BNET Industries
Market Cap:$1.8B
Last Fiscal Year Sales:$2.2B
- Public
- US
Dow Jones Description
Regal Beloit, founded in 1955, manufactured cutting tools and gear boxes throughout its first twenty-five year history. Sales in 1979 were $38 million when Henry Knueppel and Jim Packard joined the company and initiated a strategic acquisition program to expand the business.
Co-CEO
Christopher L. DoerrNumber of Employees 17,600
Peer Companies
NAICS Code Motor and Generator Manufacturing: 335312
Recent Events
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Regal Beloit just short of analysts' outlook
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Regal Beloit raises earnings guidance
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BRIEF-Deutsche Bank raises targets on U.S. multi industry cos
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Regal Beloit profit drops
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Ahead of the Bell: HVAC demand rising
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Regal Beloit Names Perino Vice President, Investor Relations
News & Analysis
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regal-beloit corp. - All News and Analysis
Regal Beloit Corporation Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Mike Schneider with Robert W. Baird. Mike Schneider – Robert W. Baird Good morning guys. Mark Gliebe Good morning. Mike Schneider – Robert W. Baird Maybe first we can just start with the order rates...
Regal-Beloit Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Your first question comes from the line of Alexander Paris. Alexander Paris – Barrington Research Associates Good afternoon. Nice quarter. Henry Knueppel Thank you, Alex. Alexander Paris – Barrington Research Associates Just a couple of questions. Could I get a...
Regal-Beloit Corp. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator instructions Our first question comes from Alexander Paris with Barrington Research Association. Alexander Paris – Barrington Research Associates Good afternoon. Great quarter. Henry Knueppel Thank you, Alex. Alexander Paris – Barrington Research Associates So much information, I'm...
Regal-Beloit Corp. Q4 2007 Earnings Call Transcript
Earnings Call ExcerptRegal-Beloit Corp. RBC Q4 2007 Earnings Call February 6, 2008 1:30 pm CST Executives Henry Knueppel - Chairman, Chief Exec. Mark Gliebe - Pres, Chief Operating Officer Dave Barta - Chief Financial Officer Analysts Alexander Paris Sr. - Barrington Research Robert Lagaipa - Oppenheimer &...
Developments
NORTHEAST STATEWIDE Northeast Wisconsin APPLETON Appleton (formerly Appleton Papers Inc.) paid approximately $68 million for New England Extrusion Inc., Turners Falls, Mass., a privately held manufacturer of polyethylene films used in packaging applications with annual sales of about $50 million. CMD Corp. got a $250,000 Technology Zone credit. The design...
Marathon Electric Purchase Completed.(Originated from Milwaukee Journal Sentinel)
Mar. 27--Regal-Beloit Corp. completed its purchase of Marathon Electric Manufacturing Corp. Wednesday, but for $278 million -- $38 million more than initially envisioned. Regal-Beloit's announcement one month ago of an agreement to buy Wausau-based Marathon Electric for $240 million attracted a...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Christopher L. Doerr | Co-CEO |
| Henry W. Knueppel | Chief Executive Officer |
| Mark J. Gliebe | President and Chief Operating Officer |
| David Barta | Chief Financial Officer |
| Carol N. Skornicka | Senior Vice President, Corporate Affairs |
| David E Eisenreich | Vice President, President of Industrial Power Tran |
| David L. Eisenreich | Vice President |
| Kenneth F. Kaplan | Treasurer, Secretary & Vice President |
| Paul J Jones | Vice President, General Counsel and Secretary |
| Terry R. Colvin | Vice President, Corporate Human Resources |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Thomas J. Fischer | Chairperson |
| Curtis W. Stoelting | Board of Directors |
| Dean A. Foate | Board of Directors |
| G. Frederick Kasten | Board of Directors |
| Rakesh Sachdev | Board of Directors |
Co-CEO Passage Partners, LLC; Former President and Co-CEO, LEESON Electric Corporation; Director, Fischer Scientific International.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Co-CEO | Current |
| Regal-Beloit Corporation | Board of Directors | Current |
| Leeson Electric Corporation | Co-CEO | Former |
| Leeson Electric Corporation | President | Former |
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Chief Executive Officer | Current |
| Regal-Beloit Corporation | President | Current |
| Regal-Beloit Corporation | Chairman | Current |
| Regal-Beloit Corporation | Coo | Former |
| Regal-Beloit Corporation | Executive Vice President | Former |
| Regal-Beloit Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | President and Chief Operating Officer | Current |
| Regal-Beloit Corporation | Board of Directors | Current |
Joined the Company in June 2004 and was elected Vice President, Chief Financial Officer in July 2004. Prior to joining the Company, Mr. Barta served in several financial management positions for Newell Rubbermaid Inc. from 1995 to June 2004, serving most recently as Chief Financial Officer Levolor/Kirsch Division. His prior positions during this time included Vice President – Group Controller Corporate Key Accounts, Vice President – Group Controller Rubbermaid Group and Vice President Investor Relations.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Chief Financial Officer | Current |
