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    David S. Regnery

    Chair of the Board and Chief Executive Officer at TTrane Technologies PLC
    Board
    Since July 1, 2021
    Age
    62 years
    Tenure
    Joined TT on 08-05-2017 and has held multiple leadership roles including Executive Vice President from 09-2017 to 12-2019, President and Chief Operating Officer from 01-2020 to 06-2021, and currently serves as Chief Executive Officer since 07-01-2021 while also acting as Chair of the Board since 01-01-2022.

    Also at Trane Technologies PLC

    CJK
    Christopher J. Kuehn
    Executive Vice President and Chief Financial Officer
    DES
    Donald E. Simmons
    Group President, Americas
    EE
    Elizabeth Elwell
    Vice President and Chief Accounting Officer

    About

    At 62 years old as of February 6, 2025, this executive has dedicated his entire career to advancing the mission of TT, showcasing a steadfast commitment to innovation and sustainability.

    Having joined the company on 08-05-2017, he quickly ascended through several pivotal roles, beginning as Executive Vice President from September 2017 to December 2019, then moving on to serve as President and Chief Operating Officer from January 2020 to June 2021.

    Since 07-01-2021, he has been leading TT as the Chief Executive Officer, and his appointment as Chair of the Board came on January 1, 2022. His tenure is marked by strategic decisions and bold leadership that have significantly shaped the company’s focus on climate solutions and high-efficiency technologies.

    Beyond his primary roles at TT, his participation in global initiatives such as the Alliance of CEO Climate Leaders for the World Economic Forum underlines a broader dedication to sustainable business practices and climate responsibility.

    $TT Performance Under David S. Regnery

    Past Roles

    OrganizationRoleDate RangeDetails
    Trane TechnologiesPresident and Chief Operating OfficerJanuary 2020 to June 2021Had direct responsibility for the company's three regional reportable segments, including Commercial HVAC and Transport Refrigeration.
    Trane TechnologiesPresident of the Commercial HVAC BusinessN/ALed the launch of the company's EcoWise™ portfolio of products, emphasizing high-efficiency operation and low-GWP refrigerants.
    Trane TechnologiesVarious Leadership RolesN/AHeld multiple leadership roles throughout his career, contributing to expertise in climate solutions and sustainability strategies.

    Fixed Compensation

    Data from  FY 2023
    Component NameAmount ($)Payment ScheduleAdditional Details
    Base Salary1,362,500Annually (2023)Annualized as of 12/31/2023: 1,400,000; Actual paid: 1,362,500
    All Other Compensation584,762Paid in 2023Breakdown: Company Contributions: 351,350, Tax Assistance: 107,305, Personal Use of Aircraft: 85,050, Life Insurance/LTD: 11,108, Executive Health Program: 4,773, Financial Planning: 8,613, Other Benefits: 16,563

    Performance Compensation

    Data from  FY 2023

    Performance Share Units (PSUs)

    AttributeValueAdditional Details
    Performance MetricsCROIC (50%), TSR (50%)Measured relative to the S&P 500 Industrials Index
    Threshold/Target/MaxBelow 25th: 0%, 25th: 25%, 50th: 100%, 75th+: 200%Interpolation applies between percentiles
    Grant DateFeb 7, 2023
    Grant Date Fair Value6,612,147
    Units GrantedTarget: 31,865, Maximum: 63,730
    Vesting Schedule3-year performance period (2023-2025)

    Restricted Stock Units (RSUs)

    AttributeValueAdditional Details
    Grant DateFeb 7, 2023
    Grant Date Fair Value2,875,110
    Units Granted15,933
    Vesting Schedule3 equal annual installments starting on the first anniversary

    Stock Options

    AttributeValueAdditional Details
    Grant DateFeb 7, 2023
    Grant Date Fair Value2,875,006
    Units Granted60,021
    Exercise Price180.45 per share
    Vesting Schedule3 equal annual installments starting on the first anniversary
    Expiration DateFeb 6, 203310-year term from grant

    Non-Equity Incentive Plan Compensation (AIM Program)

    AttributeValueAdditional Details
    Award Amount (2023)4,059,149Actual AIM award for 2023
    Threshold672,000
    Target2,240,000
    Maximum4,480,000
    AIM Financial Score151.01%
    AIM Achievement181.21%