Trane Technologies announces CEO Dave Regnery to additional role of Chair of the Board alongside Gary Forsee as Lead Independent Director

– IRELAND, Dublin –  Trane Technologies (NYSE: TOUT), a global climate innovator, today announced the appointment of CEO Dave Regnery to the additional role of chair of the Board of Directors, effective January 1, 2022, to succeed Mike Lamach, who will retire on December 31, 2021.

Gary Forsee, retired chair and CEO of Sprint Nextel Corporation and former president of the University of Missouri System, will continue to serve as the Lead Independent Director.

“Dave’s appointment as chair of the Board is a testament to his strong leadership, strategic vision for the company’s future and focus on value creation for all stakeholders. Dave continues to advance the company’s strong market position and industry leadership in sustainability through a purpose-driven strategy, relentless focus on innovation and strong customer and employee engagement. The Board of Directors is confident the company is well positioned for continued growth and long-term shareholder value. We look forward to working with Dave in his expanded role,” said Lead Independent Director, Gary Forsee.

About Dave Regnery

Regnery was named CEO on July 1, 2021. Throughout his long tenure with the company, he served in various financial and commercial leadership roles, and led several strategic business units around the world, including Commercial HVAC and Transport Refrigeration. He later was named president and chief operating officer, with direct responsibility for the company’s three regional reporting segments, full portfolio of businesses and brands, and global business operations.

“I appreciate the Board’s confidence in me as well as the support of our customers, investors and talented team members around the world,” said Dave Regnery. “There is an incredibly bright future ahead for Trane Technologies as we challenge what’s possible for our industry, and the world. I want to thank Mike Lamach for his countless and invaluable contributions to Trane Technologies, and most of all for his steadfast commitment to making the world a better place.”

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane and Thermo King, and our environmentally responsible portfolio of products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation.

For more information: https://www.tranetechnologies.com/

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