Manufacturer Regal Beloit Corp. (NYSE: RBC), Beloit, WI, said that Chairman and CEO Mark J. Gliebe will retire from the company after the completion of calendar year 2018.
Gliebe has been with Regal for 14 years and has served as CEO for the last eight years. Regal's board of directors has begun a process to identify Gliebe's successor, and Gliebe has agreed to lead the company until that person has been named, retiring from the board at the end of the year.
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