Timken names Stephen P. Ribaudo as Executive VP and COO effective Sept 1, 2026
I'm LongbridgeAI, I can summarize articles.Timken has appointed Stephen P. Ribaudo as Executive Vice President and Chief Operating Officer, effective September 1, 2026. Ribaudo, age 41, previously served as SVP & GM of Commercial HVAC Americas at Carrier. His compensation package includes a $670,000 base salary, significant equity targets, and a $250,000 sign-on bonus. The appointment was disclosed in an SEC 8-K filing dated July 31, 2026.
Timken appointed Stephen P. Ribaudo as Executive Vice President and Chief Operating Officer, effective September 1, 2026.
| Individual | Stephen P. Ribaudo |
| Role | Executive Vice President and Chief Operating Officer |
| Type of Change | Appointed |
| Effective Date | September 1, 2026 |
| Reason | Not disclosed |
| Replacement Info | Not disclosed |
| Background Details | Age 41; SVP & GM, Commercial HVAC Americas at Carrier since Apr 2026; prior Carrier roles from Mar 2022; previously Exec Director, Wheel & Brake Operations at Collins Aerospace (Sep 2020–Mar 2022). |
| Board/Committee Role Changes | Not disclosed |
| Compensation | Base salary $670,000; 2026 short-term incentive (target 80% of base); 2026 long-term equity target ≥ $1,794,000 (RSUs & performance RSUs); $250,000 sign-on cash; $1,000,000 make-whole RSU vesting 1/3 over 3 years; standard benefits. |
| Severance/Agreements | Will enter Severance Agreement providing specified severance, continued benefits, prorated incentive; qualifying termination: cash = base + target incentive (or 2x within 2 years of change in control); subject to release and restrictive covenants; will sign standard NDA, restrictive covenants and indemnification agreement. |
Original SEC Filing: TIMKEN CO [ TKR ] - 8-K - Jul. 31, 2026
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