TKR

Battery Ventures Invests in Training and Certification Company Mobius Institute

Retrieved on: 
Tuesday, March 26, 2024

Battery Ventures, a global, technology-focused investment firm, today announced a significant investment in Mobius Institute (“Mobius”), a company that specializes in reliability improvement, conditioning-monitoring, and precision-maintenance training and certification.

Key Points: 
  • Battery Ventures, a global, technology-focused investment firm, today announced a significant investment in Mobius Institute (“Mobius”), a company that specializes in reliability improvement, conditioning-monitoring, and precision-maintenance training and certification.
  • Mobius delivers its training via public, in-plant, and online training programs and has trained more than 70,000 professionals from 180 countries since 2005.
  • In addition to training, a related entity to the company, Mobius Institute Board of Certification, is an ISO/IEC 17024 and ISO 18436-accredited certification body that provides globally recognized certification to reliability professionals, vibration analysts, ultrasound analysts, thermal imaging, and lubrication specialists worldwide.
  • Jason Tranter, the co-founder of Mobius, said he hoped the partnership with Battery will help his company scale to a new level.

Ballard Announces Appointment of Jacqui Dedo to Board of Directors

Retrieved on: 
Wednesday, March 27, 2024

VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors.

Key Points: 
  • VANCOUVER, BC, March 27, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the appointment of Ms. Jacqueline (Jacqui) Dedo to the Ballard Board of Directors.
  • "We are pleased to welcome Jacqui to the Ballard Board.
  • Ms. Dedo added, "I am delighted to join the Ballard Board of Directors as the company deploys hydrogen fuel cell engines to meet increasing adoption rates in heavy-duty mobility applications.
  • Ms. Dedo previously held various leadership positions at The Timken Company (NYSE: TKR), Motorola (NYSE: MSI), and Robert Bosch Corporation.

The Timken Company Announces CEO Succession Plan

Retrieved on: 
Wednesday, March 27, 2024

NORTH CANTON, Ohio, March 27, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) Board of Directors has reached an agreement with Tarak Mehta to become Timken's next president and chief executive officer on Sept. 5, 2024. Mehta is currently president of the Motion business and member of the Group Executive Committee at ABB Ltd., a $32 billion leader in electrification and automation. Mehta will be appointed Timken president and CEO after he completes a transition period with ABB.

Key Points: 
  • Mehta will be appointed Timken president and CEO after he completes a transition period with ABB.
  • Kyle plans to retire as an employee of Timken following a decade of leadership as CEO but will continue to serve on the Timken Board of Directors.
  • "Today's announcement is the result of a leadership succession plan and follows a comprehensive CEO selection process led by the Board," said Timken Chairman, John M. Timken, Jr. "Bringing on a seasoned industry executive like Tarak as CEO underscores the Board's commitment to advancing Timken's industrial diversification strategy.
  • "Timken stands stronger today than at any time in our 125-year history, reflecting Rich's leadership and stewardship as CEO.

Timken Recognized by Fast Company as one of World's Most Innovative Companies

Retrieved on: 
Tuesday, March 19, 2024

NORTH CANTON, Ohio, March 19, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, has been named one of the World's Most Innovative Companies of 2024 by Fast Company.

Key Points: 
  • NORTH CANTON, Ohio, March 19, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, has been named one of the World's Most Innovative Companies of 2024 by Fast Company.
  • Alongside the top 50 companies overall, the publication recognized 606 organizations across 58 sectors and regions, with Timken ranking in the manufacturing category.
  • Fast Company editors and writers judged applications for inclusion on the annual list according to four criteria: innovation, impact, timeliness and relevance.
  • Specifically, Timken demonstrated to Fast Company how it worked with customers to develop an innovative two-bearing solution for the mainshaft used in the world's largest wind turbines.

Timken to Participate in the BofA Global Research Global Industrials Conference

Retrieved on: 
Tuesday, March 12, 2024

NORTH CANTON, Ohio, March 12, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, will participate in the BofA Global Research Global Industrials Conference in London on Tuesday, March 19, 2024.

Key Points: 
  • NORTH CANTON, Ohio, March 12, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, will participate in the BofA Global Research Global Industrials Conference in London on Tuesday, March 19, 2024.
  • Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer.
  • Materials shared during the conference will be available online at http://investors.timken.com .

