Group 1 - Regal Rexnord Corporation appointed two new directors, Rashida A. Hodge and Gerben W. Bakker, effective February 17, 2025, with terms continuing until the 2025 annual meeting of shareholders [1] - Rashida A. Hodge is currently Microsoft's Corporate Vice President of Customer Success – Azure Data and AI, with prior experience as Global Vice President at IBM [2] - Gerben W. Bakker serves as Chairman, President, and CEO of Hubbell Incorporated, with a career at Hubbell starting in 1988 [3] Group 2 - Regal Rexnord's CEO, Louis Pinkham, expressed excitement about the new board members, highlighting their experience in technology, AI, and global manufacturing [4] - Anesa Chaibi is retiring from the Board effective February 17, 2025, after over ten years of service, and the Board size will increase from ten to eleven directors [5] Group 3 - Regal Rexnord employs 30,000 associates globally, providing sustainable solutions for motion control and power transmission [6] - The company operates in various end markets, including factory automation, food & beverage, aerospace, medical, and alternative energy, benefiting from strong secular demand [7] - Regal Rexnord consists of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control [8]
Rashida Hodge of Microsoft and Gerben Bakker of Hubbell Join Regal Rexnord Board of Directors