David S. Regnery serves as the CEO and Chairman of Trane Technologies, a leading company in climate solutions. He took the CEO role on July 1, 2021, and became Chairman on January 1, 2022. David's focus is on promoting sustainability,...

David S. Regnery serves as the CEO and Chairman of Trane Technologies, a leading company in climate solutions. He took the CEO role on July 1, 2021, and became Chairman on January 1, 2022. David's focus is on promoting sustainability, linking compensation for executives to achieving environmental and diversity goals. In 2022, he earned a total of about $12.8 million, but remarkably, he did not receive a bonus that year, underscoring the company's strict performance metrics. This is part of Trane's strategy to tie pay directly to clear results like revenue growth and environmental impacts. David has been with the company for nearly twenty years, holding various roles before becoming CEO, which gives him deep insights into its operations. He is hands-on and believes in engaging closely with the team and business details. Under his leadership, Trane is committed to reducing greenhouse gas emissions and improving diversity within the workforce, which reflects a broader commitment to sustainability in their products and services.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Trane Technologies CEOs

T

David S. Regnery

CEO of Trane Technologies

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Trane Technologies for

3 years 9 months (Jul 2021 - Present)

Previous Experience

President and Chief Operating Officer, Executive Vice President, Vice President, President of Commercial HVAC, North America and EMEA

Rivals

Competitors/colleagues of David S. Regnery

J

George R. Oliver

CEO of Johnson Controls International

2023 Compensation

Stock

$0.00

Salary

$1.50M

Bonus

$1.77M

Other

$557.48K

Total Holdings

$114.81M

L

Todd M. Bluedorn

CEO of Lennox International

2019 Compensation

Stock

$5.25M

Salary

$1.23M

Bonus

$2.17M

Other

$47.30K

Total Holdings

$11.99M

E

Craig Arnold

CEO of Eaton Corporation

2023 Compensation

Stock

$18.84M

Salary

$1.44M

Bonus

$0.00

Other

$234.61K

Total Holdings

$23.28M

I

Vicente Reynal

CEO of Ingersoll Rand

2023 Compensation

Stock

$0.00

Salary

$1.13M

Bonus

$3.43M

Other

$175.95K

Total Holdings

$65.37M

A

Richard Adam Norwitt

CEO of Amphenol

2023 Compensation

Stock

$9.10M

Salary

$1.46M

Bonus

$0.00

Other

$382.12K

Total Holdings

$117.28M

A

Kevin P. Clark

CEO of Aptiv

2019 Compensation

Stock

$19.78M

Salary

$1.42M

Bonus

$0.00

Other

$268.27K

Total Holdings

$70.14M

Holdings

See how much did David S. Regnery make over time.

David S. Regnery has significant stock holdings tied to Trane Technologies, which he has accrued over his nearly 20-year career there. His wealth had varied over time with stock values, but he recently focused on long-term equity incentives. In 2022,...

David S. Regnery has significant stock holdings tied to Trane Technologies, which he has accrued over his nearly 20-year career there. His wealth had varied over time with stock values, but he recently focused on long-term equity incentives. In 2022, the performance-based stock units he oversees were estimated at around $8.2 million if maximum performance is achieved. This approach underscores his commitment to aligning his financial success with the success of the company and its shareholders. His stock holdings reflect both his belief in the company's potential and Trane’s strategy to enhance investor value through sustainable practices. David holds an active interest in the company's performance, making sure his financial fate is closely linked to Trane's trajectory in both market success and mission-driven initiatives.

Total Stock Sold

$29.99M

TT

$29.01M

128,380 TT shares

IR

$980.75K

30,700 IR shares

What if they kept their stock?

If David S. Regnery didn't sell their stock, today they would have:
Extra TT128,380 shares worth $11.17M and IR30,700 shares worth $780.70K.
This is -60.13% and $18.03M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of David S. Regnery.

TT

$830.24K

TT at $358.17/share

Feb 7, 2025

Sale

TT

$984.11K

TT at $357.34/share

Feb 4, 2025

Sale

TT

4,009 shares

TT

Feb 4, 2025

Received

TT

$9.46M

TT at $321.25/share

Aug 6, 2024

Sale

TT

$4.80M

TT at $286.31/share

Mar 5, 2024

Sale

TT

35,714 shares

TT

Feb 28, 2024

Received

TT

11,842 shares

TT

Feb 6, 2024

Received

TT

$3.87M

TT at $220.00/share

Nov 7, 2023

Sale

TT

24,698 shares

TT

Mar 1, 2023

Received

TT

15,933 shares

TT

Feb 7, 2023

Received

Compensation History

See how much did David S. Regnery make over time.

In 2022, David S. Regnery received a total compensation of about $12.8 million as CEO of Trane Technologies. His base salary was approximately $1.24 million. Uniquely, he did not receive a cash bonus that year, demonstrating the company's strict adherence to performance-based pay. Instead, his compensation included long-term incentives tied to stock performance, which aligns his interests with those of shareholders. David's pay structure is designed to reward achievement based on clear performance metrics, including revenue growth and environmental, social, and governance (ESG) goals. This philosophy is part of Trane’s broader strategy to promote sustainability while ensuring that executive rewards are earned through meeting ambitious targets. Before this, in 2021, his total compensation was slightly higher at around $12.9 million, which included a substantial bonus, reflecting his successful transition into the CEO role.

Year

2022

Total Compensation

$1.66M

Salary

$1.24M

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, focusing on a mix of fixed and variable compensation tied to performance metrics.

Bonus

$0.00

Board Justification

No bonus was awarded for 2022 as per the AIM program.

Other

$421.22K

Board Justification

This includes various benefits such as company contributions, tax assistance, personal use of aircraft, and other compensation.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus is on stock grants and options that are not included in total calculations.

Performance Metrics

The performance metrics include revenue growth, adjusted EBITDA, free cash flow, and ESG objectives.

Other Trane Technologies CEOs

Here are other CEOs of Trane Technologies

Michael W. Lamach

Ex-CEO of Trane Technologies

February 2010 - June 2021