Timken Named One of World's Most Ethical Companies® by Ethisphere for 13th Time

Retrieved on: 
Monday, March 4, 2024

NORTH CANTON, Ohio, March 4, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has received the 2024 World's Most Ethical Companies® recognition from Ethisphere, a leader in defining and advancing the standards of ethical business practices.

Key Points: 
  • "Ethics and integrity are part of our core values and guide our employees' actions every day," said Richard G. Kyle, Timken president and chief executive officer.
  • "Being recognized once again as one of the World's Most Ethical Companies reinforces our commitment to leading by example as a global corporate citizen.
  • "Congratulations to Timken for its dedication to continually improving its ethics, compliance and governance practices to the benefit of all stakeholders.
  • Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow."

Timken to Participate in the Evercore ISI Industrial Conference

Retrieved on: 
Thursday, February 29, 2024

NORTH CANTON, Ohio, Feb. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, will participate in the Evercore ISI Industrial Conference on March 5, 2024.

Key Points: 
  • NORTH CANTON, Ohio, Feb. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com ), a global leader in engineered bearings and industrial motion products, will participate in the Evercore ISI Industrial Conference on March 5, 2024.
  • Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer.
  • Materials shared during the conference will be available online at http://investors.timken.com .

Riverside Health System and Upfront Healthcare Announce Success of Joint Patient Engagement Program for Total Hip and Knee Replacement Journeys

Retrieved on: 
Wednesday, February 7, 2024

The success of the orthopedic care journey program has resulted in RHS scaling Upfront’s patient engagement technology to Riverside Walter Reed Hospital (RWRH).

Key Points: 
  • The success of the orthopedic care journey program has resulted in RHS scaling Upfront’s patient engagement technology to Riverside Walter Reed Hospital (RWRH).
  • Increased patient engagement – 97.5% platform participation with overall engagement and a click-through rate of 85%.
  • Comprehensive patient education is essential for successful joint replacement surgeries, and is also mandatory for the DNV Advanced Hip and Knee Replacement Certification.
  • “Riverside Health System selected Upfront Healthcare’s patient engagement platform for its ability to develop personalized microsites that win patient loyalty as they are guided on their orthopedic care journey.

American Woodmark Adds Philip Fracassa, Executive Vice President and CFO at Timken, to the Board of Directors

Retrieved on: 
Monday, January 22, 2024

American Woodmark Corporation (NASDAQ: AMWD), a leading supplier of cabinetry to the new construction and remodeling industries, today announced that Philip Fracassa has joined its board of directors.

Key Points: 
  • American Woodmark Corporation (NASDAQ: AMWD), a leading supplier of cabinetry to the new construction and remodeling industries, today announced that Philip Fracassa has joined its board of directors.
  • Mr. Fracassa has served as executive vice president and chief financial officer of The Timken Company (NYSE: TKR), a global leader in engineered bearings and industrial motion products, since 2014.
  • Fracassa joined Timken in 2005 and progressed through several key roles during his tenure, including senior vice president – tax and treasury, senior vice president and group controller, and senior vice president – corporate planning and development.
  • “We are excited to add Phil’s financial management expertise and global manufacturing experience to the American Woodmark Board.

Nordson Corporation Elects Christopher Mapes to its Board of Directors

Retrieved on: 
Tuesday, January 16, 2024

Nordson Corporation (NASDAQ: NDSN) announced the election of Christopher L. Mapes, retired president and chief executive officer of Lincoln Electric Holdings, Inc. (NASDAQ: LECO), to its board of directors, effective today.

Key Points: 
  • Nordson Corporation (NASDAQ: NDSN) announced the election of Christopher L. Mapes, retired president and chief executive officer of Lincoln Electric Holdings, Inc. (NASDAQ: LECO), to its board of directors, effective today.
  • View the full release here: https://www.businesswire.com/news/home/20240115539778/en/
    “We are pleased to welcome Chris to the Company’s board of directors,” said Michael J. Merriman, chairman of Nordson’s board of directors.
  • I look forward to partnering with the board of directors and executive management team, as we continue to strengthen this great company,” said Mr. Mapes.
  • Mr. Mapes’ appointment brings the total number of Nordson directors to nine, following the recent departure of director Mary Puma.