Access control solutions manufacturer Ingersoll Rand announced Friday that its board of directors has elected Michael W. Lamach to take over as chairman of the company.
Lamach will succeed the retiring Herbert L. Henkel, who has served as chairman of the company since 2000. According to a statement, Lamach will retain his titles of president and CEO.
"The Board has complete confidence in Mike's leadership and commitment to the success of Ingersoll Rand," said Richard Swift, lead independent director of Ingersoll Rand's board. "At the same time, we are deeply appreciative of Herb's invaluable contributions to our company and his assistance in ensuring a seamless and well-planned transition."
Lamach joined Ingersoll Rand in February 2004 as president of the company's security technologies sector and later became president of Trane Commercial Systems in 2008. He was named president and chief operating officer in February 2009 and was named CEO in February 2010.