Regal Beloit Corp., a $1.8 billion Wisconsin-based manufacturer of electrical and mechanical equipment, named Charles (Chuck) Hinrichs CFO and vice president. He replaces David Barta, the company's CFO since July 2004, who left in May to become CFO of Cooper Industries. Before joining Regal Beloit, Hinrichs, 56, was CFO of Smurfit-Stone Container Corp. from 2002 to 2009, when he resigned. From 1995 to 2002, he was treasurer of Smurfit-Stone.
Parametric Technology Corp., a $938 million product development software company in Needham, Mass., appointed Jeffrey Glidden CFO and executive vice president. Glidden, 60, succeeds Neil Moses, who will serve as a senior financial consultant until he resigns in November. Until April, Glidden was CFO of Airvana, a network infrastructure provider, a job which he held for almost five years. Prior to that, he was senior vice president of finance and operations, CFO and treasurer for RSA Security.