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Regal Beloit Corporation (RBC)

NYSE - NYSE Delayed Price. Currency in USD
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98.67+1.03 (+1.05%)
At close: 4:00PM EDT

Regal Beloit Corporation

200 State Street
Beloit 53511
United States
608 364 8800
http://www.regalbeloit.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees19,560

Key Executives

NameTitlePayExercisedYear Born
Mr. Louis Vernon PinkhamCEO & Director1.51MN/A1971
Mr. Robert J. RehardVP & CFO692.58kN/A1969
Mr. John M. AvampatoVP & Chief Information Officer491.63k339.66k1961
Mr. Thomas E. ValentynVP, Gen. Counsel & Sec.599.53kN/A1959
Mr. Robert Douglas BarryVP of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and transmission products worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission 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, marine, agriculture, healthcare, mobile, and defense markets; and power generation switchgear for prime and standby power, distributed generation, and cogeneration applications, as well as residential, automatic, and bypass isolation transfer switches. The Climate Solutions segment provides fractional motors, electronic variable speed controls, and blowers, as well as fractional horsepower motors for residential and light commercial HVAC, water heater, and commercial refrigeration markets. The Power Transmission Solutions segment offers mounted and unmounted bearings; conveyor products; disc, diaphragms, gear and flexible couplings, transmission elements, gears, grids, jaws, elastomers, and joints; mechanical power transmission drives, and components; and worm gearing, shaft configuration, helical offset, concentric and right angle, bevel and miter gearing, center pivot gearing, and open gearing products, as well as modular plastic belts, conveying chains, and hydraulic pump drives. It 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. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.

Corporate Governance

Regal Beloit Corporation’s ISS Governance QualityScore as of December 8, 2019 is 1. The pillar scores are Audit: 1; Board: 4; 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 a 10 indicates higher governance risk.