Stephen P. Ribaudo was appointed as Executive Vice President and Chief Operating Officer at TIMKEN CO.
“On July 29, 2026, the Board of Directors (the “Board”) of The Timken Company (the “Company”) appointed Stephen P. Ribaudo to the position of Executive Vice President and Chief Operating Officer of the Company effective as of September 1, 2026.”
Shareholder Votes
TIMKEN CO shareholders rejected Shareholder proposal regarding special meeting power at the 2026-05-08 meeting.
“(4) did not approve a shareholder proposal requesting that the Board of Directors take the steps necessary to amend the appropriate Company governing documents to give the owners of a combined 10% of our outstanding common stock the power to call a special shareholder meeting or the owners of the lowest percentage of shareholders, as governed by state law, the power to call a special shareholder meeting. FOR AGAINST ABSTAIN BROKER NON-VOTES 24,930,334 35,358,915 258,231 3,182,679”
Shareholder Votes
TIMKEN CO shareholders approved Ratification of Ernst & Young LLP as independent auditor at the 2026-05-08 meeting.
“(3) ratified the appointment of Ernst & Young LLP as its independent auditor for the fiscal year ending December 31, 2026; and FOR AGAINST ABSTAIN BROKER NON-VOTES 61,717,389 1,977,231 35,539 0”
Shareholder Votes
TIMKEN CO shareholders approved Advisory vote on named executive officer compensation at the 2026-05-08 meeting.
“(2) approved, on an advisory basis, the resolution set forth below regarding named executive officer compensation; RESOLVED, that the compensation of the named executive officers as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the 2026 Proxy Statement, is hereby APPROVED. FOR AGAINST ABSTAIN BROKER NON-VOTES 44,837,026 15,272,988 437,466 3,182,679”
Shareholder Votes
TIMKEN CO shareholders approved Election of twelve directors at the 2026-05-08 meeting.
“NOMINEES FOR WITHHOLD BROKER NON-VOTES Lucian Boldea 59,598,638 948,854 3,182,667 Maria A. Crowe 58,028,580 2,518,912 3,182,667 Elizabeth A. Harrell 58,197,705 2,349,787 3,182,667 Richard G. Kyle 59,605,368 942,124 3,182,667 Sarah C. Lauber 59,271,708 1,275,784 3,182,667 Todd M. Leombruno 58,659,558 1,887,934 3,182,667 Christopher L. Mapes 55,431,064 5,116,428 3,182,667 Ajita G. Rajendra 53,788,853 6,758,639 3,182,667 Kimberly K. Ryan 59,475,084 1,072,408 3,182,667 Frank C. Sullivan 57,747,501 2,799,991 3,182,667 John M. Timken, Jr. 58,945,757 1,601,735 3,182,667 Ward J. Timken, Jr. 59,599,013 948,479 3,182,667”
Earnings Releases
TIMKEN CO reported first quarter of 2026 results: revenue $1.23 billion, net income $98.2 million, EPS $1.40. Guidance raised.
“Timken Reports First-Quarter 2026 Results • Sales of $1.23 billion, up 8 percent from last year • First-quarter diluted EPS of $1.40; adjusted EPS of $1.67 • Net income margin of 8.0 percent; adjusted EBITDA margin of 18.8 percent • Raises 2026 outlook; now expects 2026 EPS of $4.70-$5.20, with adjusted EPS of $5.75-$6.25”
Richard G. Kyle was appointed as interim President and Chief Executive Officer at TIMKEN CO.
“the Board had appointed Richard G. Kyle as the interim President and Chief Executive Officer of the Company, effective immediately.”
Tarak B. Mehta departed as President and Chief Executive Officer at TIMKEN CO.
“the Company and Tarak B. Mehta, the President and Chief Executive Officer of the Company, had mutually agreed that Mr. Mehta would depart from the Company, including resigning as a member of the Company’s Board of Directors (the “Board”), effective immediately.”
Christopher A. Coughlin departed as Executive Vice President, President of Industrial Motion at TIMKEN CO.
