December 24, 2014 10:33 PM ET

Electrical Equipment

Company Overview of Regal Beloit Corporation

Company Overview

Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors and controls, electric generators and controls, low and medium voltage drives and soft starters, and mechanical motion control products in the United States and internationally. The company operates through two segments, Electrical and Mechanical. The Electrical segment offers heating, ventilation, and air conditioning motors; AC and DC commercial and industrial electric motors; electric generators and controls; high-performance drives and controls; and capacitors for various commercial and industrial applications. The Mechanical segment provides gears and gearboxes, marine transmission...

200 State Street

Beloit, WI 53511

United States

Founded in 1955

22,900 Employees

Phone:

608-364-8800

Key Executives for Regal Beloit Corporation

Chairman of the Board
Age: 53
Total Annual Compensation: $925.0K
Chief Financial Officer
Age: 60
Total Annual Compensation: $458.8K
Chief Operating Officer
Age: 48
Total Annual Compensation: $545.0K
Vice President
Age: 44
Total Annual Compensation: $379.8K
Vice President of Corporate Human Resources
Age: 58
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2013.

Regal Beloit Corporation Key Developments

Regal Beloit Corporation, Emerson Electric Co. - M&A Call

To consider Acquisition of Emerson's Power Transmission Solutions Business

Regal Beloit Seeks Acquisitions

Regal Beloit Corporation (NYSE:RBC) is seeking acquisitions. Chuck Hinrichs, Vice President and Chief Financial Officer of Regal Beloit, said, "We will continue our focus on generating free cash flow to reduce our debt, as we have successfully done in the past. In the future, we will pay down our debt, and plan to be in a financial position to look for other bolt-on acquisitions, and return cash to our shareholders through dividends and share repurchases."

Anesa Chaibi to Join Regal Beloit Corporation's Board of Directors, Effective November 10, 2014

Regal Beloit Corporation announced that Ms. Anesa Chaibi will join the company's Board of Directors effective November 10, 2014 as a Class "A" Director with her initial term continuing until the 2015 annual shareholders meeting. Additionally, the company announced an increase in the size of the board from nine to ten directors. Ms. Chaibi currently serves as the President and Chief Executive Officer of HD Supply Facilities Maintenance, a position she has held since September 2005. Prior to this role, she served as General Manager of Global Quality and Commercial Operations for GE Water & Process Technologies.

Similar Private Companies By Industry

Company Name Region
Segue Manufacturing Services, LLC United States
Solargenix Energy, LLC United States
EaglePicher Medical Power, LLC United States
Winona Lighting Inc. United States
Lawrence Equipment, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 15, 2014
Domestic Subsidiaries And Foreign Subsidiaries
Merger/Acquisition
July 1, 2014
Benshaw, Inc.
Merger/Acquisition
February 7, 2014
HY-BON, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Regal Beloit Corporation, please visit www.regal-beloit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.