ACHRNEWS

Aug. 1, 2011: Ingersoll Rand Names Gary Michel President of Residential Solutions Business

August 1, 2011

SWORDS, Ireland - Ingersoll-Rand plc has announced the appointment of Gary S. Michel, a 26-year company veteran, as president of its Residential Solutions business, effective Aug. 1. He replaces Steven B. Hochhauser, who is leaving the company to pursue other business opportunities.

Since 2007, Michel has been chief executive officer of Ingersoll Rand’s Club Car business. In his new role, he will report to Michael W. Lamach, chairman, president, and chief executive officer, and be a member of the company’s Enterprise Leadership Team. He also has been appointed senior vice president of the company by the board of directors. Michel will be based in Carmel, Ind.

“Gary is an outstanding, results-oriented leader who has driven growth of our Club Car business during a difficult economic market,” said Lamach. “He understands the importance of delivering on customer expectations, and maintaining close relationships with dealers and channel partners, resulting in strong brand loyalty and enhanced brand reputation. His extensive company tenure, proven operational skills, and demonstrated leadership have prepared him well for this new challenge. I am confident that he is the right leader to grow our Residential Solutions business, and I am especially pleased to promote someone who has built such a long and successful career with Ingersoll Rand.”

The Ingersoll Rand Residential Solutions business includes the Trane®, American Standard® Heating & Air Conditioning, and Schlage® brands. Its products, services, and solutions include heating and air conditioning systems, indoor air quality solutions, advanced controls, mechanical and electronic locks, portable security systems, and remote home management. Its 2010 revenues were approximately $2.1 billion.

Prior to being named CEO of Club Car, Michel served in multiple leadership roles with the company, including executive director, corporate development; president, road development construction technologies; president, utility equipment construction technologies; and vice president and general manager, utility equipment. He joined Ingersoll Rand in 1985 as an application engineer and subsequently held product, sales, and business management roles.

For more information, visit www.ingersollrand.com.

Publication date: 08/01/2011