BELOIT, Wis., Jan. 3, 2012 /PRNewswire/ -- Regal Beloit
Corporation (NYSE: RBC) today announced that its Board of Directors
has appointed Mark J. Gliebe, the
Company's current President and Chief Executive Officer and a
member of the Board of Directors, to serve as Chairman of the Board
effective January 2, 2012. Mr.
Gliebe succeeds Henry W. Knueppel,
who has resigned from the position of Chairman of the Board
pursuant to the plan previously announced. Mr. Knueppel will
remain on the Board of Directors.
Regal Beloit Corporation is a leading manufacturer of electric
motors, mechanical and electrical motion controls 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, Canada,
Mexico, Europe and Asia. Regal Beloit's common
stock is a component of the S&P Mid Cap 400 Index and the
Russell 2000 Index.
Website: www.regalbeloit.com
SOURCE Regal Beloit Corporation