Ingersoll-Rand Inc. (NYSE: IR), Milwaukee, Wisconsin, has appointed Vikram “Vik” Kini as its senior vice president and chief financial officer, reporting to CEO Vicente Reynal.
Kini will be succeeded by Kristen Actis-Grande as vice president of investor relations and financial planning and analysis (FP&A). Emily Weaver, current CFO, is leaving to pursue other opportunities based on a mutual decision of her and the company, and not due to any dispute with the company or financial matter. Weaver will remain with the company through the end of the month to assist in the transition to Kini.
As senior vice president and CFO, Kini will oversee all finance and accounting, including controllership, tax, treasury, planning and investor relations, as well as information technology.
Kini has an extensive financial background spanning nearly 20 years, which includes almost 10 years with Ingersoll Rand (formerly Gardner Denver), where he has held various senior positions across the organization, most recently leading the global FP&A organization and serving as the head of investor relations.
Actis-Grande moves into the investor relations and FP&A role from the company’s Industrial Technologies and Services EMEIA business, where she has served as the vice president of finance since the merger, and previously served as the vice president of finance for the Ingersoll Rand Industrial Compression Technologies and Services business.