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United States

TimkenSteel Corp (TMST.N)

TMST.N on New York Stock Exchange

13.41USD
17 Aug 2018
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Summary

Name Age Since Current Position

Ward Timken

50 2014 Chairman of the Board, President, Chief Executive Officer

Christopher Holding

59 2018 Chief Financial Officer, Executive Vice President, Principal Accounting Officer

Frank DiPiero

61 2014 Executive Vice President, General Counsel, Secretary

William Bryan

58 2017 Executive Vice President - Manufacturing, Supply Chain and Information Technology

Thomas Moline

55 2017 Executive Vice President - Commercial Operations

Joseph Carrabba

65 2015 Independent Director

Phillip Cox

70 2015 Independent Director

Diane Creel

69 2014 Independent Director

Terry Dunlap

58 2015 Independent Director

Randall Edwards

58 2014 Independent Director

Donald Misheff

61 2014 Independent Director

John Reilly

74 2015 Independent Director

Ronald Rice

55 2014 Independent Director

Marvin Riley

44 2018 Independent Director

Randall Wotring

61 2014 Independent Director

Biographies

Name Description

Ward Timken

Mr. Ward Jackson Timken, Jr. is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Timken is the Chairman, Chief Executive Officer and President of TimkenSteel Corporation, a role he assumed in connection with the spinoff of TimkenSteel from The Timken Company in June 2014. Prior to being named as TimkenSteel’s Chairman, CEO and President, Mr. Timken served as a Director of The Timken Company beginning in 2002 (a position which he still holds) and as Chairman of the Board of Directors of The Timken Company from 2005 until mid-2014. Previously, Mr. Timken was President of The Timken Company’s steel business from 2004 to 2005 and Corporate Vice President of The Timken Company from 2000 to 2003, and he held key leadership positions in The Timken Company’s European and Latin American businesses from 1992 to 2000. Prior to joining The Timken Company, Mr. Timken opened and managed the Washington, D.C. office of McGough & Associates, a Columbus, Ohio-based government affairs consulting firm. Mr. Timken provides TimkenSteel’s Board of Directors with relevant experience from having served in several key leadership positions during his previous tenure with The Timken Company and as CEO and President of TimkenSteel since the 2014 spinoff of the Company from The Timken Company. As President of the steel business at The Timken Company, Mr. Timken led the business to record levels of profitability, and as Corporate Vice President, he was responsible for strategy development, including leading The Timken Company’s diversification efforts in its Process Industries segment. Mr. Timken’s broad-based experience, along with his deep understanding of the global industry dynamics across TimkenSteel’s markets, allow him to play a key role in all matters involving TimkenSteel’s Board of Directors. Mr. Timken also is a member of the Board of Directors of The Timken Company, where he has served since 2002.

Christopher Holding

Mr. Christopher J. Holding is re designated as Chief Financial Officer, Executive Vice President, Principal Accounting Officer of the Company effective May 31, 2018. He is Executive Vice President and Chief Financial Officer. From 2010 to the spinoff, he served as The Timken Company’s Senior Vice President of Tax and Treasury. Other Timken Company positions included Controller of the Process Industries segment, Industrial Controller and Operations Controller. Mr. Holding earned his bachelor’s and master’s degrees from the University of Cincinnati and is a certified public accountant.

Frank DiPiero

Mr. Frank A. DiPiero is Executive Vice President, General Counsel and Secretary of the Company. Mr. DiPiero is Executive Vice President, General Counsel and Secretary. Mr. DiPiero joined The Timken Company in 2014. Previously, Mr. DiPiero was Associate General Counsel, UTC Aerospace Systems of United Technologies Corporation, a provider of technology products and services to the global aerospace and building systems industries; Vice President, Corporate Secretary and Segment Counsel, Electronic Systems of Goodrich Corporation; and Segment Counsel, Actuation and Landing Systems of Goodrich Corporation. Mr. DiPiero earned his bachelor’s degree from Youngstown State University and a J.D. from The University of Toledo College of Law.

William Bryan

Mr. William P. Bryan is Executive Vice President - Manufacturing, Supply Chain and Information Technology of the Company. Mr. Bryan also leads the TSB Metal Recycling and the TimkenSteel Material Services subsidiaries. In 2017, he assumed responsibility for manufacturing operations in addition to his existing role as Executive Vice President, Supply Chain and Information Technology. Since joining The Timken Company in 1977, Mr. Bryan served in various positions related to supply chain, economics and information technology in both the U.S. and Europe. He holds bachelor's and master's degrees in business administration from Kent State University. Mr. Bryan also completed the Executive Development for Global Excellence (EDGE) program at the University of Virginia's Darden School of Business.

