Dean A. Foate Joins REGAL-BELOIT CORPORATION's Board of Directors
12 10월 2005 - 6:42AM
PR Newswire (US)
BELOIT, Wis., Oct. 11 /PRNewswire-FirstCall/ -- REGAL-BELOIT
CORPORATION (NYSE:RBC) announced today that Mr. Dean Foate has
joined the Company's Board of Directors as a Class A Director. Mr.
Foate, 47, is the President and Chief Executive Officer of Plexus
Corporation (NASDAQ:PLXS). Plexus is a $1.0 billion global
electronics manufacturing services company providing product
development, test, manufacturing, global fulfillment and
after-market solutions to a wide range of industries. Mr. Foate
joined Plexus in 1984 and has served in various leadership roles.
Prior to becoming President and CEO in 2002, Mr. Foate served as
Chief Operating Officer of Plexus from 2001 to 2002. Mr. Foate has
an undergraduate degree in electrical engineering from the
University of Wisconsin-Madison and a masters degree in engineering
management from the Milwaukee School of Engineering. Mr. Foate is
also a member of the Advisory Board to the University of
Wisconsin-Madison College of Engineering and serves as a member of
the Board of Regents at the Milwaukee School of Engineering. "We
are extremely excited about Mr. Foate's addition to our Board. He
brings a significant level of accomplishment as a business leader
of a growing public corporation as well as technical expertise in
areas that continue to gain importance in our products," stated
James L. Packard, REGAL-BELOIT CORPORATION's Executive Chairman.
"We look forward to Mr. Foate's perspective and guidance as we
continue to execute our strategies to increase shareholder
returns." About REGAL-BELOIT CORPORATION: REGAL-BELOIT CORPORATION
(NYSE:RBC) is a leading manufacturer of mechanical and electrical
motion control and power generation products serving markets
throughout the world. REGAL-BELOIT is headquartered in Beloit,
Wisconsin, and has manufacturing, sales, and service facilities
throughout the United States and Canada, and in Mexico, Europe and
Asia. For more information, visit the company's website at
http://www.regal-beloit.com/ . DATASOURCE: REGAL-BELOIT CORPORATION
CONTACT: Dave Barta, Chief Financial Officer of REGAL-BELOIT
CORPORATION, +1-608-364-8808, ext 106 Web site:
http://www.regal-beloit.com/
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