The Timken Company Strengthens Senior Leadership
17 December 1997
The Timken Company Strengthens Senior LeadershipCANTON, Ohio, Dec. 17 -- Building on the formation of the office of the chairman, which was announced last month, The Timken Company today announced additional assignments designed to further strengthen the organization's leadership. These moves follow the election last month of W.R. Timken, Jr., as president and chief executive officer, expanding his previous responsibilities as chairman, as well as Robert L. Leibensperger as executive vice president, chief operating officer and president - bearings, and Bill J. Bowling as executive vice president, chief operating officer and president - steel. Larry R. Brown, Gene E. Little, Stephen A. Perry, John J. Schubach and Thomas W. Strouble, previously vice presidents, have been elected senior vice presidents. Mr. Brown will be senior vice president and general counsel, Mr. Little will be senior vice president - finance and Mr. Schubach will be senior vice president - strategic management and continuous improvement. They will report to Mr. Timken. Mr. Perry will be senior vice president - human resources, purchasing and communications and will report to Mr. Bowling. Mr. Strouble will be senior vice president - technology and will report to Mr. Leibensperger. Also reporting to Mr. Leibensperger and taking on additional responsibility will be Jon T. Elsasser, James W. Griffith and Salvatore J. Miraglia, Jr., who were elected to new positions. Previously they had been vice presidents. Mr. Elsasser will be group vice president - bearings - rail, Europe, Africa and West Asia. He is currently based at the company's offices in Colmar, France, and in the near future will be relocating to Canton. Mr. Griffith will be group vice president - bearings - North America automotive, Asia Pacific and Latin America. Mr. Miraglia will be group vice president - bearings - North America industrial and super precision. "These three individuals have been keys to our success in the 1990s and will be central to continuing to lead and grow our worldwide bearing business," said Mr. Leibensperger. "Their leadership responsibilities will continue to increase as our network of facilities and number of customers keeps growing. We now have plants and offices in 25 nations and more than 26,000 customers." Reporting to Mr. Bowling will be Karl P. Kimmerling and Hans J. Sack, who were also elected corporate officers. Mr. Kimmerling, previously vice president - manufacturing - steel, will be group vice president - alloy steel, and Mr. Sack, previously president - Latrobe Steel Company, a Timken Company subsidiary, will be group vice president - specialty steel and president - Latrobe Steel Company. "Karl and Hans have been very instrumental in building the success of our steel business," said Mr. Bowling, "and we are confident that they will help lead it to new levels of achievement. This includes continuing to expand our operations, as we have been doing through initiatives such as the addition of new rolling mill capacity and tool steel distribution acquisitions." The Timken Company is a leading international manufacturer of highly engineered bearings and alloy steels. The company employs some 20,000 people worldwide and reported 1996 sales of about U.S. $2.4 billion. SOURCE The Timken Company