Product Manager
About the job
- A bachelor's degree in engineering, operations, business/marketing, or a related field is required.
- At least 5 years of experience in Product Management, Marketing, Strategy, Engineering, Business Development, or a related area.
- Demonstrated strategic decision-making regarding pricing, customer problems, SIOP forecasting/inventory, make-buy decisions, and similar business concerns.
- Experience with 80/20 complexity reduction and simplification.
- Strong leadership skills and the ability to communicate, interact, and influence across all organizational levels to drive results.
- Strong organizational and problem-solving skills.
- Ability to develop trusted, respectful relationships internally and externally.
- Excellent presentation, verbal, and written communication skills.
- High personal initiative, energy, and ownership of business results.
- Experience interacting with internal and external customers.
- Strong financial and business acumen.
- Ability to lead cross-functional teams through challenging situations.
- Ability to analyze and interpret data and draw meaningful, accurate conclusions.
- Ability to conduct complex financial analyses, develop financial models, and interpret profit and loss statements.
- Ability to develop strategic plans and drive tactical execution.
- Strong program and project management skills to manage a project portfolio with appropriate cost, schedule, and quality.
- Microsoft Office skills are required.
- Ability to travel 30–35%.
- Develop market understanding, including market size and growth by submarket and application, industry trends, competitive information, and customer insights.
- Support strategic plan and annual operating plan development, assessing markets, competition, customer and business growth plans, and levers driving product-platform revenue and operating profit.
- Develop multigenerational product line roadmaps and secure cross-functional leadership agreement on initiative priorities, scope, and investments.
- Lead voice-of-customer activities and primary and secondary research to develop product strategies and plans and identify new product and service opportunities.
- Identify and lead strategic projects evaluating growth opportunities using technology trends, market trends, and integrated solutions.
- Simplify the product portfolio and reduce complexity using 80/20 principles to expand margins.
- Lead strategic marketing and sales funnel development for new and existing products.
- Drive strategic price positioning and value pricing to expand margins.
- Drive product-mix shifts and demand-shaping strategies to expand margins.
- Lead voice-of-customer work to identify market requirements and trends, support continuous improvement, and identify product enhancements.
- Lead cross-functional new product development teams and product definition, development, pricing, market introduction, sales tools, and promotion plans.
- Lead new product development stage-gate processes through product launch and commercialization.
- Work with Finance to develop pro formas, financial analyses, and sales forecasts for proposed new products.
- Develop product and service positioning strategies based on price, volume, share, and profitability.
- Partner with Engineering and Operations leaders to prioritize and scope product development projects and ensure they meet customer expectations and timelines.
- Lead development of marketing training materials for business unit programs.
- Lead product subject-matter experts supporting internal teams, field sales, distributors, and end users.
- Collaborate with sales and commercial leaders to identify growth opportunities and increase customer penetration of new products.
- Direct marketing communications development of launch collateral, including catalogs, launch kits, competitive alerts, sales communications, and instruction sheets.
- Lead product line marketing and cross-functional activities to maximize revenue growth, margin improvement, cost reduction, quality, and delivery.
- Manage product specifications, cost, quality, delivery, and data integrity for the business unit.
- Assess competitive products and programs and develop strategies to strengthen product-line competitiveness.
- Evaluate portfolios for obsolescence and communicate recommended product replacements.
- Participate in the SIOP process, guiding new-product demand streams, product-mix shifts, and product lifecycle events in alignment with process requirements.
- Collaborate with internal business partners on demand forecasts, manufacturing plans, new product introductions, supplier performance, and related opportunities.
- An MBA is strongly preferred.
- Knowledge of Oracle is a plus.
About the company
Regal Rexnord’s Thomson Power Systems designs and manufactures critical electrical gear that sits between a building’s main power and its backup source. Its core products are automatic transfer switches (ATS) and switchgear, which monitor for power interruptions and seamlessly switch to a backup generator to keep important facilities—like hospitals and data centers—online. The system works with microprocessor-based controls to monitor power conditions and execute transfers quickly and safely, ensuring minimal downtime during outages. The company differentiates itself through a long, focused history in power-control engineering, a niche specialization in backup power for critical infrastructure, and its integration into the Regal Rexnord portfolio, which provides broader industrial component resources and support. The goal is to give reliable, automatic backup power so essential operations stay powered when the main grid falters.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
City of Langley, Canada
Founded
1973
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Simplify's Take
What believers are saying
- Q2 2026 sales rose 4.2% to $1.56 billion, with orders up 8.8%.
