CANTON, Ohio, Nov. 19, 2013 /PRNewswire/ -- The Timken
Company (NYSE: TKR; www.timken.com) announced the election of
Richard G. Kyle, age 48, as a
director of the company, for a term that expires at the company's
annual meeting in 2014. The election last Friday increased
the size of the Timken board of directors to 13 members.
(Photo: http://photos.prnewswire.com/prnh/20131119/CL20109 )
(Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO )
Kyle, who was appointed chief operating officer in September 2013, currently oversees all aspects of
the Timken bearings and power transmission business including the
aerospace, process and mobile industries segments. At the
time of that appointment, the Timken board of directors indicated
it expects Kyle to succeed current Timken President and CEO
James W. Griffith when he retires
from the company and the board in 2014.
"We are pleased to welcome Rich as a director, knowing that he
well understands the complexity of the business and the world in
which we operate," said Chairman of the Board Ward J. Timken, Jr.,
in making the announcement on behalf of the board. "Rich
brings to the board a wealth of experience and has demonstrated his
ability to lead organizations through change and growth. His
strong engineering and operational expertise as well as strategic
perspective regarding acquisitions and optimizing value will serve
the board well as we focus on organic and inorganic growth
opportunities."
Kyle began his career at Timken in 2006 as vice president of
manufacturing and was named president of the aerospace and mobile
industries segments in 2008. In 2012, Kyle was named group
president of Timken, responsible for the aerospace and steel
segments as well as the engineering and technology
organization. Prior to Timken, Kyle held management positions
with Cooper Industries and later was named vice president of
operations for a division of Hubbell, Inc.
A native of Mishawaka, Ind.,
Kyle received a bachelor's degree in mechanical engineering from
Purdue University and earned a master
of business administration degree in management from Northwestern University's Kellogg Graduate School
of Management. He also serves on the board of directors of
the United Way of Greater Stark
County.
About The Timken Company
The Timken Company (NYSE:
TKR; www.timken.com), a global industrial technology leader,
applies its deep knowledge of materials, friction management and
power transmission to improve the reliability and efficiency of
industrial machinery and equipment all around the world. The
company engineers, manufactures and markets mechanical components
and high-performance steel. Timken® bearings,
engineered steel bars and tubes--as well as transmissions,
gearboxes, chain, related products and services--support
diversified markets worldwide. With sales of $5.0 billion in 2012 and approximately 20,000
people operating from 30 countries, Timken makes the world more
productive and keeps industry in motion.
Media Contact: Pat
Carlson
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Investor Contact:
Steve Tschiegg
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Global Media &
Corporate Comm.
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Director – Capital
Markets & Investor Relations
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1835 Dueber Avenue,
S.W.
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1835 Dueber Avenue,
S.W.
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Canton, OH 44706-0927
U.S.A.
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Canton, OH 44706-0927
U.S.A.
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Telephone:
(330)471-3514
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Telephone:
(330)471-7446
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pat.carlson@timken.com
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steve.tschiegg@timken.com
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SOURCE The Timken Company