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Regal Beloit Corporation (RBC)

NYSE - Nasdaq Real Time Price. Currency in USD
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134.01-0.21 (-0.16%)
As of 11:03AM EDT. Market open.

Regal Beloit Corporation

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

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees23,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Louis Vernon PinkhamCEO & Director2.57MN/A1971
Mr. Robert J. RehardVP & CFO1.19MN/A1969
Mr. Thomas E. ValentynVP, Gen. Counsel & Sec.869.35kN/A1959
Mr. Jerrald R. MortonGroup Pres of Power Transmission Solutions Segment621.19kN/A1962
Mr. John C. KunzeGroup Pres of Climate Solutions Segment582.99k96.25k1963
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 December 31, 2020 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, 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 Power Transmission Solutions segment offers bearings; conveyors; disc, diaphragms, gear and flexible couplings, transmission elements, gears, grids, jaws, elastomers, and disc couplings; mechanical power transmission drives and components; and worm gearing, shaft configuration, helical offset, concentric and right angle, bevel and miter gearing, and spur gearing products, as well as modular plastic belts, conveying chains, and hydraulic pump drives. 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. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.

Corporate Governance

Regal Beloit Corporation’s ISS Governance QualityScore as of July 1, 2021 is 1. The pillar scores are Audit: 4; 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 a 10 indicates higher governance risk.