- July 2026 daily orders stayed up 7%, extending momentum into Q3.
- Aamir Paul started July 1, 2026, bringing Schneider Electric data-center and automation experience.
What critics are saying
- PES sales fell 6.6% in Q2 2026, signaling consumer HVAC and pool weakness.
- Cudahy closed June 30, 2026, eliminating 70 jobs and shrinking Stearns capacity.
- Net debt was 3.06x EBITDA in Q2 2026; refinancing pressure intensifies if orders slow.
What makes Regal Rexnord unique
- Regal Rexnord spans AMC, IPS, and PES, serving secular data-center and automation demand.
- Its AMC segment posted 17.1% order growth in Q2 2026, led by data centers.
- Thomson Power Systems reinforces a niche in automatic transfer switches for critical backup power.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Time Off
Paid Holidays
Tuition Assistance
Company News
Regal Rexnord reported second quarter 2026 results with sales of $1,558.4 million, up 4.2% year-over-year and 3.3% on an organic basis. Daily orders increased 8.8% versus the prior year. GAAP net income rose 46.7% to $116.8 million, whilst adjusted EBITDA increased 11.2% to $366.6 million. The quarter included a $32.0 million IEEPA tariff refund benefit. Diluted EPS increased 46.2% to $1.74, and adjusted diluted EPS rose 20.6% to $2.99, including $0.39 from tariff refunds. Free cash flow reached $154.1 million. The company narrowed its 2026 GAAP EPS guidance to $5.42–$5.92 and adjusted EPS guidance to $10.35–$10.85, including $0.57 in tariff refund benefits. The adjusted EPS midpoint remains $10.60. Net debt to adjusted EBITDA ended the quarter at 3.06 times, with the company expecting to reach below 3.0 times in the second half of 2026.
Regal Rexnord reported first quarter 2026 results with sales of $1.48 billion, up 4.3% year-over-year and 1.6% organically. Daily orders increased 8.5% versus the prior year, with backlog up 6.7% sequentially across all segments. The company's Automation & Motion Control segment led growth with orders up over 34% year-over-year, driven by aerospace & defence, discrete automation, data centre and medical markets. Industrial Powertrain Solutions saw order acceleration in distribution and short-cycle OEM business. GAAP net income rose 11.8% to $64.3 million, whilst adjusted EBITDA reached $304.4 million. Diluted earnings per share increased 11.6% to $0.96, with adjusted diluted EPS of $2.17, up 0.9%. The company reaffirmed its 2026 adjusted earnings per share guidance and announced Aamir Paul as its next chief executive officer.
Regal Rexnord has appointed Aamir Paul as chief executive officer, effective no later than 1 July 2026. Paul will succeed Louis Pinkham, who initiated the CEO search in October 2025 and will remain in post until the transition. Paul, 48, joins from Schneider Electric, where he serves as president of North America. Since taking the role in 2022, he grew the business at double-digit rates, reaching over $17 billion in revenue in 2025 with 43,000 employees and 35 manufacturing facilities. He previously held senior positions at Schneider Electric and Dell Technologies. The Milwaukee-based industrial equipment manufacturer cited Paul's track record driving growth across global businesses and his experience in data centre and automation markets as key factors in the appointment.
Regal Rexnord, a Fortune 1000 manufacturer of electric motors and power transmission components, will close its Cudahy, Wisconsin facility by 30 June, resulting in 70 redundancies. The company filed notice with the Wisconsin Department of Workforce Development on 1 April. The facility at 5150 International Drive, home to the Stearns brand, will begin layoffs on 5 June with 30 employees, followed by the remaining 40 on 30 June. Affected workers will not qualify for bumping rights, which typically allow senior employees to claim positions of terminated colleagues. Regal Rexnord's corporate office is in Milwaukee, and the company operates over 80 manufacturing, sales and service facilities globally.
MILWAUKEE, March 19, 2025 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced that its CEO, Louis Pinkham, and CFO, Rob Rehard, presented today at the Bank of America Global Industrials Conference 2025 in London. After providing an overview of the Company's strategy and outlining the latest investment case, management fielded questions on a range of topics, including its various growth and margin initiatives, how it is thinking about capital deployment, and its plans to fully mitigate current tariff impacts this year.A replay of the presentation is available on the company's investor relations website: https://investors.regalrexnord.com under the Events & Presentations section.About Regal RexnordRegal Rexnord's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications.The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales and service facilities worldwide