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Rexnord Corp (RXN.N)

RXN.N on New York Stock Exchange

26.39USD
18 Oct 2018
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Summary

Name Age Since Current Position

Paul Jones

69 2015 Independent Non-Executive Chairman of the Board

Todd Adams

47 2009 President, Chief Executive Officer, Director

Mark Peterson

46 2011 Chief Financial Officer, Senior Vice President

Sudhanshu Chhabra

52 2016 Corporate Executive

Craig Wehr

53 2014 Group Executive, President - Zurn

Kevin Zaba

51 2016 Group Executive, President - Process & Motion Control Platform

George Powers

51 2015 Chief Human Resource Officer

Rodney Jackson

48 2014 Senior Vice President-Business and Corporate Development

Patricia Whaley

59 2002 Vice President, General Counsel, Secretary

Mark Bartlett

67 2012 Independent Director

Thomas Christopoul

53 2013 Independent Director

Theodore Crandall

62 2015 Independent Director

David Longren

59 2016 Independent Director

George Moore

63 2015 Independent Director

John Stropki

67 2014 Independent Director

John Stroup

52 2008 Independent Director

Robin Walker-Lee

64 2015 Independent Director

Biographies

Name Description

Paul Jones

Mr. Paul W. Jones is the Independent Non-Executive Chairman of the Board of the Company. Mr. Jones, age 69, has served as the Non-Executive Chairman of Rexnord since 2015. He retired in 2014 as the Chairman, Chief Executive Officer and President of A.O. Smith Corporation, a manufacturer of water heating and water treatment systems. Prior to joining A.O. Smith in 2004, Mr. Jones was Chairman and Chief Executive Officer of U.S. Can Company, Inc., a leading provider of containers for personal care, household, paint and industrial products. Mr. Jones previously held various roles, including President and Chief Executive Officer, at Greenfield Industries, Inc., a manufacturer of cutting tools and other material removal products. Mr. Jones currently serves as a director of A.O. Smith. Mr. Jones previously served as a director of Federal Signal Corporation, where he chaired the nominating and governance committee and was a member of the compensation and benefits committee, until his retirement from its board in May 2018, WEC Energy Group, Inc., where he was a member of the audit and oversight committee, until his retirement from its board in December 2017, and Integrys Energy Group, Inc., where he chaired its financial committee and was a member of its audit committee, until its acquisition by WEC Energy Group in 2015. Mr. Jones serves as a director because of his extensive leadership and management experience, including as chief executive officer and chairman, at multinational companies, because he is an experienced strategist focused on enterprise growth and because he is and has been a director of several other publicly traded companies and brings insights as to best practices from those experiences.

Todd Adams

Mr. Todd Alan Adams serves as President, Chief Executive Officer and Director of the Company. Mr. Adams joined us in 2004 and has served in various roles, including Chief Financial Officer and President of the Water Management segment; he became our President and CEO in 2009. Mr. Adams is also a director of Badger Meter, Inc. and Generac Holdings Inc. Mr. Adams serves on our board of directors because he has significant experience in the manufacturing industry and an in-depth knowledge of Rexnord and our business as well as because he is our Chief Executive Officer.

Mark Peterson

Mr. Mark W. Peterson serves as Chief Financial Officer, Senior Vice President of the Company., since November 7, 2011. Mark W. Peterson became our Senior Vice President and Chief Financial Officer in 2011. Mr. Peterson previously served as Vice President and Controller of Rexnord from 2008 to 2011 and as a Rexnord Divisional CFO from 2006 to 2008. Mr. Peterson is a certified public accountant.

Sudhanshu Chhabra

Mr. Sudhanshu Chhabra is President – Consumer Goods - Process & Motion Control Platform of the Company, since July 2016. Mr. Chhabra was Rexnord's President - Consumer Goods and Regional Executive - India from 2016 to 2018 after having joined Rexnord in 2014 as President & Regional Executive for India and the Middle East. Prior to joining Rexnord, Mr. Chhabra served in various positions with Danaher Corporation, a diversified manufacturer, since 2005, most recently as President – Asia, Gilbarco Veeder-Root Inc. in 2014 and as Managing Director – India, Gilbarco Veeder-Root Inc. from 2007 to 2013.

Craig Wehr

Mr. Craig G. Wehr serves as Group Executive, President - zurn group of the Company. Craig G. Wehr became President of our Zurn Group in 2013. Mr. Wehr previously served in various positions with Zurn Industries LLC since 1993, including as Vice President / General Manager of Zurn Specification Drain Operations from 2011 to 2012 and as Zurn Group Vice President of Sales and Marketing from 2007 to 2011.

Kevin Zaba

Mr. Kevin J. Zaba serves as Group Executive, President - Process & Motion Control Platform of the Company. Kevin J. Zaba became President of our Process & Motion Control Platform in April 2016. He also served as the President of our Power Transmission Group from 2014 to 2016. Prior to joining Rexnord, Mr. Zaba served in various positions with Rockwell Automation, Inc., a leader in industrial automation and information, since 2004, most recently as Vice President – Solutions, Services & Sales in 2014, as Vice President / General Manager – Control & Visualization Products Business from 2011 to 2014 and as Managing Director – Systems and Solutions Asia Pacific Region from 2008 to 2011.

