The Timken Co Tapped Tarak Mehta as CEO, Effective September 5, Taking Over From the Retiring Richard G. Kyle
Portfolio Pulse from Benzinga Newsdesk
The Timken Company (NYSE:TKR) announced Tarak Mehta as its next president and CEO, effective September 5, 2024, succeeding Richard G. Kyle who will retire but remain on the Board of Directors. Mehta, currently at ABB Ltd., brings 35 years of industry experience, including leadership roles and expertise in organic growth, innovation, and M&A transactions.
March 27, 2024 | 10:59 am
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Tarak Mehta, with extensive experience in growth and innovation, is set to become Timken's CEO, succeeding Richard G. Kyle.
The appointment of Tarak Mehta, a leader with a proven track record in driving growth and innovation, is likely to be viewed positively by investors. His experience in scaling business portfolios and improving efficiency could signal a strong strategic direction for Timken, potentially boosting investor confidence and stock price in the short term.
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