Tuesday, Timken Co. (TKR) appointed John Ballbach as a director of the company, for a term that expires at the company's annual meeting in 2011. The election restores Timken's board to 12 members.
Ballbach is chairman, president and chief executive officer of VWR International LLC, where he has served since 2005 as president and chief executive officer and as chairman since 2007. VWR is a global laboratory supply and distribution company that serves pharmaceutical, biotech, industrial, educational and government organizations.
Timken Co., together with its subsidiaries, manufactures engineered anti-friction bearings and assemblies, alloy steels, aerospace power transmission systems, and related products and services worldwide.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.