Regal Rexnord Updates Shareholders on CEO Succession Efforts Progress

Milwaukee, Wisconsin - March 16, 2026
Regal Rexnord Corporation (NYSE: RRX) has provided its latest updates on the ongoing succession process for its Chief Executive Officer. This announcement follows the initial news shared with investors on October 29, 2025.

Background of the Succession Process

The Board of Directors has been actively searching for a suitable successor to the current CEO, Louis Pinkham. This comprehensive search is being facilitated by a renowned executive search firm and is supported by an independent committee dedicated specifically to this task.

With several strong candidates already identified, the search is moving ahead efficiently. In order to ensure a seamless transition and to provide the Board with ample time to complete this vital process, an agreement has been reached between Mr. Pinkham and the Board of Directors. He will continue to serve in his role until June 30, 2026, or until a new CEO is appointed, should that occur prior to the specified date.

Insights from Leadership

Rakesh Sachdev, the Chairman of the Board, expressed optimism about the quality of candidates under consideration. He stated, “The CEO succession process is progressing well, and we are encouraged by the depth and quality of candidates under consideration.” The decision to extend Mr. Pinkham's term aims to allow the Board to conduct a thorough search while ensuring continuity for customers, employees, and shareholders alike.

In response, Mr. Pinkham conveyed his commitment to facilitating a successful transition, emphasizing that the company remains focused on executing its business strategies. “It remains an honor to serve as Chief Executive Officer of Regal Rexnord. At the request of the Board, I have agreed to extend my service to continue supporting a smooth and successful transition, which has always been my highest priority,” he noted.

The Company’s Commitment to Excellence

As Regal Rexnord navigates this leadership change, the company remains dedicated to its growth strategies and routine operations. The leadership team is energized and focused on achieving another successful year, underscoring their commitment to innovation and customer satisfaction.

About Regal Rexnord

Regal Rexnord is a global leader in sustainable solutions that control motion across diverse industries. With a workforce of around 30,000 associates worldwide, the company specializes in electric motors, automation systems, and power transmission components essential for various applications, from industrial sectors to medical equipment. The firm operates three segments: Automation & Motion Control, Industrial Powertrain Solutions, and Power Efficiency Solutions. Headquartered in Milwaukee, Wisconsin, Regal Rexnord has a robust presence internationally, constantly pushing boundaries to provide cutting-edge solutions.

The company sees potential growth in numerous sectors, including food and beverage, aerospace, medical, and data centers. With a steadfast focus on sustainability and innovation, Regal Rexnord is poised to meet the evolving demands of its markets.

As Regal Rexnord continues to evaluate its leadership, updates will be shared as necessary, keeping stakeholders informed on the significant steps being taken.

Forward-Looking Statements

It's essential to note that all statements other than historical facts in this announcement are considered forward-looking. These statements involve risks and uncertainties which could cause actual results to vary, and the company does not commit to updating these forecasts unless obligated by law.

For further details about Regal Rexnord, including access to their Sustainability Report, visit RegalRexnord.com.