The Board of Directors of Regal Rexnord (RRX) announced that it is engaged in a CEO search process consistent with the Board’s succession planning process and responsibilities. The Board of Directors is grateful to Louis Pinkham, the company’s current CEO, for his leadership and many significant contributions to the company since being appointed CEO in April 2019. During his tenure, Pinkham led the transformation of the company to become a global leader in automation and motion control, power transmission, and power efficiency solutions. As a result, and during his tenure, the enterprise value of the company has increased to $15 billion from ~$4.5 billion, with a total shareholder return of nearly 100%.
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