Ingersoll Rand Announces David D. Petratis Will Serve As Chairman, President and Chief Executive Officer of Allegion

Ingersoll-Rand plc (NYSE:IR) announced David (Dave) D. Petratis, current chairman, president and CEO of Quanex Building Products (NYSE: NX), will serve as chairman, president and CEO of Allegion, the $2 billion security company to be created upon separation from Ingersoll Rand. Petratis will begin work Aug.