– IRELAND, Dublin – Trane Technologies (NYSE: TT), a global climate innovator, today announced the appointment of Gary Forsee as the Lead Independent Director, effective immediately. Mr. Forsee is the retired chair and CEO of Sprint Nextel and former president of the University of Missouri System and succeeds Dick Swift who is retiring after 26 years of dedicated service on the Board of Directors.
“As lead independent director, Gary will offer strategic insights, guidance and expertise on governance matters as we create long-term value for all our stakeholders,” said Board chairman, Mike Lamach. “Given his long tenure on the Board, Gary has a strong understanding of our businesses and end markets. In addition to his deep business and financial acumen, he brings unique experience and insights on talent management, technology and innovation and strategic change. I look forward to working with him in this new capacity.”
Separately, Trane Technologies today announced that Dave Regnery has been appointed chief executive officer, succeeding Mike Lamach, who was named executive chair of the Board of Directors until his retirement sometime in the first half of 2022. These changes are effective July 1.
Gary Forsee joined the Trane Technologies Board of Directors in 2007. He currently serves on the Board’s Compensation Committee, Technology and Innovation Committee and Executive Committee, and since 2008 has chaired the Corporate Governance and Nominating Committee. Forsee will continue to chair this committee, recently rechartered as the Sustainability, Corporate Governance and Nominating Committee, in addition to his role as lead independent director.
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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