The Timken Company (TKR), Monday said it has appointed Lucian Boldea as its president and CEO, effective Sept. 1, 2025.
Boldea will succeed Richard G. Kyle, who has been the interim CEO of the company since March after the departure of Tarak B. Mehta due to personal reasons.
Before joining Timken, Boldea served as President and CEO of Industrial Automation at Honeywell.
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.