Robert H. Johnson
Under Johnson, Ingersoll-Rand enjoyed growth in products as well as profitability. In his early years, the focus of the industrial products firm was to cut costs and invest in product improvement and development. As these investments paid off, Ingersoll-Rand enjoyed increasing success in several of its markets, including oil and gas drilling equipment and construction materials. Between 1955 and 1966, Johnson grew sales from $145 million to $476 million and earnings from $28 million to $52 million.