Ingersoll Rand Names Scott Watson as Leader for Life Science Technologies Platform
25 June 2024 - 10:15PM
Ingersoll Rand Inc. (NYSE: IR), a global provider of
mission-critical flow creation and life science and industrial
solutions, today announced Scott Watson, former chief operating
officer of ILC Dover (“ILC”), to serve as the senior vice president
and general manager of the Life Science Technologies platform,
effective immediately. He succeeds Corey Walker, who left the
company to pursue an external opportunity.
Scott is responsible for delivering ILC’s global strategy across
commercial, operations, and new product development activities, and
as of January 1, 2025, leadership over the legacy Ingersoll Rand
medical business.
As Chief Operating Officer for ILC, the world-leader in the
design and production of highly innovative solutions across life
science end markets, Scott was responsible for the day-to-day
strategy and execution of the company’s global operations,
end-to-end supply chain, and manufacturing processes which led to
the company’s operational and financial strength.
His experience and strong discipline across business functions
(operations, supply chain, and product development) and execution
of M&A makes him well-suited to further grow and develop the
life sciences platform.
“Scott brings decades of experience in driving revenue and
operational excellence, and has been instrumental in ILC Dover’s
success,” said Vicente Reynal, chairman and chief executive officer
of Ingersoll Rand. “I am confident Scott will lead the business
with the level of depth and accountability needed to ensure
success.”
Scott holds a Master of Business Administration from
Northwestern University’s Kellogg School of Management, a Master of
Engineering Management from Northwestern University’s McCormick
School of Engineering and Applied Sciences, and a Bachelor of
Business Administration from Ohio University.
Forward-Looking StatementsThis news release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements related to Ingersoll Rand Inc.’s (the “Company” or
“Ingersoll Rand”) expectations regarding the performance of its
business, its financial results, its liquidity and capital
resources and other non-historical statements. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,”
“forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,”
“intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,”
“would,” “will be,” “on track to” “will continue,” “will likely
result,” “guidance” or the negative thereof or variations thereon
or similar terminology generally intended to identify
forward-looking statements. All statements other than historical
facts are forward-looking statements.
These forward-looking statements are based on Ingersoll Rand’s
current expectations and are subject to risks and uncertainties,
which may cause actual results to differ materially from these
current expectations. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those indicated
or anticipated by such forward-looking statements. The inclusion of
such statements should not be regarded as a representation that
such plans, estimates or expectations will be achieved. Important
factors that could cause actual results to differ materially from
such plans, estimates or expectations include, among others, (1)
adverse impact on our operations and financial performance due to
natural disaster, catastrophe, global pandemics (including
COVID-19), geopolitical tensions, cyber events or other events
outside of our control; (2) unexpected costs, charges or expenses
resulting from completed and proposed business combinations; (3)
uncertainty of the expected financial performance of the Company;
(4) failure to realize the anticipated benefits of completed and
proposed business combinations; (5) the ability of the Company to
implement its business strategy; (6) difficulties and delays in
achieving revenue and cost synergies; (7) inability of the Company
to retain and hire key personnel; (8) evolving legal, regulatory
and tax regimes; (9) changes in general economic and/or industry
specific conditions; (10) actions by third parties, including
government agencies; and (11) other risk factors detailed in
Ingersoll Rand’s most recent Annual Report on Form 10-K filed with
the Securities and Exchange Commission (the “SEC”), as such factors
may be updated from time to time in its periodic filings with the
SEC, which are available on the SEC’s website
at http://www.sec.gov. The foregoing list of important factors
is not exclusive.
Any forward-looking statements speak only as of the date of this
release. Ingersoll Rand undertakes no obligation to update any
forward-looking statements, whether as a result of new information
or development, future events or otherwise, except as required by
law. Readers are cautioned not to place undue reliance on any of
these forward-looking statements.
About Ingersoll Rand Inc.Ingersoll Rand Inc.
(NYSE:IR), driven by an entrepreneurial spirit and ownership
mindset, is dedicated to Making Life Better for our employees,
customers, shareholders, and planet. Customers lean on us for
exceptional performance and durability in mission-critical flow
creation and life science and industrial solutions. Supported by
over 80+ respected brands, our products and services excel in the
most complex and harsh conditions. Our employees develop customers
for life through their daily commitment to expertise, productivity,
and efficiency. For more information, visit www.IRCO.com.
Contacts:
Investor Relations:Matthew.Fort@irco.com
Media:Sara.Hassell@irco.com
Ingersoll Rand (NYSE:IR)
Historical Stock Chart
From Dec 2024 to Jan 2025
Ingersoll Rand (NYSE:IR)
Historical Stock Chart
From Jan 2024 to Jan 2025