The Timken Company Appoints Stephen Ribaudo as New Chief Operating Officer

The Timken Company (TKR) announced the appointment of Stephen P. Ribaudo as its new Executive Vice President and Chief Operating Officer, effective September 1, 2026. Mr. Ribaudo joins from Carrier Global Corporation. Concurrently, the company appointed Timothy A. Graham to the role of Executive Vice President and Chief Commercial Officer.

Key Details

• New COO: Stephen P. Ribaudo, formerly Senior Vice President at Carrier Global Corporation, will assume the COO role on September 1, 2026.
• Compensation Package: Mr. Ribaudo's compensation includes a $670,000 annual base salary, a target annual bonus of 80% of salary, a $250,000 cash sign-on bonus, and initial long-term equity and "make-whole" RSU awards totaling approximately $2.8 million.
• Related Appointment: Effective upon Mr. Ribaudo's start date, Timothy A. Graham will be appointed Executive Vice President and Chief Commercial Officer to lead enterprise-wide commercial strategy and sales execution.