BELOIT, Wis., June 15, 2018 /PRNewswire/ -- Regal Beloit
Corporation (NYSE: RBC) announced today that Mr. Terrence S. Hahn has joined the Company's Board
of Directors. His initial term on the board will continue until the
2019 annual shareholders meeting. Additionally, the Company
announced an increase in the size of the board from ten to eleven
directors.
Mr. Hahn has most recently served as an Officer of Honeywell
International, Inc. in the role of President and Chief Executive
Officer of Honeywell Home and Building Technologies since 2016 and,
after the public announcement in 2017 to spin the Homes and
Distribution businesses, has supported the transition.
Before assuming that role, he served with Honeywell as President
& Chief Executive Officer, Transportation Systems since 2013
based in Switzerland, and Vice
President & General Manager, Performance Materials &
Technologies, Fluorine Products since 2007. Prior to joining
Honeywell, Mr. Hahn served in key business, operation and
technology leadership roles with Air Products & Chemicals, Inc.
from 1988-2007 with positions based in Taiwan, Malaysia and Canada. Mr. Hahn holds an MBA from the Wharton
School of the University of
Pennsylvania and MEng and BS degrees in Materials Science
& Engineering from Lehigh
University.
"We are extremely pleased to have Terrence join the Regal
board. His integrated knowledge of software and hardware
technology, his global leadership experience and his background in
manufacturing will serve us well as we execute our strategy to grow
through innovation," stated Mark
Gliebe, Regal's Chairman and Chief Executive
Officer.
Regal Beloit Corporation (NYSE: RBC) is a leading manufacturer
of electric motors, electrical motion controls, power generation
and power transmission products serving markets throughout the
world. The company is comprised of three business segments:
Commercial and Industrial Systems, Climate Solutions and Power
Transmission Solutions. Regal is headquartered in Beloit, Wisconsin, and has manufacturing,
sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia. For more information, visit
RegalBeloit.com.
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SOURCE Regal Beloit Corporation