Rexnord Corporation Adds New Directors to Board

MILWAUKEE–(BUSINESS WIRE)–Rexnord Corporation (NYSE: RXN) announced today that Peggy Troy,
President and Chief Executive Officer of Children’s Hospital of
Wisconsin, and Rose Schooler, Corporate Vice President, Global Data
Center Sales for Intel Corporation, joined the company’s Board of
Directors effective May 20, 2019.

“We are very pleased to add these two accomplished business leaders to
the Rexnord board,” said Paul W. Jones, Non-Executive Chairman of
Rexnord. “They bring a powerful mix of expertise and proven leadership
in the areas of health care and technology, respectively. Their addition
is part of our ongoing commitment to ensure we are leveraging both
industry-relevant and diverse experience to help the company execute
strategically and drive shareholder value.”

“We are delighted to have recruited Peggy and Rose to our board,” said
Todd A. Adams, President and Chief Executive Officer of Rexnord. “Their
backgrounds and perspectives will complement our existing board and
provide valuable insight to the management team as we execute our Solving
Smarter
initiatives.”

Troy has served as President and Chief Executive Officer of Children’s
Hospital since 2009. Regularly recognized as one of the leading
pediatric health care centers in the United States, the hospital also
operates the largest social service agency in Wisconsin, as well as a
health insurance company. She holds a bachelor’s degree in Nursing from
Marquette University and a master’s degree in Nursing from DePaul
University.

Schooler serves as Corporate Vice President, Global Data Center Sales at
Intel Corporation, having joined the company in 1989. Prior to her
current role, Schooler served as Corporate Vice President, Internet of
Things (IoT) for Intel. She holds a bachelor’s degree in Ceramic Science
and Engineering from Penn State University.

About Rexnord

Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two
strategic platforms, Process & Motion Control and Water Management, with
approximately 7,000 employees worldwide. The Process & Motion Control
platform designs, manufactures, markets and services specified, highly
engineered mechanical components used within complex systems. The Water
Management platform designs, procures, manufactures and markets products
that provide and enhance water quality, safety, flow control and
conservation. Additional information can be found at www.rexnordcorporation.com.

Forward-Looking Statements

Information in this release may involve outlook, expectations, beliefs,
plans, intentions, strategies or other statements regarding the future,
which are forward-looking statements. These forward-looking statements
involve risks and uncertainties. All forward-looking statements included
in this release are based upon information available to Rexnord
Corporation as of the date of the release, and Rexnord
Corporation assumes no obligation to update any such forward-looking
statements. The statements in this release are not guarantees of future
performance, and actual results could differ materially from current
expectations. Numerous factors could cause or contribute to such
differences. Please refer to “Risk Factors” and “Cautionary Notice
Regarding Forward-Looking Statements” in the Company’s Form 10-K for the
fiscal year ended March 31, 2019 as well as the Company’s annual,
quarterly and current reports filed on Forms 10-K, 10-Q and 8-K from
time to time with the SEC for a further discussion of the factors and
risks associated with the business.

Contacts

Media Contact:
Angela Hersil
Director, Corporate Communications
855-480-5050

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