Vicente Reynal

Chairman of the Board, CEO, and President at Ingersoll Rand

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

EMH

Elizabeth M. Hepding

Senior Vice President of Strategy and Corporate Development

KMK

Kathleen M. Keene

Senior Vice President and Chief Human Resources Officer

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

Organization	Role	Date Range	Details
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

Organization	Role	Date Range	Details
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 Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,133,000	Annual	Fixed base salary payment.
All Other Compensation	$175,945	Annual	Matching 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] (%)	Threshold	Target	Maximum	Actual Achievement
Adjusted EPS (75%)	$2.28	$2.53	$2.78	200% payout
Free Cash Flow (25%)	$931M	$1,035M	$1,138M	200% payout

Component Detail	Amount
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 Measure	Weight	Threshold (PSUs)	Target (PSUs)	Maximum (PSUs)	Evaluation Period
Relative TSR	N/A	30,229	60,459	120,918	Jan 1, 2023 – Dec 31, 2025

Grant Detail	Value
Grant Date	Feb 23, 2023
Grant Date Fair Value (PSUs)	$4,565,864
Grant Date Stock Price	$57.89

Stock Options

Detail	Value
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 Metric	Condition	Actual Result
Adjusted EPS Growth	> 12% (Requirement)	~13% achieved

Option Details	Value
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 Condition	Required Growth	Actual Growth
Adjusted EPS Growth	> 12%	~20%

Stock Option Details	Value
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