Henry Knueppel

Henry Knueppel, 84, of Fishkill, died Monday, May 11, 2020 at St Luke’s Cornwall Hospital

Henry Knueppel serves as chairman of Regal-Beloit, an electric motor component maker found in appliances such as furnaces, pumps and elevators. Additionally he oversees its acquisition strategy.

Prior to this appointment, he served as CEO. An active church member, he created and implemented the People Caring for People program at St John’s Lutheran. Furthermore, he umpired high school basketball and softball for over fifty years.

Early Life and Education

Henry Knuppel, 84, died peacefully Monday May 11, 2020 at St Luke’s Cornwall Hospital in Newburgh. Funeral arrangements will be announced later. Sietsema Vogel Funeral Home of Hampton is providing assistance.

Henry was especially fond of visiting his father’s cottage in Wild Rose, Wisconsin for family reunions and camping trips – such as traveling through Europe with his wife or canoeing and fishing trips – camping trips or canoeing and fishing expeditions. Additionally, Henry enjoyed gardening as an avid hobby and regularly volunteering at churches and schools.

Ernst & Young presented him with their Upper Midwest Entrepreneur of the Year award in 2011. As Chairman of Regal Beloit Corporation – which manufactures electric motors, mechanical and electrical motion controls, and power generation products with worldwide operations – he received this honor. Additionally he serves on the Pennsylvania Horticultural Society Board.

Professional Career

Henry Knueppel has held various professional roles during his career. These have included business consulting, professorship at UW-La Crosse and serving as executive of Regal Beloit Corporation – an electrical and industrial product manufacturing firm where he now holds both roles of chairman and CEO.

He is widely recognized for the development and introduction of new power tool generations for the company, as well as implementation of novel manufacturing processes. In 2011, Ernst & Young presented him with their Upper Midwest Entrepreneur of the Year award.

He holds memberships with both the American Institute of Certified Public Accountants and American Society of Quality, and enjoys camping trips with his family, traveling across Europe, and attending CBS Bible classes.

Achievement and Honors

Henry Knueppel received the Ernst & Young Entrepreneur of the Year Lifetime Achievement Award, in recognition of more than three decades of business success and industry transformation. Additionally, he served as chairman of Regal Beloit Corporation in Beloit, Wisconsin.

Mr. Henry Knueppel is the founder and chairman of the Henry Knueppel School Endowment Fund, which supports St. John’s Lutheran School by awarding student scholarships and supplementing teacher income. Additionally, he was recognized by the American Heart Association of Greater Chicago for organizing eight Jump Rope for Hearts fundraisers that raised over $27,000.

Knueppel previously held the interim Chairman and CEO positions of Harsco Corporationrationration, an industrial services provider which offers scaffolding, concrete forming equipment, engineering for large infrastructure projects and more. He was appointed in March after Salvatore D. Fazzolari stepped down as president and CEO.

Personal Life

Henry Knueppel passed away Monday at St. Luke’s Cornwall Hospital in Newburgh. At 84, services will be held later. Sietsema Vogel Funeral Home of Hampton is providing assistance to his family during this difficult time.

Harsco Corporationrationration was an industrial solutions provider with global operations. He held several leadership roles at Harsco from 2012 through 2016, most notably serving as nonExecutive Chairman of its Board from 2014-2016 and nonExecutive Vice-Chairman from 2016-17.

Knueppel is married and has two children. He served on the boards of both American Red Cross and The United Way as well as National Park Trust and University of Wisconsin System as trustee. Additionally, he is an active member of American Institute of Certified Public Accountants.

Net Worth

Henry Knueppel reportedly holds an estimated net worth of over $44.5 Million according to his Form 4 filing with the SEC. His primary markets of trading include Regal Beloit Corp and Snap-on Inc stocks; his most significant transaction occurred when exercising 134,000 units of Snap-on stock for over $5,952,280 on September 2012. On average he makes 17 trades annually and owns over 82283 units as of February 15 2019. In addition he owns WEC Energy Group Inc shares.

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