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On July 14 2025, Ingersoll Rand Inc. (NYSE: IR) filed a Form 8-K announcing a board refresh under Item 5.02. The Board reset its size to nine directors and elected Aurobind Satpathy as an independent director effective July 15 2025, with a term running until the 2026 Annual Meeting of Stockholders. Satpathy will immediately join the Nominating & Corporate Governance and Sustainability Committees, enhancing oversight in both areas. The Board confirmed his independence under NYSE listing standards and the company’s governance guidelines.
There are no related-party transactions involving Satpathy under Regulation S-K Item 404(a). Compensation will follow the existing non-employee director program, including a prorated restricted stock unit award scheduled for grant on August 6 2025 under the 2017 Omnibus Incentive Plan.
Item 7.01 furnishes, but does not file, a press release (Exhibit 99.1) reiterating the appointment. The filing includes no financial performance data, strategic transactions, or guidance updates. The development is chiefly a corporate-governance matter, signaling ongoing board refreshment and added sustainability focus with minimal immediate financial impact for shareholders.