Timken CEO Tarak Mehta Leaves, Ex-CEO Richard Kyle Succeeds on Interim Basis
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Timken said Monday Chief Executive Tarak B. Mehta is leaving the company, effective immediately. Richard G. Kyle has been named interim president and CEO, the company said, adding Kyle is a member of the board who served as the CEO from 2014 to 2024. Timken said its board has launched a CEO search process. The company's shares were falling over 1% in recent after-hours activity.
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