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- Timken Company Appoints Tarak Mehta as President and CEO
Timken Company Appoints Tarak Mehta as President and CEO
Slice of Manufacturing Team
September 10, 2024
Key Highlights:
Tarak Mehta appointed as President and CEO of The Timken Company
Mehta to drive profitable growth and customer-centric innovation
Richard G. Kyle transitions to an advisory role after a decade as CEO
Mehta brings 26 years of experience from ABB, specializing in electrification and automation
Source (PR Newswire)
Notable Quotes:
"I'm excited to join Timken and hear directly from our employees, customers and other stakeholders... to accelerate profitable growth and continue to drive momentum for the company."
"On behalf of the Timken Board of Directors, I want to commend Rich for his contributions and leadership during a decade of strong growth and transformation."
Our Take:
Tarak Mehta’s appointment as CEO of The Timken Company marks a strategic move to ensure the company’s continued innovation and growth. Mehta’s extensive experience at ABB, where he excelled in leading global teams and driving operational excellence, positions him as an ideal successor to Richard Kyle. As Timken continues its 125-year legacy, Mehta’s leadership is expected to focus on enhancing customer-centric innovation while building on the company's strong foundation in engineered bearings and industrial motion solutions.