RBC - Regal Beloit Corporation

NYSE - NYSE Delayed Price. Currency in USD

Regal Beloit Corporation

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

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees23,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Mark J. GliebeChairman, & CEO1.57M493.15k1961
Mr. Jonathan J. SchlemmerChief Operating Officer847.18k121.68k1966
Mr. Thomas E. ValentynVP, Gen. Counsel & Sec.N/AN/A1959
Mr. Robert J. RehardVP & CFON/AN/A1969
Mr. Robert LazzeriniPrincipal Accounting Officer, VP & Corp. ControllerN/AN/A1967
Amounts are as of December 31, 2016 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 power transmission products worldwide. It operates through three segments: Commercial and Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial and Industrial Systems segment provides AC and DC motors, and controls; motors, electronic variable speed controls, and blowers; and starters, contactors, relays, variable frequency drives, and integrated solutions of components. This segment also offers precision stator and rotor kits; hazardous duty motors; and electric generators, automatic transfer switches, power generation and distribution switch gears, and components and system controls. It serves commercial heating, ventilation, and air conditioning (HVAC); pool and spa; standby and critical power; and oil and gas system markets. The Climate Solutions segment offers motors, electronic variable speed controls, and blowers, as well as capacitors, precision stators, and rotor sets for residential and light commercial HVAC, water heaters, and commercial refrigeration markets. The Power Transmission Solutions segment provides mounted and unmounted bearings; conveyor products; disc products, patented diaphragms, gear couplings, couplings and transmission elements, gears, grids, jaws, elastomers, and joints; mechanical power transmission drives, components, and bearings; and worm gearing, shaft mount reducer, helical concentric and right angle, bevel and miter gearing, center pivot gearing, and open gearing products. It serves beverage, bulk handling, metals, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly, as well as through 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 October 1, 2018 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 4.

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.