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 Employees24,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert J. RehardVP & CFO695.76kN/A1969
Mr. Jonathan J. SchlemmerChief Operating Officer1.19M227.4k1966
Mr. Thomas E. ValentynVP, Gen. Counsel & Sec.725.32kN/A1959
Mr. Louis Vernon PinkhamCEO & DirectorN/AN/A1971
Mr. Robert LazzeriniPrincipal Accounting Officer & VPN/AN/A1967
Amounts are as of December 31, 2018 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 three segments: Commercial and Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial and Industrial Systems segment provides AC and DC motors, controls, fans and blowers, and integrated electronic control solutions for commercial and industrial applications. This segment also offers precision stator and rotor kits; hazardous duty motors; and electric alternators, 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 fractional 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, diaphragms, gear couplings, transmission elements, gears, grids, jaws, elastomers, and joints; mechanical power transmission drives, and components; and worm gearing, shaft mount reducer, helical 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, metals, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly to original equipment manufacturers, as well as through direct and independent sales representatives, and distributors. Regal Beloit Corporation was founded in 1955 and is headquartered in Beloit, Wisconsin.

Corporate Governance

Regal Beloit Corporation’s ISS Governance QualityScore as of July 29, 2019 is 1. The pillar scores are Audit: 1; Board: 2; 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.