Timken announces CEO succession plan 10 April 2024

Timken ABB CEO (Image credit: Timken)

The Timken Company has announced Tarak Mehta is to replace Richard G. Kyle as president and CEO on 5 September.

Mehta has 35 years of industry experience, including a 26-year career at ABB. As president of ABB's Motion business, he has experience in scaling business portfolios through M&A transactions and helping customers save energy and improve efficiency. While at ABB, Mehta held a variety of global business leadership positions of increasing responsibility, including president of electrification products. Mehta will be joining the Timken team in North Canton, Ohio, and is expected to be appointed to the Timken board of directors at a future date.

Kyle will move into an advisory role to assist with the leadership transition. He plans to retire as an employee of Timken following a decade of leadership as CEO but will continue to serve on the board of directors.

Kyle joined Timken in 2006 and was appointed president and CEO in 2014. As CEO, he established two business segments: engineered bearings and industrial motion.

Operations Engineer

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