On July 17, Ingersoll Rand Chairman and CEO Mike Lamach, as well as
CEOs from 15 other companies, took part in the second annual NYSE
Century Club Summit, in which they were initiated into the New York
Stock Exchange (NYSE) Century Club, a special index of 348 companies
that have been in business for at least 100 years.
The day’s events, hosted by the NYSE in partnership with Yale University, included roundtable discussions on “Lessons of Legacies” and “Resilience and Reinvention.” At 4 p.m. the CEOs, as well as Jeffrey A. Sonnenfeld, senior assistant dean of Yale School of Management, rang the NYSE closing bell.
The Century Club was launched in July 2012 “to recognize companies
that have thrived for over a century,” and “have demonstrated the
ability to innovate, transform and grow through decades of economic
and social progress,” according to the NYSE website. Members are U.S.
domiciled companies that have a 100-year history, are publicly traded,
and have a market capitalization of at least $1 billion. In its first
year the Club’s index outperformed both the S&P 500 and the NASDAQ
“The performance of the NYSE Century Index illustrates the
leadership, stability and the overall sound business execution of our
Century Club community during times of economic uncertainty,” said
Duncan Niederauer, chief executive officer, NYSE Euronext, a leading
provider of indices.
Read more about the NYSE Index
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