Hochhauser most recently was chairman, president and chief executive officer of Johns Manville, a global manufacturer and marketer of premium engineered materials and building products with revenues of more than USD 2 billion. Prior to that, Hochhauser held leadership positions within Allied Signal/Honeywell as vice president and general manager of Engineered Applications and Solutions; president and general manager of Laminates Systems; and president and general manager of the Allied Signal Oak-Mitsui joint venture. Earlier in his career, Hochhauser held management positions with United Technologies and Rockwell International. He holds a bachelor's degree in Mathematics and Computer Science from the State University of New York in Binghamton.

"Steve's leadership experience and demonstrated success with complex global businesses provide the necessary attributes to help us build upon our leadership in global security markets," said Herb Henkel, chairman and CEO of Ingersoll Rand. "In addition, Steve is well suited to continue the Security Technologies Sector's growth trajectory through a focus on innovation, new product development and ongoing expansion of the sector's global profile."