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RBC Bearings Incorporated (RBC)

NYSE - NYSE Delayed Price. Currency in USD
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244.89-1.03 (-0.42%)
At close: 04:00PM EDT
242.01 -2.88 (-1.18%)
After hours: 04:06PM EDT

RBC Bearings Incorporated

One Tribology Center
102 Willenbrock Road
Oxford, CT 06478
United States
203 267 7001
https://www.rbcbearings.com

Sector(s)Industrials
IndustryTools & Accessories
Full Time Employees5,092

Key Executives

NameTitlePayExercisedYear Born
Dr. Michael J. Hartnett Ph.D.Chairman, President & CEO2.47M1.92M1946
Mr. Robert M. SullivanVP & CFO377.09kN/A1984
Mr. Daniel A. BergeronVP, COO & Director1.2M7.48M1960
Mr. Richard J. EdwardsVP & GM621.01k2.48M1956
Mr. Patrick S. BannonVP & GM446.26k1.34M1965
Mr. John J. FeeneyVP, General Counsel & Secretary313.73k149.66k1969
Mr. David GilbertPresident of Dodge Industrial, Inc.N/AN/AN/A
Matthew J. TiftCorporate ControllerN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications. In addition, it offers mounted bearing products include mounted ball bearings, mounted roller bearings, and mounted plain bearings; and enclosed gearing product lines, including quantis gearmotor, torque arm, tigear, magnagear & maxum, and controlled start transmission. Further, the company produces power transmission components include mechanical drive components, couplings, and conveyor components; engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rod-like pieces. It serves automotive, tool holding, agricultural and semiconductor machinery, commercial and defense aerospace, ground defense, construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, food and beverage, packaging and canning, wind, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. The company was founded in 1919 and is headquartered in Oxford, Connecticut.

Corporate Governance

RBC Bearings Incorporated’s ISS Governance QualityScore as of April 1, 2024 is 8. The pillar scores are Audit: 8; Board: 9; Shareholder Rights: 5; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.