Timken Announces Key Leadership Appointments

Timken (NYSE: TKR) announced a structural evolution supporting its Elevate to Outperform strategy by creating enterprise-wide chief commercial officer (CCO) and chief operating officer (COO) roles, effective Sept. 1, 2026.

Rhea-AI Summary

Timken (NYSE: TKR) announced a structural evolution supporting its Elevate to Outperform strategy by creating enterprise-wide chief commercial officer (CCO) and chief operating officer (COO) roles, effective Sept. 1, 2026. These positions are intended to advance the One Timken model, unify global commercial efforts and streamline operations.

Tim Graham is appointed executive vice president and CCO, leading global commercial strategy, marketing and sales execution. Steve Ribaudo will join as executive vice president and COO, overseeing the multinational footprint, operations, procurement, supply chain and end-to-end P&L. Timken reported $4.6 billion in 2025 sales and about 19,000 employees across 45 countries.

Positive

• New CCO and COO roles to coordinate commercial strategy and operations globally
• Tim Graham elevated to EVP and CCO with extensive internal leadership experience
• Steve Ribaudo hired as EVP and COO, bringing nearly 20 years of global operations expertise

Negative

• None.

Argus Jul 31 session

+1.06% close to close Open Argus

Details

News Market Reaction – TKR

In the Jul 31 session, TKR gained 1.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Recent history includes a 3.52% 24-hour reaction to the August 4 earnings-date notice. For this lead...

Analysis

Recent history includes a 3.52% 24-hour reaction to the August 4 earnings-date notice. For this leadership announcement, recent insider data shows Net Selling; the relevant watchpoint is execution disclosure rather than assumed operating results.

Key Figures

Appointment effective date: Sept. 1 Tim Graham experience: more than two decades Steve Ribaudo experience: nearly 20 years +3 more

Appointment effective date

Sept. 1

CCO and COO appointments

Tim Graham experience

more than two decades

Timken leadership experience

Steve Ribaudo experience

nearly 20 years

Global operations and industrial leadership

Company history

more than 125 years

Specialized expertise

2025 sales

$4.6 billion

Fiscal 2025

Global operations

45 countries

Multinational presence

Historical Context

5 past events · Latest: Jul 21

5 events

1. Jul 21

   Earnings date notice

   24h Move

   +3.5%

   Announced second-quarter 2026 results release date and investor conference call

2. May 20

   Strategy update

   24h Move

   +1.5%

   Outlined Elevate to Outperform strategy and disclosed 2028 financial targets

3. May 08

   Dividend increase

   24h Move

   +1.4%

   Raised quarterly dividend to $0.36 per share and extended increase streak

4. May 06

   Quarterly earnings

   24h Move

   +9.2%

   Reported first-quarter results and raised 2026 earnings guidance

5. May 01

   Business divestiture

   24h Move

   -1.7%

   Agreed to sell belts business to Gates Industrial in Q3 2026

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

p&l

1 terms

p&l financial

"end-to-end profit and loss (P&L) ownership"

A P&L, short for profit and loss statement, is a snapshot of a company's money in and money out over a set period that shows whether the business made a profit or suffered a loss. Think of it like a household budget or a scorecard: it shows sales, costs and the bottom-line result, helping investors judge whether the company is earning enough, managing expenses, and likely to grow or face financial stress.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CCO, COO Roles Created to Advance One Timken Structure

NORTH CANTON, Ohio, July 31, 2026 /PRNewswire/ -- The Timken Company (NYSE: TKR), a leader in advanced motion technology, today announced key executive leadership appointments in support of its Elevate to Outperform strategy.

The company is evolving its structure with the appointment of a chief commercial officer (CCO) and chief operating officer (COO). These enterprise-wide roles will ensure a coordinated focus on global operations and commercial strategy, supporting ongoing company-wide objectives to better leverage the multinational footprint and operate as One Timken. This holistic structure builds on Timken's previous leadership announcement and will enable faster decision-making and execution across businesses and regions.

Tim Graham is appointed to the new position of executive vice president and CCO, effective Sept. 1. In this role, Graham will bring together a unified sales force across the company to better serve customers. He will lead enterprise-wide commercial strategy, marketing and commercial sales excellence, including oversight of sales execution and revenue growth in each of the regions.

