Industry & Services >> CEO Interviews >> April 8, 2002

James Packard – Regal-beloit Corporation (rbc)

JAMES L. PACKARD is Chairman of the Board, Chief Executive Officer and President of Regal-Beloit Corporation. He joined Regal-Beloit Corporation in 1979 and was elected President in 1980. He was elected Chief Executive Officer in 1984 and took on the additional responsibilities as Chairman of the Board in April 1986. He was previously with PepsiCo, Inc. Mr. Packard is currently a member of or serves on the following: Clarcor, Rockford, Illinois, Board of Directors/Compensation Committee; The Manitowoc Company, Manitowoc, Wisconsin, Board of Directors; First National Bank and Trust Company of Beloit, Wisconsin, Board of Directors; Beloit College, Beloit, Wisconsin, Trustee; Industrial Supply Machinery and Manufacturers Association, Board of Directors; Baird Capital Partners, Milwaukee, Wisconsin, Advisory Committee Member. Mr. Packard was previously on the Board of Governors of the American Stock Exchange and served on the Executive Committee, the Board Oversight Committee on Specialist Unit Structure and the Listed Company Advisory Committee. He was also a Listing and Hearing Review Council member of NASDAQ; Director of the Cutting Tool Manufacturers Association; Director and President of the United States Cutting Tool Institute; Director of the American Gear Manufacturers Association. Profile
TWST: Would you begin with a brief historical sketch of Regal-

Beloit and an overview of what you're doing at the present time?

Mr. Packard: The company was founded in 1955 as a