Regal Rexnord announced Wednesday that it has named the North American president of Schneider Electric as its new chief executive.
Aamir Paul will succeed Louis Pinkham as CEO of the motor and power transmission manufacturer “no later than July 1,” the company said. The exact timing will depend on “the conclusion of his responsibilities with his current employer.”
Paul joined Schneider Electric in 2013 and held roles across “sales, business operations and commercial execution” before taking over the North American segment in 2022. He previously held sales roles at Dell Technologies.
Rakesh Sachdev, the non-executive chairman of Regal Rexnord’s board, said that the panel 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.”
“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,” Paul said. “I look forward to further capitalizing on Regal's 80/20 operating philosophy to drive continued focus, execution and value creation across the enterprise.”
The company announced a search for a new CEO to succeed Pinkham last fall. Pinkham will remain CEO and continue serving on the board until Paul’s start date.
