BELOIT, Wis., June 17, 2019 /PRNewswire/ -- Regal Beloit
Corporation (NYSE: RBC) announced today that Ms. Jan A. Bertsch has joined the Company's Board of
Directors. Her initial term on the board will continue until the
2020 annual meeting of shareholders. Additionally, the Company
announced an increase in the size of the board from nine to ten
directors and determined that Ms. Bertsch will join the Board's
Audit Committee, effective immediately.
Ms. Bertsch recently retired from Owens-Illinois, Inc., the world's leading glass
container manufacturer with revenues of $6.9
billion in 2018, where she was Senior Vice President and
Chief Financial Officer since 2015. Prior to joining
Owens-Illinois, Ms. Bertsch served
since 2012 as Executive Vice President and Chief Financial Officer
for Sigma-Aldrich, a $2.8 billion
life science and technology company. Prior to joining
Sigma-Aldrich, Ms. Bertsch was Treasurer and then Vice President,
Controller and Principal Accounting Officer at BorgWarner. She also
served as Corporate Treasurer and Chief Information Officer at
Chrysler LLC and earlier in various roles of increasing
responsibility in Finance and Treasury at Ford Motor Company. Ms.
Bertsch has a B.S. in Finance from Wayne State
University and an M.B.A. from Eastern
Michigan University. She also serves as a director of BWX
Technologies, Inc. and Meritor, Inc.
"Having served as a senior financial leader in several global
manufacturing companies, Jan brings a great wealth of experience to
the Regal board. She has been a CFO with a solid track record in
operations and strategy, value creation and asset optimization,"
said Regal Board Chairman, Rakesh
Sachdev. Chief Executive Officer, Louis Pinkham added, "Ms. Bertsch's impressive
credentials and experience make her an ideal fit for our
organization and will strengthen our board."
"I look forward to joining the Regal team and having an
opportunity to leverage my experience to help Regal deliver
shareholder value," said Ms. Bertsch.
Regal Beloit Corporation (NYSE: RBC) is a leading manufacturer
of electric motors and controls, power generation products and
power transmission products serving customers throughout the world.
We create a better tomorrow by developing and responsibly producing
energy-efficient products and systems.
Our company is comprised of three operating segments: Commercial
and Industrial Systems, Climate Solutions and Power Transmission
Solutions. Regal is headquartered in Beloit, Wisconsin and has manufacturing, sales
and service facilities worldwide. For more information, visit
RegalBeloit.com.
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SOURCE Regal Beloit Corporation