Leadership change Aug 2021 · Beloit, Wisconsin Verified
Regal Beloit Appoints Two New Directors Ahead of Merger
Regal Beloit appointed Theodore D. Crandall and Robin A. Walker-Lee to its Board of Directors, effective upon the closing of the Rexnord PMC merger. Both appointees are independent directors from the Rexnord board.
“on August 10, 2021, contingent and effective upon the occurrence of the Effective Time, the Board expanded the size of the Board by two directors and appointed Theodore D. Crandall and Robin A. Walker-Lee as members of the Board”
Entities
Regal Beloit Corp. · Acquirer Rexnord Corporation · Target
HVACOther Sentiment: Positive
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