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Timken Company Appoints New CEO Lucian Boldea

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Timken Company Appoints New CEO Lucian Boldea

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Timken Company ( (TKR) ) has shared an announcement.

On August 22, 2025, The Timken Company announced that Lucian Boldea will become its new President and CEO effective September 1, 2025, succeeding Richard G. Kyle. Boldea, with extensive leadership experience at Honeywell and Eastman Chemical Company, will guide Timken through a transition period ending November 14, 2025, with Kyle continuing as an advisor. Boldea’s compensation package includes a base salary, short-term and long-term incentives, and a severance agreement, reflecting the company’s commitment to securing experienced leadership to enhance its market position.

The most recent analyst rating on (TKR) stock is a Buy with a $84.00 price target. To see the full list of analyst forecasts on Timken Company stock, see the TKR Stock Forecast page.

Spark’s Take on TKR Stock

According to Spark, TipRanks’ AI Analyst, TKR is a Outperform.

Timken’s overall stock score reflects its solid financial performance and stable technical indicators. While valuation and earnings call sentiment are mixed, the company’s strong cost management and strategic focus on automation provide a positive long-term outlook.

To see Spark’s full report on TKR stock, click here.

More about Timken Company

The Timken Company operates in the industrial sector, focusing on the production of engineered bearings and power transmission products. The company serves a diverse range of markets, including aerospace, automotive, and industrial machinery.

Average Trading Volume: 629,399

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.5B

Find detailed analytics on TKR stock on TipRanks’ Stock Analysis page.

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