BELOIT, Wis., Dec. 9, 2019 /PRNewswire/ -- Regal Beloit
Corporation (NYSE: RBC) announced today that Mr. Michael F. Hilton has joined the Company's Board
of Directors. His initial term on the board will continue
until the 2020 annual shareholders meeting. Additionally, the
Company announced an increase in the size of the board from ten to
eleven directors.
Mr. Hilton recently retired from his role as President and Chief
Executive Officer with Nordson Corporation. He had been in
that role since 2010. Before joining Nordson, he was Senior
Vice President and General Manager, Electronics and Performance
Materials with Air Products and Chemicals, Inc. from 2007 to
2010. Prior to that, he spent over 30 years with Air Products
and Chemicals in various roles of increasing
responsibility. Mr. Hilton holds a Master of Business
Administration degree and a Bachelor of Science in Chemical
Engineering degree from Lehigh University. He currently serves
as a director of Lincoln Electric Holdings, Inc. and Ryder System,
Inc. He will be departing the Nordson Corporation board at the
end of 2019.
"Mike is a transformational leader who drove an extended period
of profitable growth at Nordson. Mike brings a great wealth of
experience to the Regal board. He has a solid track record of
driving continuous improvement in all areas of the business," said
Regal Board Chairman, Rakesh
Sachdev. Chief Executive Officer, Louis Pinkham added, "Mike's focus on growth
through innovative products, emerging markets and strategic
acquisitions will make him an ideal fit for our organization and
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 Mr. Hilton.
Regal Beloit Corporation (NYSE: RBC) is a global leader in the
engineering and manufacturing of electric motors and controls,
power generation products and power transmission 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