“On February 3, 2025, Christopher A. Coughlin, Executive Vice President, President of Industrial Motion, of the Company notified the Company of his intention to retire by the end of December 2025.”
Kimberly K. Ryan was elected as director at TIMKEN CO.
“On January 21, 2025, the Board of Directors (the “Board”) of The Timken Company (the “Company”) approved an increase in the size of the Board from twelve to thirteen members and elected Kimberly K. Ryan as a director.”
Richard G. Kyle departed as Advisor to the CEO at TIMKEN CO.
“Mr. Kyle will serve as Advisor to the CEO until his retirement as an employee of the Company on February 15, 2025.”
Richard G. Kyle was appointed as Advisor to the CEO at TIMKEN CO.
“appointed Richard G. Kyle Advisor to the CEO”
Tarak Mehta was elected as Director at TIMKEN CO.
“elected Mr. Mehta as a Director”
Tarak Mehta was appointed as President and Chief Executive Officer at TIMKEN CO.
“appointed Tarak Mehta President and Chief Executive Officer of the Company”
Todd M. Leombruno was elected as director at TIMKEN CO.
“On August 7, 2024, the Board of Directors (the “Board”) of The Timken Company (the “Company”) approved an increase in the size of the Board from ten to eleven members and elected Todd M. Leombruno as a director.”
Shareholder Votes
TIMKEN CO shareholders rejected Shareholder proposal requesting independently-verified science-based greenhouse gas emissions reduction targets at the 2024-05-03 meeting.
“(5) did not approve a shareholder proposal requesting that The Timken Company adopt independently-verified short- and medium-term science-based greenhouse gas emissions reduction targets, inclusive of emissions from its full value chain, in order to achieve net-zero emissions by 2050 in line with the Paris Agreement’s goal of limiting global temperature rise to 1.5 degrees Celsius.”
Shareholder Votes
TIMKEN CO shareholders approved Approval of amendment and restatement of The Timken Company 2019 Equity and Incentive Compensation Plan at the 2024-05-03 meeting.
“(4) approved the amendment and restatement of The Timken Company 2019 Equity and Incentive Compensation Plan;”
Shareholder Votes
TIMKEN CO shareholders approved Ratification of appointment of Ernst & Young LLP as independent auditor for fiscal year ending December 31, 2024 at the 2024-05-03 meeting.
“(3) ratified the appointment of Ernst & Young LLP as its independent auditor for the fiscal year ending December 31, 2024;”
Shareholder Votes
TIMKEN CO shareholders approved Advisory approval of named executive officer compensation at the 2024-05-03 meeting.
“(2) approved, on an advisory basis, the resolution set forth below regarding named executive officer compensation;”
Shareholder Votes
TIMKEN CO shareholders approved Election of ten Directors to serve for a term of one year expiring at the annual meeting in 2025 at the 2024-05-03 meeting.
“(1) elected the ten Directors set forth below to serve for a term of one year expiring at the annual meeting in 2025 (or until their respective successors are elected and qualified);”
Tarak Mehta was appointed as President and Chief Executive Officer at TIMKEN CO.
“Tarak Mehta would be appointed CEO on September 5, 2024”
Richard G. Kyle departed as President and Chief Executive Officer at TIMKEN CO.
“Richard G. Kyle, President and Chief Executive Officer (“CEO”) of the Company would be retiring from his position as CEO”
Earnings Releases
TIMKEN CO reported the first quarter of 2024 results: revenue $1.19 billion, net income $103.5 million or $1.46 per diluted share, EPS $1.46 per diluted share. Guidance raised.
“shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook • Sales of $1.19 billion, down 5.7 percent from last year • First-quarter earnings per share of $1.46; adjusted EPS of $1.77 • Strong margin performance in the quarter, with net income margin of 8.7”
Tarak Mehta was appointed as President and Chief Executive Officer at TIMKEN CO.
“In connection with Mr. Kyle’s notification, the Company has reached an agreement with Tarak Mehta to become the President and Chief Executive Officer of the Company on September 5, 2024 following the conclusion of a negotiated transition period with his current employer (the “Appointment Date”).”
