Regal Rexnord hires Aamir Paul as next CEO
Regal Rexnord Corporation has named Aamir Paul as its next Chief Executive Officer, with his tenure to begin no later than July 1, 2026, following completion of his responsibilities at Schneider Electric SE.
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Form Type
8-K
Rhea-AI Filing Summary
Regal Rexnord Corporation has named Aamir Paul as its next Chief Executive Officer, with his tenure to begin no later than July 1, 2026, following completion of his responsibilities at Schneider Electric SE. He will also join the Board of Directors when his employment starts, with an initial term running until the 2027 annual meeting, while current CEO Louis Pinkham will remain in place until the transition and then resign from all roles.
Paul currently serves as President of North America at Schneider Electric, where the North America business generated over $17 billion in revenue in 2025, employed more than 43,000 people, and operated over 35 manufacturing facilities. His compensation package at Regal Rexnord includes a $1,200,000 base salary, an annual target bonus equal to 130% of base salary, and a 2026 long‑term incentive target of $7,250,000, plus a sign‑on cash award of $575,000 and $8,200,000 in restricted stock units to replace forfeited Schneider compensation, along with eligibility under the company’s Executive Severance Policy.
Insights
CEO transition brings an experienced external leader on a sizable, retention‑focused pay package.
The company is moving from Louis Pinkham to Aamir Paul as CEO by July 1, 2026, after a previously disclosed search process. The Board is pairing the leadership change with Board refreshment, as Paul will join the Board when he becomes CEO and Pinkham steps down.
Paul’s background leading Schneider Electric’s North America business, which generated over $17 billion of 2025 revenue and employed more than 43,000 people, suggests experience with complex global operations. His pay mix—base salary, a 130% target bonus, and a $7.25 million 2026 long‑term incentive—leans heavily on variable and equity compensation.
The additional $575,000 sign‑on cash and $8.2 million in restricted stock units are designed to offset forfeited compensation, with vesting and clawback‑style features tied to tenure and certain termination scenarios. Investors may focus on how Paul’s strategy is outlined during the first quarter earnings call scheduled for May 7, 2026, where the company plans to provide further commentary.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
CEO base salary: $1,200,000 per year
Target annual bonus: 130% of base salary
2026 LTI target: $7,250,000
+5 more
8 metrics
CEO base salary
$1,200,000 per year
Annual base salary for Aamir Paul as CEO
Target annual bonus
130% of base salary
Aamir Paul’s annual target bonus opportunity
2026 LTI target
$7,250,000
Target value of 2026 long-term incentive award for Aamir Paul
Sign-on cash award
$575,000
Cash sign-on payment to Aamir Paul, subject to repayment conditions
Sign-on RSUs value
$8,200,000
Restricted stock units granted to offset forfeited Schneider compensation
Schneider NA revenue
Over $17 billion
2025 revenue of Schneider Electric’s North America business led by Paul
Schneider NA employees
Over 43,000 people
Headcount in Schneider Electric’s North America business in 2025
Schneider NA facilities
Over 35 manufacturing facilities
Manufacturing footprint for Schneider Electric’s North America business
Key Terms
restricted stock units, Executive Severance Policy, Regulation FD, forward-looking statements, +2 more
6 terms
restricted stock units financial
"a grant of restricted stock units with a value of $8,200,000, vesting ratably"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Executive Severance Policy financial
"Mr. Paul will be eligible to participate in the Company’s Executive Severance Policy"
Regulation FD regulatory
"Item 7.01 Regulation FD Disclosure."
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
forward-looking statements regulatory
"All statements in this communication, other than those relating to historical facts, are “forward-looking statements.”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the new CEO of Regal Rexnord (RRX) and when will he start?
Regal Rexnord’s new CEO will be Aamir Paul, currently President of North America at Schneider Electric. He will assume the CEO role no later than July 1, 2026, after completing his responsibilities with Schneider Electric.
What compensation will Aamir Paul receive as CEO of Regal Rexnord (RRX)?
Aamir Paul will receive a $1,200,000 base salary, an annual target bonus equal to 130% of salary, and a 2026 long‑term incentive target of $7,250,000. He will also get a $575,000 sign‑on cash award and $8,200,000 in restricted stock units.
Why is Regal Rexnord (RRX) giving Aamir Paul sign-on awards?
Regal Rexnord is providing a $575,000 sign‑on cash award and $8,200,000 in restricted stock units to compensate Aamir Paul for compensation he will forfeit at Schneider Electric. The RSUs vest over two years or earlier under certain termination conditions.
What is Louis Pinkham’s role during the CEO transition at Regal Rexnord (RRX)?
Louis Pinkham will remain Chief Executive Officer until Aamir Paul’s start date, helping ensure continuity. Effective as of June 30, 2026, or an earlier agreed date, he will cease serving as CEO and resign from all officer and director positions at Regal Rexnord and its affiliates.
