Regal Rexnord Corporation (RRX)

162.11 -2.12 (-1.29%) As of 10:34AM EDT. Market open.

Regal Rexnord Corporation

111 West Michigan Street
Milwaukee, WI 53203
United States
608 364 8800
https://www.regalrexnord.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 32,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Louis Vernon Pinkham	CEO & Director	3.11M	N/A	1971
Mr. Robert J. Rehard	Executive VP & CFO	1.48M	N/A	1969
Mr. Jerrald R. Morton	Executive VP & President of Industrial Powertrain Solutions	940.85k	N/A	1962
Mr. Kevin J. Zaba	Executive VP and President of Automation & Motion Control	996.86k	N/A	1967
Mr. Alexander P. Scarpelli	Chief Accounting Officer, VP & Corporate Controller	N/A	N/A	N/A
Mr. John M. Avampato	VP & Chief Information Officer	491.63k	339.66k	1961
Mr. Robert Douglas Barry	Vice President of Investor Relations	N/A	N/A	N/A
Ms. Cheryl A. Lewis	Executive VP & Chief Human Resource Officer	N/A	N/A	1970
Mr. Scott Douglas Brown	Group President of Commercial Systems Segment	N/A	N/A	1960
Mr. Audwin Audey Cash	Interim President of Climate Solutions	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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 manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets. The Power Efficiency Solutions segment offers AC and DC motors, electronic variable speed controls, and blowers for residential, commercial HVAC, water heaters, commercial refrigeration, commercial building ventilation, pool and spa, irrigation, agriculture, conveying, and general commercial equipment markets. The Automation and Motion Control segment provides conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solutions, high-efficiency miniature motors, motion controls, automation transfer switches, and switchgear for industrial applications and automation systems for material handling, aerospace and defense, factory automation, data centers, medical device, packaging, printing, semiconductor, robotic, industrial power tool, mobile off-highway, food and beverage processing, and other applications. The Industrial Systems segment offers integral motors, alternators, and aftermarket parts and kits for agriculture, marine, mining, oil and gas, food and beverage, data centers, prime and standby power, and general industrial equipment markets. It sells its products directly to original equipment manufacturers, distributors, and end-users. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is based in Milwaukee, Wisconsin.

Corporate governance

Regal Rexnord Corporation’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 1; Compensation: 2.

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.