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Trane appoints Regnery as CEO; Lamach to serve as executive chair

August 24, 2021 – Trane Technologies’ Dave Regnery, who formerly served as president & COO, has been named CEO and joins the board of directors effective July 1, 2021.

He succeeds Mike Lamach, who will serve as executive chair of the board until his planned retirement from the company in the first half of 2022.

“Dave has worked alongside me to shape nearly every aspect of our global business […],” said Lamach. “He is an exceptional leader with a deep understanding of our industry, the sustainability megatrends affecting our businesses, our customers’ needs, and how to create value for our stakeholders.”

As president & COO, Regnery had direct responsibility for the company’s three regional reporting segments and full portfolio of businesses and brands, including Trane and Thermo King. He also oversaw the company’s global business operations, including supply chain, engineering and information technology, Trane explains.

Under his leadership, the company launched its EcoWise portfolio of products, Trane reports, and has been “instrumental in growing the company’s portfolio of comprehensive building solutions including energy services, controls and digital offerings”.

“We have the best team, strong customer relationships, and a passion to innovate, grow and create value for all our stakeholders—our team members, customers, communities and shareholders,” said Regnery.