| Regal-Beloit Corporation | Vice President | Current |
| Regal-Beloit Corporation | Board of Directors | Current |
| Newell Rubbermaid Inc. | Chief Financial Officer Levolor, Kirsch Division | Former |
| Newell Rubbermaid Inc. | Vice President | Former |
| Newell Rubbermaid Inc. | Group Controller Corporate Key Accounts | Former |
| Newell Rubbermaid Inc. | Financial Management Positions | Former |
Sr. Vice President-Corporate Affairs, Secretary and General Counsel of Midwest Air Group, a holding Company for MidWest Airlines. Employed with Midwest since 1996; Director of Johnson Financial Group, Inc.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Senior Vice President, Corporate Affairs | Current |
| Regal-Beloit Corporation | Board of Directors | Current |
| Johnson Financial Group | Director | Current |
| Regal-Beloit Corporation | General Counsel, Midwest Air Group | Former |
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Vice President, President of Industrial Power Tran | Current |
| Organization | Position | Status |
|---|---|---|
| Marathon Electric Motor Technology Group | President | Current |
| Regal-Beloit Corporation | Vice President | Current |
| Regal-Beloit Corporation | President, Industrial Power Transmission and Power Generation | Former |
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Treasurer, Secretary & Vice President | Current |
Joined the Company in September 2006 and was elected Vice President, General Counsel and Secretary in September 2006. Prior to joining the Company, Mr. Jones was a partner with Foley & Lardner LLP where he worked since 1998.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Vice President, General Counsel and Secretary | Current |
| Regal-Beloit Corporation | Secretary | Current |
| Foley & Lardner Llp | Partner | Former |
| Regal-Beloit Corporation | General Counsel | Former |
| Georgetown University Law Center | J.D. | Former |
| University of Wisconsin-Whitewater | B.S., summa cum laude | Former |
Joined the Company in September 2006 and was elected Vice President Corporate Human Resources in January 2007. Prior to joining the Company, Mr. Colvin was Vice President of Human Resources for Stereotaxis Corporation from 2005 to 2006. From 2003 to 2005, Mr. Colvin was a Plant Operations consultant. In 2003 and prior, Mr. Colvin served in several human resources positions for Sigma-Aldrich Corporation, serving most recently as Vice President of Human Resources from 1995 to 2003.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Vice President, Corporate Human Resources | Current |
| Stereotaxis, Inc. | Vice President of Human Resources | Former |
| Stereotaxis, Inc. | Plant Operations Consultant. | Former |
| Organization | Position | Status |
|---|---|---|
| Badger Meter, Inc. | President, Fischer Financial Consulting Llc | Current |
| Wisconsin Energy Corporation | Committee Chair | Current |
| Badger Meter, Inc. | Chairman | Current |
| Regal-Beloit Corporation | Chairperson | Current |
| Badger Meter, Inc. | Board of Directors | Current |
| Actuant Corporation | Board of Directors | Current |
| Badger Meter, Inc. | Director of Actuant Corporation | Former |
| Wisconsin Electric Power Co | Director | Former |
| Wisconsin Gas LLC | Director | Former |
| Organization | Position | Status |
|---|---|---|
| RC2 Corporation | CEO | Current |
| Learning Curve International Inc. | CEO | Current |
| The First Years Inc. | CEO | Current |
| MYRC2.Com | Chief Executive Officer | Current |
| Regal-Beloit Corporation | Board of Directors | Current |
| RC2 Corporation | Board of Directors | Current |
| MYRC2.Com | Board of Directors | Current |
| RC2 Corporation | Coo | Former |
| RC2 Corporation | Executive Vice President | Former |
Mr. Foate was named chief executive officer in May 2002. Previously, Mr. Foate served as chief operating officer since March 2001 and has been a director of Plexus since March 2000. Mr. Foate joined the company in 1984 and has served in various key leadership roles in the engineering and new product introduction business units. Mr. Foate holds a BS in Electrical Engineering from the University of Wisconsin and a masters degree in Engineering Management from the Milwaukee School of Engineering.
| Organization | Position | Status |
|---|---|---|
| Plexus Corp. | President and CEO | Current |
| Regal-Beloit Corporation | Board of Directors | Current |
| Plexus Corp. | Director | Current |
| Plexus Corp. | Chief Operating Officer | Former |
| Milwaukee School of Engineering | Masters Degree In Engineering Management | Former |
| University of Wisconsin | BS In Electrical Engineering | Former |
Retired Chairman and Director, Robert W. Baird & Co., Inc.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Board of Directors | Current |
| Robert W. Baird & Co. Incorporated | Chairman | Former |
| Robert W. Baird & Co. Incorporated | Director | Former |
Sr. Vice President and President of Asia Pacific, ArvinMeritor, Inc. Employed with ArvinMeritor since 1999.
| Organization | Position | Status |
|---|---|---|
| Regal-Beloit Corporation | Board of Directors | Current |
Executive News
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Plexus to Hold Investor Day on June 11, 2009
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