Dr. R. Scott B. Hartnett has been the driving force behind RBC Bearings since 1992. With a strong background in mechanical engineering and business, he holds degrees from the University of Connecticut and Harvard Business School, which guide his approach...
Dr. R. Scott B. Hartnett has been the driving force behind RBC Bearings since 1992. With a strong background in mechanical engineering and business, he holds degrees from the University of Connecticut and Harvard Business School, which guide his approach to leadership. Dr. Hartnett has a notable history in manufacturing and engineering, having spent 18 years at Torrington Company before joining RBC. Under his leadership, RBC has continuously focused on innovation and performance, aiming to enhance shareholder value while navigating the challenges of the industry. His ownership of Class B shares gives him significant control over company decisions, reflecting his deep commitment to the firm's vision. Over the years, Dr. Hartnett has developed numerous patents and published over two dozen technical papers in the field of tribology, demonstrating his expertise and influence in engineering. Recent insider trading activity shows fluctuations in his holdings averaging between $64M and $105M, signaling confidence in RBC's future prospects. Compensation-wise, Dr. Hartnett received nearly $19 million in 2021, indicating a performance-driven package aligned with company success.