Richard G. Kyle retired as President and Chief Executive Officer at TIMKEN CO.
“On March 26, 2024, Richard G. Kyle, President and Chief Executive Officer of The Timken Company (the “Company”) and member of the Company’s Board of Directors (the “Board”), notified the Company of his intention to retire from his position as President and Chief Executive Officer.”
Earnings Releases
TIMKEN CO reported full year of 2023 results: revenue $4.8 billion, net income $394.1 million or $5.47 per diluted share, EPS $5.47 per diluted share. Guidance initiated.
“Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023 • Sales of $1.09 billion in the fourth quarter, up 1 percent from last year • Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 • Record full-year sales of $4.8 billion, up 6 percent from last year • Full-year 2023 EPS of $5.47; record adjusted EPS of $7.05 • Full-year net income margin of 8.3 percent; adjusted EBITDA margin of 19.7 percent • Company provides initial estimate for 2024 EPS of $4.90-$5.30, with adjusted EPS of $5.80-$6.20 on lower anticipated demand”
Earnings Releases
TIMKEN CO reported fourth quarter of 2023 results: revenue $1.09 billion, net income $58.7 million or $0.83 per diluted share, EPS $0.83 per diluted share.
“be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023 • Sales of $1.09 billion in the fourth quarter, up 1 percent from last year • Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 • Record full-year sales of $4.8 billion, up 6 percent from”
Earnings Releases
TIMKEN CO reported full year 2023 results: EPS $5.60 to $5.70.
“Timken is updating its 2023 outlook, with full-year earnings per diluted share now forecasted to be in the range of $5.60 to $5.70 and adjusted earnings per diluted share in the range of $6.85 to $6.95.”
Earnings Releases
TIMKEN CO reported third quarter of 2023 results: revenue $1.14 billion, net income $87.9 million or $1.23 per diluted share, EPS $1.23 per diluted share.
“Exchange Act, except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports Third-Quarter 2023 Results • Sales of $1.14 billion, up approximately 1 percent from last year • Third-quarter earnings per share of $1.23; adjusted EPS of $1.55 • Strong cash from operations of $194 million; free cash flow of”
Earnings Releases
TIMKEN CO reported the second quarter of 2023 results: revenue $1.27 billion, net income $125.2 million or $1.73 per diluted share, EPS $1.73 per diluted share.
“except as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports Strong Second-Quarter 2023 Results • Record sales of $1.27 billion, up 10 percent from last year • Second-quarter EPS of $1.73; adjusted EPS of $2.01 • Net income margin of 9.8 percent; adjusted EBITDA margin of 20.7 percent • Repurchased 1.3”
Shareholder Votes
TIMKEN CO shareholders rejected Shareholder proposal requesting the Board of Directors take steps to amend governing documents to give owners of a combined 10% of outstanding common stock the power to call a special shareholder meeting at the 2023-05-05 meeting.
“did not approve a shareholder proposal requesting the Board of Directors take the steps necessary to amend the appropriate Company governing documents to give the owners of a combined 10% of the Company's outstanding common stock the power to call a special shareholder meeting.”
Shareholder Votes
TIMKEN CO shareholders approved Amendment to Amended Articles of Incorporation to reduce certain shareholder voting requirement thresholds at the 2023-05-05 meeting.
“approved an amendment to the Company's Amended Articles of Incorporation to reduce certain shareholder voting requirement thresholds; and FOR AGAINST ABSTAIN BROKER NON-VOTES 63,811,604 192,801 108,075 3,459,502”
Shareholder Votes
TIMKEN CO shareholders approved Ratification of Ernst & Young LLP as independent auditor for fiscal year ending December 31, 2023 at the 2023-05-05 meeting.
“ratified the appointment of Ernst & Young LLP as its independent auditor for the fiscal year ending December 31, 2023; FOR AGAINST ABSTAIN BROKER NON-VOTES 65,210,745 2,245,408 115,829 0”
Shareholder Votes
TIMKEN CO shareholders approved Advisory vote on frequency of shareholder advisory vote on named executive officer compensation (one year) at the 2023-05-05 meeting.
