Ingersoll Rand Names Gary Michel President of Residential Solutions Business

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

Since 2007, Michel, 49, has been CEO 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 brands Schlage, Trane and American Standard Heating & Air Conditioning. Its products, services and solutions include mechanical and electronic locks, heating and air conditioning systems, indoor air quality solutions, advanced controls, portable security systems and remote home management. 2010 revenues for this business were approximately $2.1 billion.

Ingersoll Rand will name Michel’s successor at Club Car in the near future.

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. Michel received a Bachelor of Science degree from Virginia Polytechnic Institute and State University (Virginia Tech) and a Master of Business Administration degree from the University of Phoenix.

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