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The Timken Company (TKR)


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The Timken Company

4500 Mount Pleasant Street NW
North Canton, OH 44720
United States
234-262-3000
http://www.timken.com

SectorIndustrial Goods
IndustryMachine Tools & Accessories
Full Time Employees14,000

Key Executives

NameTitlePayExercisedAge
Mr. Richard G. KyleChief Exec. Officer, Pres and Director1.54MN/A51
Mr. Philip D. FracassaChief Financial Officer and Exec. VP749.82k30.09k49
Mr. Ronald J. MyersVP of HR384.14kN/A58
Mr. Christopher A. CoughlinExec. VP and Group Pres741.67kN/A56
Mr. Richard M. BoyerVP of OperationsN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide. It operates through two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices, and systems, as well as power transmission components, engineered chains, augers, belts, and related products and maintenance services to original equipment manufacturers (OEMs) and end users of off-highway equipment, such as agricultural, construction, mining, outdoor power equipment, and powersports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which comprise bearings, helicopter transmission systems, rotor-head assemblies, turbine engine components, gears, and housings. This segment sells it parts through a network of authorized automotive and heavy-truck distributors to individual end users, equipment owners, operators, and maintenance shops. The Process Industries segment supplies industrial bearings and assemblies; power transmission components, including gears and gearboxes; and couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also supports aftermarket sales and service needs through its network of authorized industrial distributors; and offers repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end users. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

Corporate Governance

The Timken Company’s ISS Governance QualityScore as of June 2, 2017 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.