BALTIMORE — Rogerio Federici will succeed Ricardo Schneider as the president of Danfoss Turbocor Compressors, effective Wednesday, Jan. 1, 2025.

Schneider will start a transition to retirement after 32 years with Danfoss and 16 years as president of Danfoss Turbocor, a press release from Danfoss said. He will remain as an executive advisor for Danfoss in order to help with the transition.

Federici, currently head of sales and marketing for Danfoss Turbocor, will step into the role after two years of leading the Turbocor division’s commercial efforts. He brings 28 years of experience at Danfoss and a deep understanding of the market to his new position, the press release said.

“I am honored to lead Danfoss Turbocor into this next chapter of innovation and growth,” said Federici. “We have a talented team and a powerful vision to further advance our technology and deliver even greater value to our customers.”

Schneider expressed confidence in Federici’s ability to lead the company to continued success.

“It has been my privilege to be part of this amazing Danfoss Turbocor team and witness the transformative impact of innovation and technology together with our customer that I call collectively ‘The oil-free community’,” said Schneider. “I remain deeply committed to sustainability in my future endeavors and I am absolutely confident that, under Rogerio’s leadership, the company will reach new heights.”