Timken Announces Planned Retirement of Christopher A. Coughlin, EVP & President, Industrial Motion

The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today announced that Christopher A. Coughlin, executive vice president and president, Industrial Motion, will retire at the end of the year after 41 years with the company. "Chris has been an invaluable part of Timken's leadership team, demonstrating exemplary stewardship and a deep commitment to the company's mission for more than four decades," said John M. Timken Jr., chairman of the Timken Board of Directors. "On behalf of the board, I thank Chris for his strong leadership and wish him well in retirement."

"Chris has played a key role in the performance improvement of the company over the years," said Tarak Mehta, president and chief executive officer. "This includes diversifying the company's business through organic growth initiatives, product innovation and strategic M&A. In his most recent position, Chris expanded the company's industrial motion offerings to better serve our customers' evolving needs. We are grateful to Chris for his many contributions." Prior to his current role, Coughlin led the engineered bearings business. He is credited with developing Timken's global manufacturing footprint and extensive distribution network, delivering industry-leading quality and customer service levels and running Timken operations with greater efficiency to drive performance. "My time at Timken has been filled with memorable experiences and opportunities to work with many great people around the world," Coughlin said. "I appreciate the Timken team and the partnerships we built with our customers, and I'm optimistic about the future of the company." A search process is underway to identify Coughlin's successor and ensure a seamless transition.