Leadership & Pay ·
The Timken Company appointed Stephen P. Ribaudo as Executive Vice President and Chief Operating Officer effective…
TKRTimken Co
The Timken Company appointed Stephen P. Ribaudo as Executive Vice President and Chief Operating Officer effective September 1, 2026. Mr. Ribaudo joins from Carrier Global Corporation, where he served as Senior Vice President and General Manager of Commercial HVAC Americas. His compensation package includes a $670,000 annual base salary, an $80% target short-term incentive, long-term equity awards with a first-year value of at least $1,794,000, a $250,000 sign-on payment, and a $1,000,000 make-whole RSU award. Concurrently, Timothy A. Graham will be appointed Executive Vice President and Chief Commercial Officer to lead enterprise-wide commercial strategy and sales execution upon Mr. Ribaudo's start date. The Timken Company manufactures bearings, power transmission products, and industrial seals.