Welcome!

News Feed Item

Timken Elects Lincoln Electric CEO Christopher L. Mapes To Its Board of Directors; Announces 2014 Board Slate

CANTON, Ohio, Feb. 14, 2014 /PRNewswire/ -- The Timken Company's (NYSE: TKR; www.timken.com) board of directors has elected Christopher L. Mapes a director of the company.  Additionally, the board announced its slate of candidates to be elected at the 2014 Annual Meeting of Shareholders scheduled in Canton on Tuesday, May 13.

(Photo: http://photos.prnewswire.com/prnh/20140214/CL65629
(Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO )

Mapes currently serves as chairman, president and chief executive officer of Lincoln Electric Holdings, Inc. (NASDAQ: LECO), a global manufacturer and market leader of high-quality welding, cutting and joining products.  He oversees all of Lincoln Electric's businesses, as well as its global product development initiatives.  A 119-year-old company based in Cleveland, Ohio, Lincoln Electric operates 45 manufacturing locations in 19 countries and generated $2.9 billion in revenue in 2012.

"Chris Mapes brings to our board a wide breadth of experience in manufacturing management and global development as well as his perspective as an active CEO of a well-respected manufacturer," said Ward J. "Tim" Timken Jr., chairman of the Timken board. "We look forward to his counsel and guidance as a new leadership team takes the helm and drives The Timken Company to continued success."

Mapes was named president and chief executive officer of Lincoln Electric on Dec. 31, 2012, and a year later was elected chairman of the board.  Prior to joining the company in late 2011 as its chief operating officer, Mapes was executive vice president of A.O. Smith Corp. and president of its Electrical Products Company, a former division of A.O. Smith Corp.  His 25-year career in manufacturing management also includes roles with Regal-Beloit Corp., Superior Telecom, Essex Group and General Motors Corporation. He holds a bachelor's degree from Ball State University in Muncie, Ind., a law degree from the University of Toledo in Ohio and a master of business administration degree from Northwestern University's Kellogg Graduate School of Management in Evanston, Ill.

Separately, the Timken board of directors selected candidates for election to new one-year terms, noted that three current directors will not seek re-election when their terms end, and announced four individuals whom the board expects to assume new director roles when the TimkenSteel Corporation board forms later this year.  The candidates for election are:

  • Phillip R. Cox, president and chief executive officer of Cox Financial Corporation, and a Timken director since 2004;
  • Diane C. Creel, retired chairman, chief executive officer and president of Ecovation, Inc., named to the Timken board in 2012;
  • Richard G. Kyle, chief operating officer of bearings and power transmission for  Timken, named a director in 2013;
  • John A. Luke, Jr., chairman and chief executive officer of MeadWestvaco Corporation, and a member of the Timken board since 1999;
  • Christopher L. Mapes, chairman, president and chief executive officer of Lincoln Electric Holdings, Inc., named to the Timken board in 2014;
  • Joseph W. Ralston, retired general, USAF, and vice chairman of The Cohen Group, and a Timken director since 2003;
  • John P. Reilly, former chairman, president and chief executive officer of Figgie International, and a Timken director since 2006;
  • John M. Timken, Jr., private investor, and member of the Timken board since 1986;
  • Frank C. Sullivan, chairman and chief executive officer of RPM, Inc., and a Timken board member since 2003;
  • Ward J. Timken, Jr., chairman of the Timken board of directors, and a director since 2002; and
  • Jacqueline F. Woods, retired president of AT&T Ohio, named a Timken director in 2000.

Not seeking re-election are: James W. Griffith, a director since 1999 and currently Timken president and CEO, who announced his intent to retire from the company at the time of the pending separation of the steel business; Ward J. Timken, who has served as a director since 1971; and John M. Ballbach, who has served as a director since 2009.

The board expects that Cox, Creel, Reilly and W. J. Timken, Jr., will be named TimkenSteel Corporation directors when that board forms later this year. It also anticipates Creel and Cox will resign from The Timken Company board when the TimkenSteel spinoff is finalized, while Reilly and Timken are expected to serve on both boards.

About The Timken Company

The Timken Company (NYSE: TKR; www.timken.com), a global industrial technology leader, applies its deep knowledge of materials, friction management and power transmission to improve the reliability and efficiency of industrial machinery and equipment all around the world.  The company engineers, manufactures and markets mechanical components and high-performance steel.  Timken® bearings, engineered steel bars and tubes—as well as transmissions, gearboxes, chain, related products and services—support diversified markets worldwide.  With sales of $4.3 billion in 2013 and approximately 19,000 people operating from 28 countries, Timken makes the world more productive and keeps industry in motion.

Media Contact:
Pat Carlson-Burnham
Global Media Relations
1835 Dueber Avenue, S.W.
Canton, OH 44706-0927 U.S.A.
Telephone: (330)471-3514
[email protected].com

Investor Contact:
Steve Tschiegg
Director – Capital Markets & Investor Relations
1835 Dueber Avenue, S.W.
Canton, OH 44706-0927 U.S.A.
Telephone: (330)471-7446
[email protected]

SOURCE The Timken Company

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.