George Powers

Mr. George J. Powers serves as Chief Human Resources Officer of Company. Prior to joining Rexnord, Mr. Powers served in various positions with Schneider Electric, a global energy management company, since 1993, most recently as Senior Vice President, Human Resources – Global Solutions Division, from 2013 to 2015.

Rodney Jackson

Mr. Rodney Jackson serves as Senior Vice President-Business and Corporate Development. Prior to joining Rexnord, Mr. Jackson was a member of Danaher Corporation’s Corporate Development team, most recently as Vice President of Corporate Development and M&A lead for its product identification and motion platforms. Prior to joining Danaher in 2007, Mr. Jackson served in various roles of increasing responsibility with Pentair and worked in investment banking at Goldman Sachs.

Patricia Whaley

Ms. Patricia M. Whaley serves as vice president, general counsel, secretary of the Company. Ms. Whaley previously served in various legal positions of increasing responsibility with Rexnord and its prior parent corporations, including as Division Senior Counsel for the Automation Systems Division of Invensys plc and corporate counsel for BTR Inc.

Mark Bartlett

Mr. Mark S. Bartlett is an Independent Director of the Company. Mr. Bartlett, age 67, is a retired Ernst & Young LLP (“E&Y”) partner. Mr. Bartlett joined E&Y in 1972 and worked there until his retirement in 2012, including having served as Managing Partner of E&Y’s Baltimore office and as Senior Client Service Partner for the Mid-Atlantic Region. Mr. Bartlett is a certified public accountant and has extensive experience serving global manufacturers, as well as companies in other industries. Mr. Bartlett also has experience in mergers and acquisitions, SEC rules and regulations, public offerings and financing alternatives. Mr. Bartlett currently serves as a director, chairman of the audit committee and member of the executive compensation and management development committee of T. Rowe Price Group, Inc., as a director and chairman of the audit committee of WillScot Corporation and as a director and member of the audit committee of FTI Consulting, Inc. Mr. Bartlett serves as a director due to his significant accounting experience, as well as his expertise in the manufacturing industry, and in mergers and acquisitions and securities regulation. The board has considered Mr. Bartlett’s commitments to serve on the other audit committees and has affirmatively determined that such simultaneous service does not impair his ability to effectively serve effectively on Rexnord’s Audit Committee.

Thomas Christopoul

Mr. Thomas D. Christopoul is an Independent Director of the Company. Mr. Christopoul, age 53, has served as a co-founder, Managing Partner and Executive Vice President of 54 Madison Partners, a real estate private equity investment firm, since 2015. He previously served as a Senior Partner and Head of Real Estate Investment, at Cain Hoy Enterprises, LLC, an investment firm launched by Guggenheim Partners, since 2014. Prior to that time, Mr. Christopoul was a Senior Managing Director in the Real Estate Group at Guggenheim Partners, since 2013. Previously, he was a senior advisor at Falconhead Capital, LLC, a boutique private equity firm in New York City, since 2009, and served as executive chairman of two of Falconhead’s portfolio companies – GPSi Holdings, LLC and Rita’s Water Ice Franchise Company. Mr. Christopoul is also an active venture capital investor through Somerset Shore Associates, Inc., a private investment company he founded in 2006. Mr. Christopoul served as a director, member of the audit committee and chairman of the compensation committee of the board of directors of Apollo Residential Mortgage, Inc. until it was acquired in 2016. Prior to joining Falconhead, Mr. Christopoul was President and Chief Executive Officer of Resources Connection, Inc., a multi-national professional services firm; prior thereto, he was an independent member on Resources’ board of directors. Mr. Christopoul serves as a director due to his significant and varied business experience.

Theodore Crandall

Mr. Theodore D. Crandall is an Independent Director of the Company. Mr. Crandall, age 62, has served as the Senior Vice President, Control Products and Solutions of Rockwell Automation, Inc., a leading global provider of industrial automation power, control and information solutions, since 2017, and he will hold that position until July 1, 2018. Mr. Crandall has announced his intention to retire from Rockwell near the end of calendar year 2018. Effective July 2, 2018, he will move into the position of Senior Vice President and will assist in transition matters until his retirement. He previously served as the Senior Vice President and Chief Financial Officer of Rockwell from 2007 to 2017. Prior thereto, Mr. Crandall served in various capacities at Rockwell and related companies, including previous service as Senior Vice President, Control Products and Solutions and as Senior Vice President of its Component & Packaged Applications Group. Mr. Crandall serves on the board of governors of the National Electrical Manufacturers Association. Mr. Crandall serves as a director due to his extensive financial and accounting experience, including as a chief financial officer of a multinational public company.

