Board Committees

The Audit Committee assists the board in fulfilling oversight responsibilities with respect to:
- the integrity of the company's financial statements
- the Company's compliance with legal and regulatory requirements
- the independent auditors' qualifications and independence; and
- the performance of the independent auditors and the company's internal audit function.
The Nominating and Corporate Governance Committee assists the board in fulfilling its responsibilities to assure that the company is governed in a manner consistent with the best interests of Timken, its shareholders and other constituents, including evaluating qualified individuals to serve on the board.
The Compensation Committee establishes and administers the company's policies, programs and procedures for compensating its senior management and the members of the board.
The Finance Committee advises and consults with management and the Board of Directors regarding capital structure, dividend and investment policies and other financial matters affecting the Company