Ingersoll Rand said the board on June 12, 2025 expanded the role of Michael Weatherred, Senior Vice President, IR Execution Excellence (IRX), Business and Commercial Excellence, to include leadership of the Precision & Science Technologies ("PST") segment.

1. 01

   Ingersoll Rand said the board on June 12, 2025 expanded the role of Michael Weatherred, Senior Vice President, IR Execution Excellence (IRX), Business and Commercial Excellence, to include leadership of the Precision & Science Technologies ("PST") segment.

2. 02

   The company said Weatherred will develop processes, built on IRX, to support growth, margin expansion and optimized capital allocation across PST. The Compensation Committee approved an annual base salary rate of $600,000 and a management incentive plan cash payout opportunity of 85%, effective June 16, 2025.

3. 03

   It said the Compensation Committee approved restricted stock units (RSUs) of $75,000, stock options of $75,000 and performance stock units (PSUs) of $150,000 for Weatherred, and RSUs of $112,500, stock options of $112,500 and PSUs of $225,000 for Andrew Schiesl, Senior Vice President, General Counsel.

4. 04

   The company said the grant date is August 6, 2025. RSUs and stock options vest in equal annual installments of 25% on each of the first four anniversaries of the grant date. PSUs will be evaluated at the end of the performance period from January 1, 2025 to December 31, 2027.

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