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Herbert L. Henkel was elected chairman of the Board of Directors of Ingersoll-Rand Company in May 2000. Also, he retained his previous titles of president and chief executive officer of the company. He graduated from Brooklyn Technical High School. [1]
Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all ...
In May 2012, Trian announced that in partnership with CalSTRS, it had a 7% stake in Ingersoll Rand. In August, Peltz joined its board. Trian and Peltz spearheaded a move to break up the company to improve profitability. [7] Ingersoll Rand eventually agreed to spin off its securities business as Allegion, which was completed in December 2013. [8]
Ingersoll Rand Joins Advisory Council of Sustainability Accounting Standards Board (SASB) SASB to create sustainability standards for 89 industries across 10 sectors SWORDS, Ireland--(BUSINESS ...
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In August 2014, it was announced that Ingersoll-Rand would acquire the centrifugal compression unit of Cameron International for $850 million. [10] In October 2018, Ingersoll Rand received takeover interest in its power tools business, which was slated to be worth up to $750 million in a potential sale. Power Tools is the oldest business with ...
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