The Timken Company Announces CEO Succession Plan [Yahoo! Finance]
Timken Company (The) (TKR)
Last timken company (the) earnings: 5/1 06:51 am
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Source: Yahoo! Finance
NORTH CANTON, Ohio March 27, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ) Board of Directors has reached an agreement with Tarak Mehta to become Timken's next president and chief executive officer on Sept. 5, 2024 . Mehta is currently president of the Motion business and member of the Group Executive Committee at ABB Ltd., a $32 billion leader in electrification and automation. Mehta will be appointed Timken president and CEO after he completes a transition period with ABB. Richard G. Kyle will remain president and CEO until Mehta's appointment date. At that time, Kyle will move into an advisory role to assist with the leadership transition. Kyle plans to retire as an employee of Timken following a decade of leadership as CEO but will continue to serve on the Timken Board of Directors. Mehta has 35 years of industry experience, including a 26-year career at ABB. As president of ABB's Motion business, he has extensive experience accelerating organic growth
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News
- Timken (TKR) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing The Timken Company (TKR) Right Now? [Yahoo! Finance]Yahoo! Finance
- Timken Recognized by Fortune as one of America's Most Innovative Companies [Yahoo! Finance]Yahoo! Finance
- Timken Recognized by Fortune as one of America's Most Innovative CompaniesPR Newswire
- Timken to Announce First-Quarter 2024 Financial Results on April 30PR Newswire
TKR
Earnings
- 2/5/24 - Beat
TKR
Sec Filings
- 4/1/24 - Form 8-K
- 3/26/24 - Form PX14A6G
- 3/14/24 - Form ARS
- TKR's page on the SEC website