What experience does Aamir Paul bring to Regal Rexnord (RRX)?
Aamir Paul leads Schneider Electric’s North America business, which generated over $17 billion in 2025 revenue, employed more than 43,000 people, and operated over 35 manufacturing facilities. He previously held senior roles at Dell Technologies and serves on several industry and civic boards.
Will Regal Rexnord (RRX) discuss the CEO transition further with investors?
Regal Rexnord stated it does not plan to provide additional commentary on the CEO transition before its first quarter earnings conference call scheduled for May 7, 2026. Further discussion of the leadership change is expected in connection with that call.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 22, 2026
(Exact name of registrant as specified in its charter)
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(Commission File Number) |
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(IRS Employer Identification No.) |
(Address of Principal Executive Offices, Including Zip Code)
Registrant’s Telephone Number: (608 )
364-8800
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Title of each class
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Trading symbol
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or
Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 22, 2026, Regal Rexnord Corporation (the “Company”) announced that Aamir Paul will succeed Louis V. Pinkham as the Company’s Chief Executive
Officer, effective no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE (“Schneider”). The Board of Directors (the “Board”) of the Company has also determined that Mr. Paul will
serve on the Board as a director, effective on the commencement of his employment with the Company and the resignation of Mr. Pinkham as a director, with an initial term continuing until the Company’s 2027 annual meeting of shareholders. The
Company had previously announced Mr. Pinkham’s transition on October 29, 2025.
Mr. Paul, age 48, has served as President of North America and a member of the Executive Committee of Schneider, a leading global energy management
and automation company, since 2022. Prior to this, Mr. Paul held positions of increasing responsibility at Schneider from 2013 to 2022, including as U.S. Country President for more than three years, where he was responsible for its commercial
operations, and as the leader of the Business Operations and the National Sales teams for the U.S. Mr. Paul also previously worked at Dell Technologies Inc., a global technology company, where he held several key roles, including serving as
Senior Vice President of Server Solutions, leading the development and execution of the go-to-market strategy for key markets and customer segments worldwide. Mr. Paul also serves as a board member of USG Corporation, a privately-held
manufacturer of building materials and innovative solutions, and as director for the National Association of Manufacturers (NAM), the National Electrical Manufacturers Association (NEMA), National Association of Electrical Distributors, and the
Executives’ Club of Chicago. Mr. Paul holds a Bachelor of Science degree in chemical engineering from Northwestern University and has completed advanced management studies at The University of Chicago Booth School of Business and INSEAD.
In connection with his appointment as Chief Executive Officer, Mr. Paul entered into an offer letter with the Company providing for an annual base
salary of $1,200,000, an annual target bonus opportunity equal to 130% of base salary (pro-rated for 2026), eligibility for an annual long-term incentive award with a target value of $7,250,000 for 2026, and eligibility to participate in the
Company’s other employee benefit plans. To compensate Mr. Paul for certain compensation that he will forfeit from Schneider, he will also receive (i) a sign-on cash award of $575,000, repayable upon a termination for cause or a resignation
without good reason within one year of the commencement of his employment with the Company and (ii) a grant of restricted stock units with a value of $8,200,000, vesting ratably on the first and second anniversaries of the grant date or earlier
upon a termination without cause or a resignation for good reason. Mr. Paul will be eligible to participate in the Company’s Executive Severance Policy at the benefit levels applicable to the Chief Executive Officer and to receive severance
benefits thereunder in the event of a termination without cause or resignation for good reason.
As previously disclosed, effective as of June 30, 2026, or an earlier mutually agreed date, Mr. Pinkham will cease to serve as the Company’s Chief Executive Officer and
in all other officer and director positions he holds at the Company and its affiliates.
Item 7.01 Regulation FD Disclosure.
On April 22, 2026, the Company issued a press release announcing the appointment of Mr. Paul. A copy of the press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended,
or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Description
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10.1
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Offer Letter with Aamir Paul.
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99.1
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Press Release.
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104.1
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Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
| REGAL REXNORD CORPORATION | ||||
| Date: April 22, 2026 |
By:
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/s/ Molly Johnson | ||
| Name: | Molly Johnson | |||
| Title: | Vice President, Associate General Counsel & Assistant Secretary | |||
Exhibit 99.1
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Regal Rexnord Corporation
111 West Michigan Street
Milwaukee, WI 53203
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www.regalrexnord.com
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DATE:
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Wednesday, April 22, 2026
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CONTACT:
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Robert Barry
Vice President, Investor Relations
608.361.7530
Robert.Barry@regalrexnord.com
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Regal Rexnord Corporation Announces Aamir Paul As Its Next Chief Executive Officer
MILWAUKEE, WI, April 22, 2026 – Regal Rexnord Corporation (NYSE: RRX) announced today that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO)
commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr. Paul will serve as a member of the Board of Directors effective upon the
commencement of his employment with the Company, with an initial term continuing until the Company’s 2027 Annual Meeting of Shareholders.