David Longren

Mr. David C. Longren is an Independent Director of the Company. Mr. Longren, age 59, is a retired Senior Vice President of Polaris Industries, Inc., a designer, engineer and manufacturer of off-road vehicles, snowmobiles, motorcycles and small vehicles, a position he held from 2015 until 2016. Mr. Longren served in various capacities at Polaris since 2003, including President, Off-Road Vehicles, Vice President, Chief Technical Officer, and Director of Engineering for the ATV Division. Prior to joining Polaris, Mr. Longren was a Vice President in the Weapons Systems Division of Alliant Techsystems and Senior Vice President, Engineering and Marketing at Blount Sporting Equipment Group. Mr. Longren serves as a director due to his extensive product development and innovation experience.

George Moore

Mr. George C. Moore is an Independent Director of Company. Mr. Moore, age 63, has served as a director of: Encapsys, LLC, a provider of custom microencapsulation services for use in the building and construction, paper, bedding, and personal and household care industries, since 2015; IPS Corporation, a provider of solvent cements and adhesives for residential, commercial and industrial use, as well as plumbing and roofing products, since 2017; Cypress Performance Group LLC, the parent holding company of Encapsys, LLC and IPS Corporation, since 2017; and Industrial Container Services, LLC, a provider of reusable container solutions, since 2017. Mr. Moore served as a director of Wastequip, Inc., a leading manufacturer of waste handling and recycling equipment in North America, from 2012 until February 2018, and Pro Mach, Inc., a provider of integrated packaging and processing products and solutions, from 2015 until February 2018. Mr. Moore previously served in various capacities with Rexnord from 2006 to 2012, including as our Chief Financial Officer from 2006 to 2008, and as our acting CFO for portions of 2009 and 2010; however, as of 2011, he was no longer deemed a Rexnord executive officer under the Securities Exchange Act. Mr. Moore previously served as the Executive Vice President and Chief Financial Officer of Maytag Corporation, a manufacturer of major appliances and household products, and as group chief financial officer and group vice president of finance at Danaher Corporation, a manufacturer of process/environmental controls and tools and components. Mr. Moore began his career at Arthur Andersen & Co., a former accounting firm. Mr. Moore serves as a director due to his extensive financial and accounting experience, including as chief financial officer, at multinational companies.

John Stropki

Mr. John M. Stropki, Jr. is an Independent Director of the Company. Mr. Stropki, age 67, is the retired Chairman, Chief Executive Officer and President of Lincoln Electric Holdings, Inc., a global manufacturer of welding, cutting and brazing products. Mr. Stropki served for more than 40 years in a variety of progressively more responsible roles at Lincoln Electric Holdings, Inc., including as its Chairman, CEO and President from 2004 to 2012 and its Executive Chairman until 2013. Mr. Stropki currently serves as a director of The Sherwin-Williams Company (including as lead director and a member of its compensation and management development committee and its nominating and corporate governance committee) and Hyster-Yale Materials Handling, Inc. (including as chair of its audit review committee and as a member of its compensation committee as well as its nominating and corporate governance committee). Mr. Stropki serves as a director due to his significant management and leadership experience, including as chief executive officer and chairman at a global industrial company with a long history of financial improvement and his experience on other public company boards.

John Stroup

Mr. John S. Stroup is an Independent Director of the Company. Mr. Stroup, age 52, is currently Chairman, President and Chief Executive Officer of Belden Inc., a company that designs, manufactures, and markets cable, connectivity, and networking products in markets including industrial enterprise, broadcast and network security. Prior to joining Belden in 2005, Mr. Stroup was employed by Danaher Corporation, a manufacturer of process/environmental controls and tools and components. At Danaher, Mr. Stroup initially served as Vice President, Business Development. He was promoted to President of a division of Danaher’s Motion Group and later to Group Executive of the Motion Group. Prior to that, he was Vice President of Marketing and General Manager with Scientific Technologies Inc. Mr. Stroup serves as a director because he has significant experience in strategic planning and general management of business units of public companies (including as chief executive officer).

Robin Walker-Lee

Ms. Robin A. Walker-Lee is an Independent Director of the Company. Ms. Walker-Lee, age 64, is the retired Executive Vice President, General Counsel and Secretary of TRW Automotive Holdings Corp., a leader in automotive safety systems. Ms. Walker-Lee was with TRW Automotive from 2010 until her retirement in 2015. Prior to joining TRW Automotive, she served as Assistant General Counsel of Operations for General Motors Company (together with its predecessor General Motors Corporation, “GM”), an automobile manufacturer, and as General Counsel and Vice President of Public Policy for GM – Latin America, Africa and Middle East; she also served on special assignment to the General Counsel of GM during its bankruptcy restructuring. Ms. Walker-Lee serves as a director because of her significant global business and legal experience, including as general counsel of a public company.

Basic Compensation

Name Fiscal Year Total

Paul Jones

250,005

Todd Adams

11,980,200

Mark Peterson

1,582,120

Sudhanshu Chhabra

--

Craig Wehr

1,068,850

Kevin Zaba

1,641,960

George Powers

1,186,360

Rodney Jackson

911,207

Patricia Whaley

--

Mark Bartlett

205,005

Thomas Christopoul

200,005

Theodore Crandall

190,005

David Longren

190,005

George Moore

190,005

John Stropki

190,005

John Stroup

200,005

Robin Walker-Lee

190,005
As Of  31 Mar 2018