Ingersoll-Rand creates, fills executive communications position

WOODCLIFF LAKES, NJ: Industrial giant Ingersoll-Rand has created a VP of IR and communications post and tapped a well-respected number-cruncher to fill it.

WOODCLIFF LAKES, NJ: Industrial giant Ingersoll-Rand has created a VP of IR and communications post and tapped a well-respected number-cruncher to fill it.

WOODCLIFF LAKES, NJ: Industrial giant Ingersoll-Rand has created a

VP of IR and communications post and tapped a well-respected

number-cruncher to fill it.



The company hired Allied Signal veteran Matthew Farrell earlier this

month to fill the new position, bringing him in only two weeks before

the company released its second-quarter earnings report.



’External communications are very important to the earnings process,’

said Farrell. ’So I got to go on a deep dive very quickly.’ His timing

was quite good: Ingersoll-Rand reported record Q2 earnings of dollars

183.4 million, a 17% increase over last year’s levels.



Farrell, who will be responsible for the company’s IR, public affairs

and media and government relations programs, reports directly to

president and chief executive Herb Henkel, elected chairman of the

company in May.



’Matt’s responsibilities will include managing the company’s relations

with major investors and buy-side and sell-side analysts,’ said

Henkel.



No stranger to big business, Farrell arrives at Ingersoll-Rand from

Honeywell International (formerly Allied Signal), where he was CFO of

the company’s specialty chemicals business. He began his career at KPMG

Peat Marwick.



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