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Ingersoll Rand logoIngersoll Rand IR

The company said that on July 14, 2025, its board reset the board size to 9 directors and appointed Aurobind Satpathy as a director, effective July 15, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that on July 14, 2025, its board reset the board size to 9 directors and appointed Aurobind Satpathy as a director, effective July 15, 2025.

  2. The company said Mr. Satpathy will serve until the 2026 Annual Meeting of Stockholders and was appointed as a member of the Nominating and Corporate Governance Committee and the Sustainability Committee, effective upon becoming a director.

  3. The company said its board determined that Mr. Satpathy is an independent director under, among other standards, the New York Stock Exchange listing standards. It said he will be compensated on a prorated basis under the non-employee director compensation policy, including restricted stock units (RSUs) to be granted on August 6, 2025.

  4. In its press release, the company said Mr. Satpathy is currently a senior partner at McKinsey & Company and led multi-billion-dollar mergers and acquisitions over a career of about 30 years.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Board Size Reset to 9 Directors; Aurobind Satpathy Appointed

The company said that on July 14, 2025, its board reset the board size to 9 directors and appointed Aurobind Satpathy as a director, effective July 15, 2025.

Source · Based on the filing body and exhibits

Satpathy Serves Until 2026 Annual Meeting; Committee Assignments

The company said Mr. Satpathy will serve until the 2026 Annual Meeting of Stockholders and was appointed as a member of the Nominating and Corporate Governance Committee and the Sustainability Committee, effective upon becoming a director.

Source · Based on the filing body and exhibits

Independence Determination and Compensation (RSUs Expected)

The company said its board determined that Mr. Satpathy is an independent director under, among other standards, the New York Stock Exchange listing standards. It said he will be compensated on a prorated basis under the non-employee director compensation policy, including restricted stock units (RSUs) to be granted on August 6, 2025.

Source · Based on the filing body and exhibits

Senior Partner Experience at McKinsey & Company

In its press release, the company said Mr. Satpathy is currently a senior partner at McKinsey & Company and led multi-billion-dollar mergers and acquisitions over a career of about 30 years.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.