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8/5/2026
Good morning and welcome to the Regal Rexnord Second Quarter 2026 Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1 on your telephone keypad. To withdraw your question, please press star, then 2. Please note, this event is being recorded. I would now like to turn the conference over to Robert Barry, Vice President of Investor Relations. Please go ahead.
Thank you, Operator. Good morning, and welcome to Regal Rexnord's second quarter 2026 earnings conference call. Joining me today are Aamir Paul, our Chief Executive Officer, and Rob Rehard, our Chief Financial Officer. I'd like to remind you that during today's call, you may hear forward-looking statements related to our future financial results, plans, and business operations. Our actual results may differ materially from those projected or implied due to a variety of factors, which we describe in greater detail in today's press release and in our reports filed with the SEC, which are available on the realrexnord.com website. Also on this slide, we state that we are presenting certain non-GAAP financial measures that we believe are useful to our investors, and we have included reconciliations between the non-GAAP financial information and the GAAP equivalent in the press release and in these presentation materials. Turning to slide three, let me briefly review the agenda for today's call. Please note that given Aamir's tenure with the company began on July 1st, after the conclusion of our second quarter, we are going to modify our typical approach to the call. Aamir will lead off with some introductory comments. Rob will then provide an overview of our second quarter performance at the enterprise level, review our second quarter financial results in more detail by segment, and conclude by discussing our updated 2026 guidance. We will then move to Q&A, after which the call will conclude. And with that, I'll turn it over to Aamir.
Thanks, Rob, and good morning, everyone. Thank you for joining us to discuss our second quarter results. We appreciate your interest in Regal Rexnord. I'm honored and excited to be Regal Rexnord's sixth CEO in our 71-year history, and I want to thank the board for entrusting me with the responsibility of leading this exceptional company. I'd also like to thank my predecessor, Louis Pinkham. Given this is my first call, I thought I'd begin by sharing a bit about my background, why I decided to join, and how I've spent my time over the past five weeks. I'll conclude with a few initial observations. So, starting with my background. I'm a chemical engineer by training. Professionally, I began my career at Dell Technologies, where I spent 13 years split equally between Austin and London. My time at Dell was mostly in sales and marketing roles, including the transition to an omni-channel go-to-market. I joined Schneider Electric in 2013, first in the U.S. business leading sales and operations, and with the last four leading North American operations as a member of the Global Executive Committee. These experiences included global and local roles, They span sales, strategy, operations, and business leadership. I have worked with customers and partners in markets that include data centers, energy technology, discrete and process automation, as well as lifecycle services. I came to Regal Rexnord because I see tremendous opportunities across the company's portfolio, strong channel positions, manufacturing scale, and healthy balance sheet. This gives us the ability to address customer needs in a range of very attractive end markets. Regal Rexnord today is a highly capable provider of foundational components that are critical in a wide variety of applications. Some of these are tried and true, such as factory automation, aerospace and defense, and air moving. And some are emergent and exciting, like robotics and eVTOL. It's also great to see our participation in the data center space, and I'm spending time with our teams there to explore our solution roadmap and understand our customer pipelines. Overall, our broad exposure across attractive end markets is exciting as we continue to build for the future. Now, since joining the company on July 1st, my primary focus has been listening and learning, and this will continue to be my focus in the coming months as I interact with our teams, our customers, channel and supply chain partners, and our investors. Specifically to our investors and analysts, I look forward to spending time with you and understanding your perspectives. I want to thank you in advance for your patience as I balance relationship building with better understanding of our business and customers' needs. While I've only been on the job for five weeks, I want to share some early impressions. First is the strength of the team. I've been repeatedly impressed with their knowledge of our products, their commitment to serving our customers, and their pride in being part of Regal Rexnord. While we have work to finish on integration, we are increasingly engaging as one team to better serve our customers. Second is around our channel and customer relationships. In the first few conversations, it's clear that we have strong partnerships and trust that has been built over time. We will continue to raise the bar on how we execute to keep earning that trust every day. And finally, the strength of the franchise. We have great technology, trusted brands, a large installed base of products that support attractive aftermarket sales. Couple this with high quality manufacturing and a culture of continuous improvement, and you have a foundation for building a platform for sustainable and profitable growth. And with that, I'll turn the call over to Rob.
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