Steve Ribaudo is appointed to the new position of executive vice president and COO and will join Timken, effective Sept. 1. In this role, Ribaudo will lead efforts to optimize the company's multinational footprint, enterprise operations, procurement and supply chain functions, operational excellence initiatives and end-to-end profit and loss (P&L) ownership.

"This change is designed to enhance execution, speed and accountability to accelerate profitable growth and better serve our customers," said Lucian Boldea, president and chief executive officer. "I am confident these leaders will advance Elevate to Outperform into the next phase of our transformation – and beyond. Steve's operational expertise will sharpen performance and accountability while Tim's deep Timken experience will strengthen customer engagement and generate growth."

Executive Biographies

Tim Graham
Graham currently serves as executive vice president and president of the Industrial Motion business. With more than two decades at Timken, he has a proven track record leading global teams, overseeing complex operations and driving growth. Prior roles at Timken include vice president of operations for Engineered Bearings, acting president for American Roller Bearing and Aurora Bearing and director of European operations. Before joining Timken, Graham served in supply chain management roles with International Paper Company and Thomas & Betts Corporation. He earned a bachelor's degree in transportation and logistics management from Kent State University and an executive MBA from the University of Memphis.

Steve Ribaudo
Ribaudo brings nearly 20 years of global operations and industrial leadership to Timken, with demonstrated success leading results-oriented, high-performing teams focused on continuous improvement, strengthening customer relationships and enhancing business performance. Most recently, he served as senior vice president and general manager, Commercial HVAC, Americas, at Carrier Global Corp. He previously held senior leadership roles in wheel and brake operations at Collins Aerospace and positions of increasing responsibility in aerospace aftermarket and operations at United Technologies. Ribaudo earned a bachelor's degree in applied science from Keene State College and a master's in finance and business administration from Norwich University.

About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a leader in advanced motion technology, designs and manufactures highly engineered systems and components for customers in strategic end markets, including aerospace and defense, power and electrification, and automation and industrial solutions. With more than 125 years of specialized expertise and a multinational presence, Timken is a trusted partner worldwide, innovating and powering performance across the application lifecycle. The company posted $4.6 billion in sales in 2025 and employs approximately 19,000 people, operating from 45 countries. Learn more at www.timken.com or @TheTimkenCompany.

Media Relations:
Sarah Factor
234.262.4878
sarah.factor@timken.com

Investor Relations:
Neil Frohnapple
234.262.2310
investors@timken.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/timken-announces-key-leadership-appointments-302839646.html

SOURCE The Timken Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership changes did Timken (NYSE: TKR) announce on July 31, 2026?

Timken announced new executive vice president roles for a chief commercial officer and chief operating officer, effective September 1, 2026. According to Timken, these enterprise-wide positions will coordinate global commercial strategy and operations to support its Elevate to Outperform and One Timken initiatives.

Who is Tim Graham and what is his new role at Timken (TKR)?

Tim Graham was appointed executive vice president and chief commercial officer at Timken, effective September 1, 2026. According to Timken, he will unify the global sales force and lead enterprise-wide commercial strategy, marketing, sales excellence and regional revenue growth initiatives across the company.

Who is Steve Ribaudo and what will he do as Timken COO?

Steve Ribaudo will join Timken as executive vice president and chief operating officer on September 1, 2026. According to Timken, he will oversee the multinational footprint, enterprise operations, procurement, supply chain, operational excellence initiatives and end-to-end profit and loss (P&L) ownership.

How do the new CCO and COO roles support Timken’s Elevate to Outperform strategy?

The new CCO and COO roles are designed to enhance execution, speed and accountability to accelerate profitable growth. According to Timken, these enterprise-wide positions will better leverage its multinational footprint and enable coordinated One Timken commercial and operational decision-making across regions and businesses.

What experience does Tim Graham bring to the Timken chief commercial officer role?

Tim Graham brings more than two decades at Timken, most recently as EVP and president of Industrial Motion. According to Timken, his prior roles in operations, bearings businesses and European operations support leading global teams, complex operations and growth-focused commercial execution.

What is Timken’s company size and 2025 sales ahead of these leadership changes?

Timken reported 2025 sales of about $4.6 billion and employs roughly 19,000 people. According to Timken, the company operates from 45 countries and focuses on advanced motion technology for aerospace and defense, power and electrification, and automation and industrial solutions.