Regal Rexnord Names Mark Klossner EVP & President, Industrial Powertrain Solutions (IPS), Jerry Morton to Retire as EVP & President, IPS
Regal Rexnord appointed Mark Klossner as Executive Vice President and President of its Industrial Powertrain Solutions (IPS) segment, effective immediately. Klossner succeeds Jerry Morton, who is retiring after 11 years with the company and a 39-year career in power transmission. Morton will remain as EVP until December 31, 2026, to ensure a smooth transition.
Key figures
- Ips portfolio value
- $1.4 billion
AI analysis
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