General Manager Specialty Division - Ingersoll Rand : Job Details

General Manager Specialty Division

General Manager Specialty Division

BH Job ID: 1702

SF Job Req ID: 11739

General Manager Specialty Division

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

About Us

Ingersoll Rand is a global leader in industrial solutions, operating over 20-25 industrial equipment brands worldwide with annual revenues of approximately $7 billion. Haskel, established in 1954 and acquired by Ingersoll Rand in 2019, specializes in the design and manufacture of high-pressure and flow-generating equipment, including pumps, gas boosters, air amplifiers, packaged systems, and hydrogen vehicle refuelling stations. As part of the Precision Technologies (PT) division, Haskel plays a pivotal role in driving growth, particularly with the rise in demand for hydrogen fuels.

Job Summary

We are seeking an experienced and dynamic business leader with international expertise to serve as Managing Director of the Haskel Specialty Business Unit. This role is critical to scaling Haskel's business, overseeing its four key units: Liquid Gas/High Pressure, BU Tech Valves, Hydrogen Business, and Hartell. With significant growth potential, this position will play a vital role in expanding operations, leading M&A activities, and enhancing market position. The role will have a direct interface with the CEO, senior PT leaders, and will drive strategic initiatives.

Responsibilities

Strategic Leadership: Lead the Haskel Specialty business unit in developing and executing strategic plans aligned with Ingersoll Rand's global growth goals. Ensure the long-term success of the unit through financial planning, operations management, and commercial expansion.

Business Growth: Oversee all aspects of scaling the business, including recruitment, retention, and development of key talent. Drive revenue growth through new market opportunities, particularly in hydrogen technology.

Operational Management: Manage Haskel's diverse global team across operations, engineering, sales, marketing, R&D, and aftermarket services. Ensure alignment with functional leaders in finance, HR, and IT.

Mergers & Acquisitions (M&A): Collaborate with M&A leaders to develop strategies for acquisitions, partnerships, and investments. Identify potential gaps in the portfolio, particularly in hydrogen technologies and cryogenics.

Stakeholder Engagement: Build and maintain strong relationships with key stakeholders, including C-suite executives, global customers, and external partners.

Financial Acumen: Manage and track P&L performance, budget expenditures, and financial targets. Provide leadership on financial decisions and ensure compliance with corporate financial objectives.

Market Expertise: Utilize deep knowledge of international markets to navigate the complexities of global business, identifying opportunities for growth and ensuring success in various regions.

Innovation and Development: Stay abreast of emerging industry trends, particularly in alternative energy solutions. Drive innovative solutions that align with business growth and sustainability.

Key Competencies

Leadership and Integrity: Demonstrate high ethical standards, integrity, and strong leadership abilities. Maintain a culture of trust, collaboration, and transparency across all teams.

Results-Oriented: Show a tenacious commitment to achieving strategic goals. Focus on delivering results and driving the business forward, even in challenging environments.

Commercial Acumen: Possess strong commercial understanding, with the ability to manage complex projects, optimize resources, and think strategically about growth opportunities.

Collaboration: Encourage teamwork and collaboration across all divisions. Value and support contributions from diverse perspectives and foster an inclusive environment.

M&A Expertise: Extensive experience in managing mergers and acquisitions, with the ability to identify, evaluate, and integrate potential acquisitions or business partnerships.

Global Experience: Proven ability to manage large-scale industrial projects in international markets, navigating cultural differences and market dynamics.

Basic Qualifications

* Minimum 10 years of leadership experience in industrial products, with at least 3 years in a GM, Senior Director, or VP role.

* Bachelor's degree required; Masters degree preferred.

* Significant international business experience, including managing large-scale engineering projects.

* Expertise in mergers and acquisitions, contract management, and supply chain capabilities.

* Strong understanding of ERP, MRP, and automated process systems.

* Experience in scaling businesses in high-growth environments, with a focus on hydrogen technologies

Travel & Work Arrangements/Requirements

This role requires extensive international travel (75%+), primarily within Europe where the business hub is located.

Key Competencies

* Strong financial acumen with the ability to manage and understand P&L effectively.

* Excellent communication and public speaking skills, with experience interfacing with C-suite customers and stakeholders.

* Cultural awareness and diversity-someone who has international exposure and appreciates the nuances of different markets.

What we Offer

At Ingersoll Rand, we embrace a culture of personal ownership - taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.

At Ingersoll Rand, we think and act like owners - of our business, our communities, our planet, and our health too. The Ingersoll Rand benefits program provides you with the tools and resources to take accountability for your health so that we can continue to help make life better.

The pay range for this role is $175,000 - $250,000. The pay range takes into account a wide range of factors that are considered in making compensation decisions including, but not limited to, skills; experience and training; licensure and certifications; and other business and organizational needs. The disclosed pay range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Ingersoll Rand, it is not typical for an individual to be hired at or near the top of the pay range for their role and compensation decisions are dependent on the facts and circumstances of each case.

MIP Eligible Role:

You will be eligible to earn an annual cash incentive award under the Ingersoll Rand Management Incentive Plan ( MIP ), subject to the terms and conditions of such plan which may be amended in the sole discretion of the company from time to time. Your target annual incentive opportunity under the MIP for each fiscal year will be 15% - 30% of your annual base salary for the given fiscal year. Your actual annual cash incentive award may be greater or less than your target annual incentive opportunity, depending on the company's performance against its set goals.

The specific performance objectives and measures for your annual incentive opportunity will be defined and reviewed for each fiscal year, and your annual incentive award will be calculated, approved, and paid after financial results for the given fiscal year have been finalized, all in accordance with the terms of the MIP. For 2024, your bonus will be prorated based on the date of hire into this position.

LTIP Eligible Role:

You will be eligible to participate in Ingersoll-Rand's long-term incentive plan, subject to the terms and conditions of such plan which may be amended in the sole discretion of the Company from time to time. Your target annual equity grant opportunity under the plan will be 15% - 30%, with your actual award being more or less than your target opportunity depending on your individual performance and the Company's performance against its goals and otherwise as may be provided under the plan. The annual equity grant under our long-term incentive plan currently consists of 50% Stock options and 50% restricted stock units, which is subject to change if changes are made to the overall plan. You will be eligible to receive an annual equity grant in 2025 and this grant will vest in equal installments over a 4-year period, subject to final approval by the Ingersoll-Rand Compensation Committee.

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Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.