tiprankstipranks
Timken Company Announces Leadership Transition and Board Expansion
Company Announcements

Timken Company Announces Leadership Transition and Board Expansion

Don't Miss our Black Friday Offers:

Timken Company ( (TKR) ) has shared an announcement.

The Timken Company has announced a change in leadership as part of its succession plan, with Tarak Mehta stepping in as President and CEO, and Richard G. Kyle transitioning to Advisor to the CEO until his retirement on February 15, 2025. Kyle will remain a principal executive officer until the end of September 2024, post which Mehta will take over. Additionally, the company’s Board of Directors will expand from eleven to twelve members, with Mehta also joining as a Director starting September 5, 2024.

Learn more about TKR stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyTimken upgraded to Outperform from In Line at Evercore ISI
TheFlyTimken upgraded to Outperform from In Line at Evercore ISI
TheFlyTimken price target lowered to $99 from $103 at DA Davidson
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App