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Regal Rexnord Corporation (RRX) Citi’s Global Industrial Tech & Mobility Conference 2026 February 19, 2026 11:20 AM EST
Company Participants
Louis Pinkham – CEO & Director
Robert Rehard – Executive VP & CFO
Conference Call Participants
Kyle Menges – Citigroup Inc., Research Division
Presentation
Kyle Menges
Citigroup Inc., Research Division
I’m Kyle Menges. I’m the U.S. machinery analyst at Citi. Pleased to be joined by the team from Regal Rexnord. I’ve got CEO, Louis Pinkham, who’s to my immediate right; and then Rob Rehard, CFO. Thanks for being here with us today, guys, in sunny Miami.
Question-and-Answer Session
Kyle Menges
Citigroup Inc., Research Division
Maybe starting with you, Louis, just with your time at Regal coming to an end, would be great just for you to talk a little bit about the company you inherited and how it’s transformed over your tenure and really what excites you about opportunities ahead for Regal?
Louis Pinkham
CEO & Director
Yes. So thanks, Kyle, for the question. First of all, appreciate the invite from Citi and thanks for hosting us. And thanks to our investors who are here and listening for your interest. Yes, it’s been a fantastic 7-year journey. The business has completely transformed. I’m pretty proud of things like our gross margins were 26% when I started, they’re 38% today and a path to 40%. We sold some commodity product when I started. Today, we’re a technology-driven competitive moat business that’s moving from just being a component supplier to a solutions provider. I’m thrilled with our free cash flow margins and the potential for improving that over time.
But what I’m most proud of is how we run the business and the team that supports the business. When I started, the business was highly centralized. We now are fully decentralized. We run the business with
