Regal Rexnord Names Mark Klossner EVP & President

Mark Klossner succeeds Jerry Morton, who is retiring after 11 years with Regal Rexnord Corporation and a 39 year career in the power transmission industry. Morton has led the Industrial Powertrain Solutions business since 2023 and will remain with the company as Executive Vice President until December 31, 2026, to support a smooth transition of leadership.

Mark Klossner’s promotion is part of Regal Rexnord Corporations long term leadership succession plan, developed with oversight from the companys Board of Directors. He joined Regal Rexnord in March 2023 through the acquisition of Altra Industrial Motion Corporation and initially served as Senior Vice President, and General Manager of the Couplings Division.

In June 2024 Klossner was promoted to Group President of the Couplings, and Gearing Divisions, overseeing a business portfolio of approximately $1.4 billion. Before joining Regal Rexnord, he spent 19 years at Altra Motion, including six years as President of the Gearing Division and seven years as President of the Couplings Division.

Mark Klossner holds an MBA from the Kellogg School of Management, a Master of Engineering Management from the McCormick School of Engineering at Northwestern University and a Bachelor of Science degree in Materials Science and Engineering from Cornell University.

Louis Pinkham, CEO of Regal Rexnord, commented, "Mark brings a powerful combination of operational rigor, strategic vision and deep product and industry expertise to this role. Over the past several years, he has demonstrated exceptional leadership, driving growth across our couplings and gearing businesses. I am confident Mark will continue to build on that momentum, and lead the Industrial Powertrain Solutions segment into its next phase of profitable growth."

Klossner said, "I am honored to step into this role and excited about the opportunity ahead. Industrial Powertrain Solutions has a strong foundation, including unrivaled product and go-to-market scale and scope in the markets it serves. I look forward to working with our talented teams around the world to serve our customers and accelerate profitable growth."

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Pinkham added, "On behalf of the entire Regal Rexnord team, I want to thank Jerry for his decades of leadership, commitment, and impact. He has played a critical role in positioning our company for long term success, and his influence will be felt for years to come. We wish Jerry and his family the very best in his retirement."

About Regal Rexnord

Founded in 1955, Regal Rexnord Corporation is a global industrial technology company with around 30,000 employees worldwide. The company develops products that power, control, and manage motion, including electric motors, power transmission systems, automation technologies, controllers, drives, actuators and precision motors. It's solutions are used in a wide range of industries, from manufacturing and industrial equipment to advanced medical and surgical applications.

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