Two years after joining Ingersoll Rand – which trades on the NYSE under the ticker IR – Matthew Fort has been promoted from vice president of finance for the company’s power tools and lifting business to lead the Ingersoll Rand IR program.
Fort was named as vice president of investor relations and global financial planning and analysis (FP&A) in June.
Before joining the North Carolina-headquartered company, Fort – who holds an accounting degree from Le Moyne College in Syracuse, New York, and is a certified public accountant – served 17 years at Newell Brands in various financial roles, including financial planning and analysis.
‘Matthew is a very hands-on leader whose efforts have been instrumental in the acceleration of growth, strong margin expansion and overall transformation of the power tools and lifting business,’ says Vikram Kini, chief financial officer at Ingersoll Rand, in a statement announcing Fort’s promotion.
‘He brings more than two decades of financial management experience and with IR and FP&A together under his seasoned leadership, we will continue to drive consistency and efficiency in how we communicate internally and externally. His depth of knowledge, experience and expertise in business strategy and operations will play a critical role in accelerating the company’s growth story.’
Kini goes on to say that Fort’s appointment ‘serves as a testament to Ingersoll Rand’s proven approach to leadership talent development, succession and deployment, which is a key tenet of our strategy.’