Diversified industrial firm Ingersoll-Rand's senior vice president and chief financial officer Timothy R. McLevish will leave the company on September 30 to become chief financial officer for Kraft Foods.

Mr. McLevish has been Ingersoll Rand's CFO since May 2002, with overall responsibilities that have included control, tax, treasury, audit services, investor relations, information technology, strategic planning and business development.

"As a senior member of Ingersoll Rand's leadership team, Tim has been instrumental in helping to strengthen our company," said Herbert L. Henkel, chairman, president and chief executive officer.

"We expect to announce Tim's successor prior to his departure from Ingersoll Rand. On a personal note, I thank Tim for his support and counsel over the past five years, and wish him continued success."