As previously disclosed on October 29, 2025, the Board initiated a comprehensive search to identify a successor to current CEO, Louis Pinkham. To help ensure continuity and a smooth
leadership transition, Mr. Pinkham will remain CEO until Mr. Paul’s start date, at which time Mr. Paul will succeed him. Mr. Pinkham will also resign from the Board of Directors effective on his last day as CEO.
Mr. Paul, age 48, is a recognized leader with deep global experience across sales, strategy, and operations management having lived and worked in Europe and the U.S. He joins Regal
Rexnord from Schneider Electric, a leading global energy management and automation company, where he serves as President of North America. Mr. Paul took over the North America business in 2022, at which time he also joined the Executive Committee,
and proceeded to grow the business at double digit rates through 2025. In 2025, the business generated over $17 billion (USD) in revenue, employed over 43,000 people, and ran over 35 manufacturing facilities.
Mr. Paul joined Schneider Electric in 2013 and, during his tenure, held multiple senior leadership roles of increasing responsibility across sales, business operations, and
commercial execution. Prior to Schneider Electric, Mr. Paul spent over 13 years at Dell Technologies in sales roles with increasing seniority, ultimately serving as SVP, Global Server Solutions Sales, where he led Dell’s worldwide go-to-market strategy for servers and oversaw global sales for Data Center Solutions and High‑Performance Computing.
“After a comprehensive search, the Board concluded that Aamir is an exceptional leader who is well-prepared to
guide Regal Rexnord through its next phase of growth” said Rakesh Sachdev, Non-Executive Chairman of Regal Rexnord’s Board of Directors. “The Board is excited about many aspects of Aamir’s background, but in particular, his long track record
driving growth across complex global businesses, his commitment to building strong teams and developing talent, his ability to foster an innovation culture, and his deep experience in the core strategic Regal Rexnord growth markets, including data
center and discrete automation. He also brings a strong appreciation for how leadership in energy efficiency and sustainability creates long-term value for a company’s key stakeholders.”
Mr. Sachdev continued, “On behalf of the Board, I want to again thank Louis Pinkham for his outstanding
leadership and many contributions to Regal Rexnord. Part of Louis’s enduring legacy will be the strength of Regal Rexnord’s values, talent, and transformed portfolio, which we believe position the Company well for continued success. We wish him the
very best in his future endeavors.”
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Regal Rexnord Corporation
111 West Michigan Street
Milwaukee, WI 53203
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www.regalrexnord.com
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Added Mr. Paul, “As I have come to know Regal Rexnord, I have become increasingly excited about the tremendous
growth potential of the Company’s portfolio, its unique scale and scope, and its market-leading technologies. I look forward to further capitalizing on Regal’s 80/20 operating philosophy to drive continued focus, execution, and value creation
across the enterprise. I am eager to work with the talented team at Regal Rexnord and leverage my commercial and operational experience to help ensure the Company maximizes its full potential for its customers, its people, and its shareholders.”
Mr. Paul holds a B.S. in chemical engineering from Northwestern University, and has completed advanced management studies at The University of Chicago Booth School
of Business and INSEAD. He serves as a board member of USG Corporation, a privately-held manufacturer of building materials and innovative solutions. He is also actively involved in industry and civic leadership, serving on the boards of
organizations including the National Association of Manufacturers (NAM), the National Electrical Manufacturers Association (NEMA), the National Association of Electrical Distributors, and the Executives’ Club of Chicago.
The Company does not plan to provide additional commentary on the CEO transition prior to its first quarter earnings conference call, scheduled for May 7, 2026.
About Regal Rexnord
Regal Rexnord’s 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric
motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering,
comprised of controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include discrete automation, food & beverage, aerospace & defense, medical, data center,
energy, residential and commercial buildings, general industrial, and metals and mining.
Regal Rexnord is comprised of three operating segments: Automation & Motion Control, Industrial Powertrain Solutions, and Power Efficiency Solutions. Regal Rexnord is
headquartered in Milwaukee, Wisconsin and has manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Forward Looking Statements
All statements in this communication, other than those relating to historical facts, are “forward-looking statements.” Forward-looking statements can generally be identified by
their use of terms such as “anticipate,” “believe,” “expect,” “intend,” “plan,” “may,” “will,” “would,” “could,” “should,” and similar expressions, including references to assumptions. Forward-looking statements are not guarantees of future
performance and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements, including but not limited to factors that can be found
in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, which is available on our Investor Relations website. Forward-looking statements are given only as of the date of this communication and
we disclaim any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
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