Mark Klossner to Succeed Jerry Morton as Regal Rexnord’s Industrial Powertrain Solutions President

Regal Rexnord announced Mark Klossner as the new Executive Vice President and President of Industrial Powertrain Solutions (IPS). This appointment follows the planned retirement of Jerry Morton, the current EVP and President of IPS.

Klossner will assume his new role following Morton’s retirement. The company publicly announced the transition, confirming Klossner’s promotion to EVP & President of IPS. Morton’s departure marks the end of his tenure as EVP & President, paving the way for Klossner to lead the Industrial Powertrain Solutions division.

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Date: June 1, 2026

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