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Regal Rexnord Corporation (RRX)

NYSE - NYSE Delayed price. Currency in USD
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146.88+0.25 (+0.17%)
At close: 04:00PM EDT
146.88 0.00 (0.00%)
After hours: 04:28PM EDT

Regal Rexnord Corporation

200 State Street
Beloit, WI 53511
United States
608 364 8800
https://www.regalrexnord.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees30,000

Key executives

NameTitlePayExercisedYear born
Mr. Louis Vernon PinkhamCEO & Director3.17MN/A1971
Mr. Robert J. RehardVP & CFO1.34MN/A1969
Mr. Thomas E. ValentynVP, Gen. Counsel & Sec.1.03MN/A1959
Mr. Jerrald R. MortonPres of Integration - Motion Control Solutions946.23kN/A1962
Mr. John C. KunzeGroup Pres of Climate Solutions Segment848.39k465.62k1963
Mr. John M. AvampatoVP & Chief Information OfficerN/AN/A1961
Mr. Robert Douglas BarryVP of Investor RelationsN/AN/AN/A
Ms. Cheryl A. LewisVP & Chief Human Resource OfficerN/AN/A1969
Mr. Scott Douglas BrownGroup Pres of Commercial Systems SegmentN/AN/A1960
Mr. Eric S. McGinnisGroup Pres of Industrial System SegmentN/AN/A1971
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Regal Rexnord Corporation, together with its subsidiaries, designs, manufactures, and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, distributed energy, microgrid, rental marine, agriculture, healthcare, mobile, and defense markets; and switchgear for healthcare, government, and waste water applications, as well as residential, commercial, and industrial applications. The Climate Solutions segment provides fractional motors, electronic variable speed controls, and blowers for use in a residential and light commercial air moving applications; and fractional horsepower motors and blowers for white goods, water heating equipment, small pumps, compressors, and fans. The Motion Control Solutions segment offers bearings; conveyors; disc, gear, grid, elastomeric, and torsionally soft couplings; mechanical power transmission drives and components; worm gearing, shaft configuration, helical, bevel, helical bevel, worm, hypoid, and spur gearing products; and aerospace components. This segment serves beverage, bulk handling, metal, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly to original equipment manufacturers and end-users through a network of direct and independent sales representatives, and distributors. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is headquartered in Beloit, Wisconsin.

Corporate governance

Regal Rexnord Corporation’s ISS governance QualityScore as of 31 July 2022 is 1. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.