Regal Rexnord Announces Leadership Transition in Industrial Powertrain Solutions

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Mark Klossner has been appointed as his successor, effective immediately. Morton will remain with the company as Executive Vice President until his retirement to ensure a smooth transition. Klossner, who joined Regal Rexnord in 2023 as part of the acquisition of Altra Industrial Motion Corporation, brings extensive experience in the power transmission business.

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About Regal Rexnord Corporation

Regal Rexnord Corporation is an industrial conglomerate specializing in the engineering and provision of high-efficiency electric motors, power transmission products, and electronic controls. As a key player in manufacturing, the company serves a plethora of sectors, including HVAC, food and beverage processing, transportation, and material handling industries. Regal Rexnord's offerings include a wide array of components from bearings and couplings to gear drives and electric motors, all pivotal for infrastructure and industrial applications. By combining Regal's robust motor technology with Rexnord's advanced power transmission systems, the corporation is positioned to enhance energy efficiency and reliability in operations worldwide. Established through the merger of Regal Beloit Corporation and Rexnord Process & Motion Control segment, the company sets industry standards for innovation and productivity. Its focus on sustainable and efficient mechanical components makes Regal Rexnord a crucial contributor to modern industrial processes, reflecting its importance in the global supply chain and industrial market landscape.