“recommended, on an advisory basis, one year for the frequency of the shareholder advisory vote on named executive officer compensation; 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTES 61,294,522 66,662 2,543,887 207,410 3,459,501”
Shareholder Votes
TIMKEN CO shareholders approved Advisory vote on named executive officer compensation at the 2023-05-05 meeting.
“approved, on an advisory basis, the resolution set forth below regarding named executive officer compensation; RESOLVED, that the compensation of the named executive officers as disclosed pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Compensation Discussion and Analysis, the compensation tables and any related material disclosed in the 2023 Proxy Statement, is hereby APPROVED.”
Shareholder Votes
TIMKEN CO shareholders approved Election of eleven directors at the 2023-05-05 meeting.
“elected the eleven Directors set forth below to serve for a term of one year expiring at the annual meeting in 2024 (or until their respective successors are elected and qualified); NOMINEES FOR WITHHOLD BROKER NON-VOTES Maria A. Crowe 58,498,439 5,614,048 3,459,495”
Earnings Releases
TIMKEN CO reported first quarter of 2023 results: revenue $1.26 billion, net income $122.3 million, EPS $1.67 per diluted share. Guidance raised.
“set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports Record First-Quarter 2023 Results; Raises Full-Year Outlook • Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year • Record first-quarter EPS of $1.67; with all-time record quarterly adjusted EPS of $2.09 • Net income margin of”
Earnings Releases
TIMKEN CO reported the fourth quarter and full year of 2022 results: revenue $1.08 billion, net income $97.2 million or $1.32 per diluted share, EPS $1.32 per diluted share. Guidance initiated.
“Timken Reports Strong Fourth-Quarter and Full-Year 2022 Results • Sales of $1.08 billion in the fourth quarter, up 7 percent in total and 10 percent organically from last year • Fourth-quarter EPS of $1.32; adjusted EPS of $1.22 • Record full-year 2022 EPS of $5.48; record adjusted EPS of $6.02 • Starting in 2023, adjusted EPS will be revised to exclude acquisition intangible amortization expense • Company provides initial estimate for 2023 EPS of $5.80-$6.40, with adjusted EPS of $6.50-$7.10 NORTH CANTON, Ohio: February 6, 2023 — The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, today reported fourth-quarter 2022 sales of $1.08 billion, up 7.4 percent from the same period a year ago. The increase was driven by strong organic growth across most end-market sectors, and the favorable impact of acquisitions (net of divestitures), partially offset by unfavorable foreign currency translation. Organically, fourth-quarter s”
Debt Financings
TIMKEN CO incurred revolving credit of $750 million with Bank of America, N.A. and KeyBank National Association, as Co-Administrative Agents maturing December 5, 2027.
“The Credit Agreement provides for a $400 million unsecured term loan facility and a $750 million unsecured revolving credit facility.”
Debt Financings
TIMKEN CO incurred term loan of $400 million with Bank of America, N.A. and KeyBank National Association, as Co-Administrative Agents maturing December 5, 2027.
“The Credit Agreement provides for a $400 million unsecured term loan facility and a $750 million unsecured revolving credit facility.”
Material Agreements
TIMKEN CO amended Fifth Amended and Restated Credit Agreement with Bank of America, N.A. and KeyBank National Association, as Co-Administrative Agents, KeyBank National Association, as Paying Agent, L/C Issuer and Swing Line Lender, and the other lenders from time to time party thereto valued at $750 million (effective 2022-12-05).
“On December 5, 2022, The Timken Company (the “ Company ”) entered into a Fifth Amended and Restated Credit Agreement (the “ Credit Agreement ”) with Bank of America, N.A. and KeyBank National Association, as Co-Administrative Agents, KeyBank National Association, as Paying Agent, L/C Issuer and Swing Line Lender, and the other lenders from time to time party thereto (collectively, the “ Lenders ”).”
Ronald J. Myers departed as Executive Vice President – Human Resources at TIMKEN CO.
“On September 29, 2021, Ronald J. Myers, Executive Vice President – Human Resources, of The Timken Company (the “Company”) notified the Company of his intention to retire by the end of November 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.