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Fortune
Fortune
Nick Rockel

Why this CEO bet on skills-based hiring, trusting employees enough to pay their tuition up front

(Credit: Trane Technologies)

Dave Regnery knows what it’s like to juggle work and school. Earlier in his career, the chair and CEO of Trane Technologies decided to earn an MBA. That took a while.

“It was extremely difficult for me to be able to come up with the funds so that I could get reimbursed later,” recalls Regnery, who leads one of the world’s top HVAC (heating, ventilation, and air conditioning) companies. So he paid for one class at a time rather than two.

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