Ingersoll-Rand Appoints Two Company Officers

Board of directors names new V.P. corporate governance and secretary, and new vice president and CIO


HAMILTON, Bermuda -- Ingersoll-Rand Company Limited, a leading diversified industrial firm, announced that the company's board of directors has named Barbara A. Santoro vice president-corporate governance and secretary, and Barry Libenson vice president and chief information officer, effective immediately.

Santoro joined Ingersoll-Rand as assistant general counsel in 1996. She assumed the additional role of assistant secretary in 2000. Santoro was promoted to deputy general counsel, transactions, earlier this year. In her new role, Santoro will be responsible for overseeing the company's compliance with Sarbanes-Oxley Act requirements and New York Stock Exchange listing standards, monitoring external communications with shareholders with respect to corporate governance, and recommending best practices in governance to the board. Santoro will also have accountability for securities law matters, corporate compliance and matters related to environment, safety and health. Santoro replaces Ronald G. Heller, who passed away on September 28. She will report to Patricia Nachtigal, senior vice president and general counsel.

Prior to Ingersoll-Rand, Santoro was associate general counsel for Degussa Corporation and an associate for the law firms Olwine, Connelly, Chase, O'Donnell & Weyher and White & Case. She received a bachelor's degree from Arizona State University and a J.D. degree from Fordham University School of Law.

Libenson joined Ingersoll-Rand as vice president, e-Business, in 2001. He was promoted to chief information officer in 2003. Libenson will continue to be responsible for defining and implementing the organization's global electronic and internet business strategies, which focus on customer relationship and supply chain management. He will continue to report to Timothy R. McLevish, senior vice president and chief financial officer.

Prior to joining Ingersoll-Rand, Libenson was executive vice president of Surety Inc., a data-integrity services company, and chief executive officer for Visix Software, a software publisher. He also held management positions with Phoenix Technologies and Oracle Corporation. Libenson earned a bachelor's degree in computer science from Colgate University and a master's of business administration degree from Duke University.