SWORDS, Ireland - Trane Technologies announced that Dave Regnery, former president and chief operating officer, took over as chief executive officer (CEO) and joined the board of directors. He succeeded Mike Lamach, who will serve as executive chair of the Board until his planned retirement from the company sometime in the first half of 2022. These changes were effective July 1, 2021.
As president and chief operating officer, Regnery has had direct responsibility for the company’s three regional reporting segments and full portfolio of businesses and brands. He also has had oversight of the company’s global business operations, including supply chain, engineering and information technology.
Regnery has been with Trane Technologies for his entire career, beginning in the company’s financial leadership development program, then progressing through financial and commercial leadership and general management roles. Throughout his tenure, Regnery has successfully led all of the company’s businesses around the world, including the commercial HVAC, residential HVAC and transport refrigeration businesses, and taken them to new heights. Under his leadership, the company launched its successful EcoWise portfolio of products, designed to lower environmental impact through high efficiency operation and low global warming potential refrigerants. He has been instrumental in growing the company’s portfolio of comprehensive building solutions including energy services, controls and digital offerings.