Todd Adams to become chair of Rexnord board in July

Will replace Paul W. Jones

Last updated on May 14th, 2020 at 12:21 pm

Todd Adams, the president and chief executive officer of Milwaukee-based Rexnord Corp., will also become chair of the company’s board after its annual meeting in July.

Adams has been a director of Rexnord since 2009 when he was named CEO. He joined the company in 2004.

He will replace Paul W. Jones, the former chairman and CEO of Milwaukee-based A.O. Smith Corp. Jones has served as non-executive chairman of Rexnord since 2015.

In a securities filing, the company said Jones would be retiring from the board after the company’s annual meeting on July 23.

Rexnord said Mark Bartlett, a retired partner from Ernst & Young, would serve as the board’s independent lead director after the annual meeting.

The company also announced it would shift its fiscal year from ending on March 31 to Dec. 31.

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.