) recently announced the appointment of Susan K. Carter as senior
vice president and chief financial officer, effective Sep 27.
Carter will succeed Steve Shawley who will retire before the end
of the year.
Carter is entrusted with the responsibility of Ingersoll's
financial strategy and functions. She will be responsible for all
financial planning, which includes investor relations, treasury,
external reporting, audit, tax, risk management, business
development, business unit finance and real estate.
She brings on board 30 years of experience and has worked in
businesses featuring a diverse range of engineering products such
as climate control solutions, engines, power generation,
automotive supplies, aerospace components and valves.
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With her leadership traits, expertise and experience, Carter is
expected to unlock value for the company. We believe Carter's
sector knowhow will prove beneficial for Ingersoll and augment
its revenues going forward. With past experience in companies
Lennox International, Inc
), Carter is expected to bring transformative changes to
Ingersoll. She will provide valuable insight, guidance and
provide support to the company in its operational and financial
Ingersoll is a globally diversified industrial company, which
designs, manufactures and sells a range of industrial and
commercial products and services. It provides energy-efficient
solutions, residential solutions, technology and security related
services both in the domestic and international markets. In the
last reported quarter, the company reported revenues of $3,933
million, up 3% year over year.
Ingersoll currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth a look in the industry include
), each carrying a Zacks Rank #1 (Strong Buy).