles N/A Held multiple roles with operational and executive responsibilities
    AlliedSignal Corp. Various Roles N/A Held roles prior to its merger with Honeywell in 1999

    External Roles

    OrganizationRoleDate RangeDetails
    American Airlines Board of Directors N/A Active board member
    Ownership Works Advocate N/A Active advocate for broad-based shared ownership programs

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,133,000 AnnualFixed base salary payment.
    All Other Compensation$175,945 AnnualMatching Contributions: $87,780; Company-Paid Life Insurance: $1,544; Tax Preparation & Financial Planning: $14,825; Personal Use of Company Aircraft: $71,796.

    Performance Compensation

    Data from  FY 2023

    Non-Equity Incentive Plan Compensation (2023)

    Metric [Weight] (%)ThresholdTargetMaximumActual Achievement
    Adjusted EPS (75%) $2.28$2.53$2.78200% payout
    Free Cash Flow (25%) $931M$1,035M$1,138M200% payout
    Component DetailAmount
    Base Salary Rate $1,144,000
    Target MIP Percentage 150%
    Target MIP Amount $1,716,000
    Actual Total Payout $3,432,000

    Equity Incentive Plan Awards (2023)

    Performance Stock Units (PSUs)

    Performance MeasureWeightThreshold (PSUs)Target (PSUs)Maximum (PSUs)Evaluation Period
    Relative TSR N/A30,229 60,459 120,918 Jan 1, 2023 – Dec 31, 2025
    Grant DetailValue
    Grant Date Feb 23, 2023
    Grant Date Fair Value (PSUs) $4,565,864
    Grant Date Stock Price $57.89

    Stock Options

    DetailValue
    Number of Options 70,337
    Exercise Price $57.89
    Vesting Schedule Vest on Feb 23, 2028
    Expiration Date Feb 23, 2033
    Grant Date Feb 23, 2023
    Grant Date Fair Value $1,749,985

    Option Awards (2023)

    Performance MetricConditionActual Result
    Adjusted EPS Growth > 12% (Requirement)~13% achieved
    Option DetailsValue
    Number of Options Granted 100,000
    Exercise Price $57.89
    Vesting Schedule Vest on Feb 23, 2028
    Grant Date Feb 23, 2023
    Grant Date Fair Value $2,717,000

    Additional Stock Options (2023)

    Performance ConditionRequired GrowthActual Growth
    Adjusted EPS Growth > 12%~20%
    Stock Option DetailsValue
    Number of Options 100,000
    Exercise Price $57.89
    Vesting Schedule Vest on Feb 23, 2028
    Grant Date Feb 23, 2023
    Grant Date Fair Value $1,749,985