Publications
Publications
- February 2025
- HBS Case Collection
Ingersoll Rand: Broadening Employee Ownership
By: Ethan Rouen and Jenyfeer Martinez Buitrago
Abstract
Set in 2024, this case examines how Ingersoll Rand— a global leader in air, liquid, and gas handling technologies—approached broadening employee ownership. The company granted restricted stock units (RSUs) to all employees on their one-year anniversary, reinforcing a culture of ownership. As Ingersoll Rand expanded through acquisitions, CEO Vicente Reynal faced critical questions: How could the company sustain its ownership culture while integrating employees from newly acquired firms? Should it increase stock grants to strengthen engagement and retention? As Reynal prepared for a town hall with employees in Latin America, he reflected on these challenges and the long-term implications of the company’s broad-based ownership model.
Keywords
Financial Instruments; Compensation and Benefits; Retention; Ownership; Africa; Asia; Europe; Latin America; Middle East; North and Central America
Citation
Rouen, Ethan, and Jenyfeer Martinez Buitrago. "Ingersoll Rand: Broadening Employee Ownership." Harvard Business School Case 125-076, February 2025.