Regal Beloit Corporation Form 8-K Packard Retirement
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 31, 2006


              Regal-Beloit Corporation             
(Exact name of registrant as specified in its charter)

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

          200 State Street, Beloit, Wisconsin 53511-6254           
(Address of principal executive offices, including Zip code)

  (608) 364-8800  
(Registrant’s telephone number)

  Not Applicable  
(Former Name or Former Address, if Changed Since Last Report)

_______________________

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)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement 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 Certain Officers; 
 Compensatory Arrangements of Certain Officers.
 
In accordance with the notice provided in March 2006, James L. Packard retired as an executive officer and as a director of REGAL-BELOIT Corporation effective as of December 31, 2006.
 
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: January 3, 2007 By:   /s/ Paul J. Jones
 
Paul J. Jones
  Vice President, General Counsel and Secretary