Regal Rexnord Announces Retirement of Industrial Powertrain Solutions President, Appoints Internal Successor
RRX sits 58% above its 52-week low of $127.96.
Summary
Regal Rexnord announced the planned retirement of Jerry Morton, EVP & President of Industrial Powertrain Solutions, effective December 31, 2026, with Mark Klossner appointed as his successor.
Key Events · Executive and Board Changes · RRX
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Executive Retirement Announced
Jerry Morton, Executive Vice President & President of Industrial Powertrain Solutions, will retire from Regal Rexnord on December 31, 2026, after 11 years with the company.
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New Segment President Appointed
Mark Klossner has been appointed Executive Vice President & President of Industrial Powertrain Solutions, effective June 1, 2026. Klossner previously served as Group President of the Couplings and Gearing Divisions.
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Planned Leadership Transition
Mr. Morton will remain with the company until his retirement date to ensure a smooth leadership transition to Mr. Klossner, reflecting the company's internal succession planning.
Analysis · RRX · Technology
This filing details a significant leadership transition within Regal Rexnord's Industrial Powertrain Solutions segment. The planned retirement of a long-serving executive, Jerry Morton, coupled with the appointment of an internal successor, Mark Klossner, indicates a smooth and deliberate succession process. This follows recent changes at the CEO level, suggesting a broader executive refresh aimed at ensuring continuity and strategic alignment.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RRX was trading at $201.72 on NYSE in the Technology sector, with a market capitalization of approximately $13.4B. The 52-week trading range was $127.96 to $236.35. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.