This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ingersoll Rand Announces Douglas Ranck As Vice President And Controller For Allegion

Ingersoll-Rand plc (NYSE:IR) is pleased to announce that Douglas (Doug) Ranck will serve as vice president and controller for Allegion plc, the new $2 billion standalone global security company to be created upon the spin-off of the commercial and residential security businesses from Ingersoll Rand later this year.

“Doug has demonstrated breadth and proficiency through his service in a number of leadership roles throughout his career with Ingersoll Rand,” said Patrick Shannon, senior vice president and chief financial officer of Allegion. “His rich experience in the transition from Trane to Ingersoll Rand will be invaluable to the success of Allegion.”

As controller, Ranck will provide integral financial leadership to Allegion and serve as a key member of the finance leadership team. In his new position, he will also be an officer of the future Allegion company.

Ranck joined Trane/American Standard in October 2006 and played a critical role in the transition to Ingersoll Rand in June 2008. He most recently served as global controller and financial planning leader for Ingersoll Rand’s Climate Solutions sector.

Prior to joining Ingersoll Rand, he held financial roles of increasing responsibility at both AT&T and PricewaterhouseCoopers in the areas of corporate planning, consolidation, financial reporting, tax and audit.

Ranck is a certified public accountant and holds a bachelor’s degree in accounting from Lycoming College in Williamsport, Pa. In addition, he has attended various management programs at Wharton Business School, Pennsylvania State University and Northwestern University.

About Ingersoll Rand

Ingersoll Rand (NYSE:IR) advances the quality of life by creating and sustaining safe, comfortable and efficient environments. Our people and our family of brands — including Club Car ®, Ingersoll Rand ®, Schlage ®, Thermo King ® and Trane ® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; secure homes and commercial properties; and increase industrial productivity and efficiency. Ingersoll Rand has announced plans to combine its security businesses as part of Allegion, the $2 billion independent, standalone, publicly-held security company to be created upon separation from Ingersoll Rand later this year. Ingersoll Rand is a $14 billion global business committed to a world of sustainable progress and enduring results. For more information, visit

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs