The Timken Company (TKR) Thursday said it has appointed Michael A. Discenza as vice president, chief financial officer, effective immediately.
Discenza succeeds Philip D. Fracassa, who is leaving the company to pursue another opportunity.
Discenza has 25 years of experience at Timken in various roles, including the last 10 years as vice president, finance, and group controller.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.