Aug. 7, 2013: Ingersoll Rand Announces Retirement of CFO Steve Shawley
He Will Stay in Current Role Until a Successor Is Named
SWORDS, Ireland — Ingersoll-Rand plc has announced that Steve Shawley, senior vice president and chief financial officer, plans to retire after a career spanning more than 39 years, including 20 years with Ingersoll Rand and Thermo King, a brand of Ingersoll Rand. The company is conducting a search for his successor. Shawley will continue in his current role until a successor is named, which is planned before the end of the year.
“It has been my privilege and honor to know and work with Steve for the past nine years,” said Michael W. Lamach, chairman and chief executive officer. “Steve has been a key part in the company’s growth and success, giving endlessly of his time and talents to strengthen the company. We will miss his guidance and leadership, but we know the strong teams, culture, and financial discipline he developed will shape Ingersoll Rand for years to come.”