The Timken Company Announces CEO Succession Plan

Industry executive Tarak Mehta has been named Timken’s next president and CEO.

Richard G. Kyle plans to retire following a decade of leadership as CEO.

Read our full news release here

Our 2023 Annual Report Highlights Record Results

We grew revenue, increased margins and expanded our market leadership while remaining well-positioned for long-term growth and performance.

We’re Proud to be Recognized as one of the World’s Most Innovative Companies by Fast Company

Expertise

As a diversified industrial leader, we are globally recognized for our specialized engineering expertise in friction management, power transmission, and materials science, as well as our customer-centric, innovative problem solving.

We’ve welcomed four new bearing acquisitions in the past 13 months. Read how 125 years of engineered bearing leadership continues to deliver value.

Product Mix

We continue to expand our leading product portfolio to meet our customers’ — and the world’s — evolving needs, and enable the technological breakthroughs that occur daily.

Our knowledge and expertise helped us engineer an award-winning bearing solution for the food and beverage industry that drastically minimizes the risk of ingress with a customer-centric design.

Social Responsibility

We leverage our specialized engineering expertise to develop more sustainable solutions — across our products, our operations, and in the communities where we live and work — for a rapidly changing world and the next generation.

Our culture and values drive our talent management team — helping them build integrated programs that strengthen our diverse workforce holistically. It’s work that matters.

Innovation

Our R&D investments begin at the intersection of capability and opportunity. We develop new know-how in close partnership with our customers to address their evolving needs and leverage emerging trends.

Our metallurgical expertise is core to our industrial leadership — and plays a crucial role in elevating customer performance and bearing manufacturability.

Our research & development team combines practical and theoretical science to predict bearing performance in complex mechanical power transmission systems.

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