Ingersoll-Rand (IR) is expected to announce today the appointment of activist investor Nelson...

|About: Ingersoll-Rand plc (IR)|By:, SA News Editor

Ingersoll-Rand (IR) is expected to announce today the appointment of activist investor Nelson Peltz to its board, the WSJ reports. In meetings with management, Peltz's Trian fund has laid out its vision for Ingersoll, which includes splittinng its main business units into three publicly traded companies in order to improve shareholder return.