NORTH CANTON, Ohio,
Aug. 5, 2014 /PRNewswire/ -- The
Timken Company's (NYSE: TKR; www.timken.com) board of directors has
elected Ajita G. Rajendra a director
of the company for a term that expires at its May 2015 annual meeting. The election brings
The Timken Company board to 10 directors.
Rajendra serves as the chairman, president and chief executive
officer of A. O. Smith Corp. (NYSE: AOS), a $2.2 billion global water technology company
based in Milwaukee. The company is
one of the world's leading manufacturers of residential and
commercial water heating and hydronic heating equipment, offering a
comprehensive product line featuring many of the best-known brands
in North America, China and India. The company also manufactures water
purfication products for residential and light commercial
applications.
Rajendra has held a wide range of finance, operations, marketing
and executive management positions throughout his 35-year career
and has broad experience serving on corporate boards. He currently
serves on the board of Donaldson Company, Inc., a manufacturer of
filtration products based in Minneapolis. He previously was a director of
Industrial Distribution Group, Inc., from 2007 until its
acquisition by Eiger Holdco, LLC in 2008.
"We're fortunate to have Ajita join our board, bringing to us
his substantial industry experience," said John M. Timken, Jr., chairman of the Timken
board of directors. "With his global perspective as the leader of
such a well-respected manufacturer, he is a welcome addition. We
look forward to his counsel and guidance as we continue advancing
our strategies to successfully grow The Timken Company's portfolio
and profitability."
Rajendra was named A. O. Smith president and chief executive
officer in January 2013, and was
elected chairman of the board in April
2014. He has served on the A. O. Smith board since 2011.
Prior to joining A. O. Smith in 2005, he previously served as
senior vice president at Kennametal Inc., a manufacturer of cutting
tools, from 1998 to 2004. He began his career in 1978 with Corning
Incorporated of Corning, N.Y.
Rajendra holds a Bachelor of Science degree in chemical
engineering from the Indian Institute of
Technology in Chennai,
India, and an MBA from Carnegie-Mellon
University in Pittsburgh,
and completed the Advanced Management Program at Harvard Business School.
About The Timken Company
The Timken Company (NYSE:
TKR; www.timken.com) engineers, manufactures and markets
Timken® bearings, transmissions, gearboxes, chain, and
related products, and offers a spectrum of power system rebuild and
repair services around the world. The leading authority on
tapered roller bearings, Timken today applies its deep knowledge of
metallurgy, tribology and power transmission across the broad
spectrum of bearings and related systems to improve the reliability
and efficiency of machinery and equipment all around the
world. Known for its quality products and collaborative
technical sales model, Timken posted $3
billion in sales in 2013 (excluding Steel business sales.)
With approximately 17,000 people operating from 28 countries,
Timken makes the world more productive and keeps industry in
motion.
Media Contact:
Gloria
Irwin
Communications Manager
4500 Mount Pleasant St. N.W.
North Canton, OH 44720 U.S.A.
Telephone: 234.262.3514
mediarelations@timken.com
Investor Contact:
Steve
Tschiegg
Director – Capital Markets & Investor Relations
4500 Mount Pleasant St. N.W.
North Canton, OH 44720 U.S.A.
Telephone: 234.262.7446
Steve.tschiegg@timken.com
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SOURCE The Timken Company