Rexnord Corporation Names Theodore Crandall to Its Board of Directors

MILWAUKEE--(BUSINESS WIRE)--

Rexnord Corporation RXN today announced that Theodore D. Crandall joined the Company's Board of Directors effective October 16, 2015. Mr. Crandall will also serve on the Audit Committee.

Mr. Crandall, currently serves as the Senior Vice President and Chief Financial Officer of Rockwell Automation, Inc., a leading global provider of industrial automation power, control and information solutions, a position he has held since 2007. Prior to that, Mr. Crandall served in various management positions at Rockwell and related companies.

"We are very much looking forward to having Ted join the Rexnord Board of Directors. He's a world-class executive with an outstanding track record that will be a valuable resource to the Company and the Board as we continue to build Rexnord over the coming years," said Rexnord's President and CEO, Todd Adams.

Paul W. Jones, Rexnord's Non-Executive Chairman, stated: "Ted has extensive financial and management experience and possesses the skills and qualities that will make valuable contributions to Rexnord's long-term growth plans and help drive shareholder value."

About Rexnord

Headquartered in Milwaukee, Wisconsin, Rexnord is comprised of two strategic platforms, Process & Motion Control and Water Management, with approximately 8,000 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 about the Company can be found at www.rexnord.com.

Cautionary Statement on 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, 2015 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 Securities and Exchange Commission for a further discussion of the factors and risks associated with the business.

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