Regal Beloit Corporation announced that at the Effective Time, pursuant to a previously announced appointment by the Board, Jerrald R. Morton became President, Integration - Motion Control Solutions of the Company. Mr. Morton joined Regal in 2015 and became President of the PTS segment in 2019. Prior to that position, Mr. Morton served as the Business Leader of PTS from 2017-2019 and Vice President of PTS from 2015-2016. In addition, at the Effective Time, pursuant to previously announced appointments by the Board, Kevin J. Zaba became President, Motion Control Solutions of the Company and Daniel J. Klun became Vice President and Corporate Controller of the Company, in which capacity Mr. Klun serves as the Company's principal accounting officer. Mr. Zaba has served as President of Rexnord's PMC segment since 2016. He also served as the President of Rexnord's Power Transmission Group from 2014 to 2016. Prior to joining Rexnord, Mr. Zaba served in various positions with Rockwell Automation Inc.
Regal Rexnord Corporation is engaged in the engineering and manufacturing of factory automation sub-systems, industrial powertrain solutions, automation and mechanical power transmission components, electric motors and electronic controls, air-moving products, and specialty electrical components and systems. Its segments consists of Industrial Powertrain Solutions (IPS), Power Efficiency Solutions (PES), and Automation & Motion Control (AMC). Its IPS segment designs, produces and services mounted and unmounted bearings, couplings, mechanical power transmission drives, gearboxes and gear motors, clutches, brakes, and industrial powertrain components. Its PES segment designs and produces fractional to approximately five horsepower alternating current and direct current motors, electronic variable speed controls, and more. Its AMC segment designs, produces and services conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solution, and more.