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Timken appoints new Chief Financial Officer

Author:   Date:2014/5/10

Timken has announced that PhilipD.Fracassa will take over from GlennA.Eisenberg, to become the company's new Chief Financial Officer, which would leave the company at the end of the first quarter of this year.
After the induction, PhilipD.Fracassa would take over the Timken Company's external reporting, global financial activities, such as fiscal, taxation, financial planning, in addition he is responsible for the IT and business services, and will continue to lead the company's plans to spin off its steel business.
"Through close participation in a range of strategic planning, Philip's leadership in financial and operational capacity has been further strengthened," Timken CEO CEOJamesW.Griffith said: "he was an excellent leader and partner, has a good track record, the future will bring Timken's financial activities very well. ”
Prior to the PhilipD.Fracassa functions in the Timken Senior Vice President for planning and Development Department, he initially joined the Timken in 2005, then fill a number of senior financial leadership positions, including tax, Vice President, Senior Vice President of tax and finance, as well as bearing and power transmission business positions such as Senior Vice President and Chief Financial Officer.

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