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Michael W. Lamach is the CEO of Trane Technologies plc, a company known for its energy-efficient solutions in heating, ventilation, and air conditioning. He rose through the ranks from Senior Vice President at Ingersoll Rand to become CEO in 2021,...

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Michael W. Lamach

Ex-CEO of Ingersoll Rand

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Ingersoll Rand for

9 years 5 months (Dec 2010 - Jun 2020)

Previous Experience

Senior Vice President of Ingersoll Rand Company Limited and President of the Trane Commercial business.

Holdings

See how much did Michael W. Lamach make over time.

Michael W. Lamach has significant holdings in Trane Technologies and Ingersoll Rand, two companies he has helped lead. His wealth peaked when stock awards significantly increased his total net worth, reflecting his strong alignment with shareholder interests. In 2021, Lamach’s...

Mar 11, 2025

Total Stock Sold

$37.29M

IRM

$409.86K

12,611 IRM shares

IR

$36.88M

1,150,360 IR shares

What if they kept their stock?

If Michael W. Lamach didn't sell their stock, today they would have:
Extra IRM12,611 shares worth $341.88K and IR1,150,360 shares worth $30.48M.
This is -17.33% and $6.46M less than what they got when they sold the stock.

Charitable Transactions

IR

9,800 shares

IR

Recent Charitable Transactions

IR

9,800 shares

IR

Feb 15, 2019

Charity

IR

13,909 shares

IR

Nov 9, 2016

Charity

IR

7,950 shares

IR

Sep 9, 2013

Charity

Insider Trading

See recent insider trades of Michael W. Lamach.

NUE

1,006 shares

NUE

Jun 1, 2024

Received

NUE

1,240 shares

NUE

Jun 1, 2023

Received

IR

$9.11M

IR at $145.78/share

Feb 20, 2020

Sale

IR

113,055 shares

IR

Feb 18, 2020

Received

IR

$32.72M

IR at $135.00/share

Dec 20, 2019

Sale

IR

$20.60M

IR at $130.00/share

Nov 4, 2019

Sale

IR

$18.34M

IR at $125.00/share

Jul 8, 2019

Sale

IR

$11.11M

IR at $105.74/share

Mar 4, 2019

Sale

IR

189,992 shares

IR

Feb 28, 2019

Received

IR

9,800 shares

IR

Feb 15, 2019

Charity

Compensation History

See how much did Michael W. Lamach make over time.

In 2021, Michael W. Lamach's compensation totaled about $18.25 million, including a base salary of $1.41 million. Most of his earnings came from stock awards, which signified the company's performance and his leadership role in driving growth. His pay package is designed to align with the company's performance goals, focusing on metrics like revenue and cash flow. This compensation strategy underscores the importance both the board and Lamach place on shareholder interests and long-term value creation. Throughout his career, he has seen fluctuations in compensation linked to his strategic decisions, emphasizing the pay-for-performance philosophy that shapes executive remuneration in today’s corporate landscape. Comparatively, his previous roles brought in varying compensation, reflecting the challenges and achievements of each position he held within the organizations he led.

Year

2021

Total Compensation

$10.60M

Salary

$1.41M

Board Justification

The compensation philosophy is designed to align executive compensation with the company's performance and shareholder interests, emphasizing pay for performance and long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2021.

Other

$518.51K

Board Justification

Includes various benefits such as contributions to retirement plans, life insurance, and other compensation.

Restricted Stock

$8.67M(8.67M RSU)

Board Justification

The value of stock awards that vested in 2021, including performance stock units and restricted stock units, based on the fair market value at the time of vesting.

Performance Metrics

Performance metrics include revenue growth, adjusted EBITDA, cash flow, and ESG objectives.