8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 19, 2005

REGAL-BELOIT CORPORATION

(Exact name of registrant as specified in its charter)

Wisconsin	1-7283	39-0875718
(State of other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

200 State Street, Beloit, Wisconsin 53511

(Address of principal executive office)

(608) 364-8800

Registrant’s telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□  Precommencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□  Precommencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Principal Officers; Election of Directors;Appointment of Principal Officers.

On December 19, 2005, Mark J. Gliebe was appointed to the position of President and Chief Operating Officer. Mr. Gliebe, age 44, joined the Company on January 1, 2005 as President of the Electric Motors Group where he had general management responsibilities for the Company’s Motors business. Prior to joining the Company, Mr. Gliebe was the General Manager of General Electric’s (“GE”) Motors & Controls in the GE Consumer & Industrial business unit of GE (a diversified industrial and commercial manufacturing corporation) from June of 2000 to December of 2004. In that position, Mr. Gliebe had general manager responsibilities for GE’s motor businesses including Commercial AC motors, HVAC/refrigeration motors, Appliance Motors and Controls, Electric Vehicle Motors and Controls, and the Capacitors business. From January of 1999 to June of 2000, Mr. Gliebe was General Manager of GE Industrial Motors, where he had general manager responsibilities for GE’s Industrial Motors business. Each executive officer of the Company is appointed to serve until his or her successor is duly appointed by the Board or his or her earlier removal or resignation from office.

Item 9.01 Financial Statements and Exhibits.

(a)   Not Applicable

(b)   Not Applicable

(c)   Not Applicable

(d)   Exhibits: The following exhibit is being furnished herewith:

(99) Press Release of REGAL-BELOIT CORPORATION dated December 19, 2005.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

	REGAL-BELOIT CORPORATION
Date: December 19, 2005	By:	/s/ David A. Barta
		Vice President, Chief Financial Officer

EX-99

	NEWS RELEASE
	For release on or after: December 19, 2005
	For additional information, please contact:
“At the Heart of What Drives Your World.”	Dave Barta
	Chief Financial Officer
Page 1 of 1	608-364-8808, ext. 106

REGAL-BELOIT Announces Promotion of Mark Gliebe

December 19, 2005 (Beloit, WI): REGAL-BELOIT CORPORATION (NYSE: RBC) announced todaythe promotion of Mark J. Gliebe to the position of President and Chief Operating Officer of REGAL-BELOIT CORPORATION from his current position as President of the Electric Motors Group.

Chief Executive Officer, Henry W. Knueppel commented, “Mark has quickly established himself as a strong and accomplished leader. His strong operating disciplines, his capability, his knowledge of our markets, and his human resource development skills clearly distinguished him as ready to lead our rapidly expanding global operations. I am genuinely excited to make this announcement, and I look forward to Mark’s expanded influence on our future.”

The company also announced that James L. Packard, Chairman of the Board, will retire from his position at the April 2006 Annual Meeting. Mr. Packard will remain on the Board of Directors and will continue the succession plan as Executive Advisor through year-end 2006. Henry W. Knueppel, Chief Executive Officer of REGAL-BELOIT, will be named Chairman and Chief Executive Officer at the April meeting. Mr. Knueppel commented, “I am honored to have earned the confidence of Jim and our Board of Directors and to soon become only the third Chairman and Chief Executive Officer in the rich 50-year REGAL-BELOIT history. Jim and I have worked together for 33 years and I am particularly pleased to continue to have Jim’s advisory counsel. He has been a great leader, great mentor, and a great friend. The orderly succession process that is taking place is a terrific benefit to me personally.”

About REGAL-BELOIT CORPORATION:

REGAL-BELOIT CORPORATION is a leading manufacturer of mechanical and electrical motion control and power generation products serving markets throughout the world. REGAL-BELOIT is headquartered in Beloit, Wisconsin, and has manufacturing, sales, and service facilities throughout North America, and in Mexico, Europe and Asia.