Timken Names Michael A. Discenza Chief Financial Officer

Core Viewpoint - The Timken Company has appointed Michael A. Discenza as the new vice president and chief financial officer, effective immediately, succeeding Philip D. Fracassa who is leaving for another opportunity [1][3]. Company Overview - The Timken Company is a global technology leader in engineered bearings and industrial motion, with a history of over 125 years in innovation and customer-centric solutions [3]. - In 2024, Timken reported sales of $4.6 billion and employs approximately 19,000 people across 45 countries [3]. Leadership Transition - Michael A. Discenza has 25 years of experience at Timken, including the last 10 years as vice president of finance and group controller [1][2]. - Richard G. Kyle, president and CEO, expressed confidence in Discenza's leadership abilities to drive growth and performance within the company [2]. Discenza's Background - Discenza has held various financial and accounting leadership roles since joining Timken in 2000, demonstrating extensive industry knowledge and financial expertise [2]. - He holds both bachelor's and master's degrees in economics from The University of Akron and is a certified management accountant [2].