Chairman, Board of Directors, The Timken Company
The great-grandson of The Timken Company’s original founder Henry Timken, John M. Timken, Jr., 62, was elected non-executive chairman of The Timken Company in May 2014. A private investor and successful entrepreneur, he has been a significant Timken shareholder for many years. Timken currently is co-founder and serves as a director of Amgraph Packaging, a national supplier of flexible package printing used by major food and beverage brands and private labels.
His entrepreneurial activities cover a wide range of businesses and interests. Timken founded his first venture shortly after graduating from The College of Wooster, establishing Essex Racing Services. His company distributed Cosworth racing engines, Van Diemen racing cars, and provided both fabrication and performance racing engineering services. Beyond racing, his passion for business building has continued with involvement in ventures ranging from injection molding, to ophthalmic laboratories, to logistics and trucking. Timken also has owned a cable television business and established one of North America’s largest commercial mushroom farms.
His ability as an investor to identify and help increase value across a range of businesses provides the Timken board with important input in evaluating and guiding the company in making important capital allocation decisions. Since joining the board in 1986, Timken has played a major role in the company’s strategic drive to add product lines that complement its bearing product portfolio, including the largest acquisition in 2003 of The Torrington Company.
Originally from New London, Conn., Timken currently lives in Vermont, where he serves as a selectman for the town of Bridgewater.