Company Overview of Regal Beloit Corporation
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
Founded in 1955
Key Executives for Regal Beloit Corporation
Chairman of the Board
Total Annual Compensation: $925.0K
Chief Financial Officer
Total Annual Compensation: $458.8K
Chief Operating Officer
Total Annual Compensation: $545.0K
Total Annual Compensation: $379.8K
Vice President of Corporate Human Resources
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
Dec 15 14
To consider Acquisition of Emerson's Power Transmission Solutions Business
Regal Beloit Seeks Acquisitions
Dec 15 14
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
Nov 6 14
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.
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