Thomas Moline

Mr. Thomas D. Moline is Executive Vice President - Commercial Operations of the Company. He is is Executive Vice President of Commercial Operations. Prior to assuming his current role in 2017, Mr. Moline served as Executive Vice President of Manufacturing, where he led steel plant operations and a five-year capital investment project that positioned the Company for significant growth. Since joining The Timken Company in 1984, Mr. Moline held a variety of leadership positions, including as an engineer on the team that built the Faircrest Steel Plant. He earned his bachelor’s degree in manufacturing engineering from Miami University in Ohio.

Joseph Carrabba

Mr. Joseph A. Carrabba is Independent Director of the Company. Mr. Carrabba has served, since September 1, 2017, as the President and CEO of Ram River Coal Corporation, a Canadian company holding a 100% interest in property that contains two well-defined metallurgical coal deposits in Alberta, Canada. Mr. Carrabba also presently serves as Chief Executive Officer and President of Irati Energy Corporation, an oil and gas exploration company focused on Southern Brazil oil shale development projects, a position he has held since April 2016. Previously, Mr. Carrabba served as the Chairman, Chief Executive Officer and President of Cliffs Natural Resources Inc., an international mining and natural resources company, from May 2005 until his retirement in November 2013. Prior to joining Cliffs Natural Resources in 2005, Mr. Carrabba served for over 20 years in a variety of leadership capacities at Rio Tinto, a global mining company, at locations worldwide, including the United States, Asia, Australia, Canada and Europe. Having served as Chairman, President and Chief Executive Officer of a large, global, mining and exploration public company (which is a major supplier to many of the world’s largest steel companies), and having served on the Board of the American Iron and Steel Institute from 2006 through 2013 and as its Chairman from 2012 to 2013, Mr. Carrabba has a deep understanding of the global steel industry and the raw material supply chain, and provides the Board with an important perspective regarding TimkenSteel’s business. Mr. Carrabba has been a Director of Newmont Mining Corporation since 2007, a Director of Aecon Group lnc. since 2013, a Director of Niocorp Developments Ltd. since 2014 and a Director and Non-Executive Chairman of Fura Gems Inc. since November 2017. Mr. Carrabba formerly was a Director of Cliffs Natural Resources from 2006 until November 2013, of KeyBank Corporation from 2009 until May 2017, and of Lithium X Energy Corp. from 2015 until July 2017.

Phillip Cox

Mr. Phillip R. Cox is Independent Director of the Company. Mr. Cox has been President and Chief Executive Officer of Cox Financial Corporation, a financial services company that he founded, for over 35 years. Mr. Cox provides guidance to our Board based on his extensive knowledge of finance, investments and capital markets. Mr. Cox brings the perspective of a member of several corporate boards, including as non-executive Chairman of the Board and a member of the Audit and Finance, Governance and Nominating, and Compensation Committees of Cincinnati Bell Inc., and as Chairman of the Compensation Committee and member of the Board Governance Committee of Diebold Nixdorf, Incorporated (previously known as Diebold, Incorporated). As noted, Mr. Cox currently is non-executive Chairman of Cincinnati Bell, where he has served as a Director since 1993. He also has served as a Director of Touchstone Mutual Funds since 1994 and Diebold Nixdorf since 2005. Previously, Mr. Cox served as a Director of The Timken Company from 2004 to 2014.

Diane Creel

Ms. Diane C. Creel Independent Director of the Company. Ms. Creel served as Chairman, Chief Executive Officer and President of Ecovation Inc., a subsidiary of Ecolab Inc., a waste stream technology company using patented technologies, until her retirement in 2008. Prior to Ecovation, Ms. Creel was Chairman, Chief Executive Officer and President of Earth Tech, Inc. from 1992 to 2003. Our Board benefits from Ms. Creel’s deep experience as a senior executive and Board member of several industrial companies. Ms. Creel’s expertise in engineering, construction and green technologies provides a key industry perspective to the Board. She also has experience in mergers and acquisitions, which serves the Board well when evaluating inorganic growth opportunities. Ms. Creel brings the perspective of a member of several boards, including Lead Independent Director as well as Chair of the Nominating and Governance Committee and member of the Personnel and Compensation Committees of Allegheny Technologies Incorporated (ATI), and as a member of the Audit and Risk Management, Compensation and Human Resources and Nominating and Corporate Governance Committees of EnPro Industries, Inc. Ms. Creel has served as a Director of ATI since 1996 and EnPro Industries, Inc. since 2009. Ms. Creel was formerly a Director of Goodrich Corporation until 2012 and of URS Corporation and The Timken Company until 2014.

Terry Dunlap

Mr. Terry L. Dunlap is an Independent Director of the Company. Mr. Dunlap is the principal at Sweetwater LLC, a consulting and investing business with a focus on manufacturing and technology. Previously, Mr. Dunlap spent 31 years with Allegheny Technologies Incorporated (ATI), a diversified specialty metals producer, where he held numerous positions in sales, marketing, manufacturing, supply chain, logistics and information technology. He served as executive vice president of ATI’s flat-rolled products group from 2011 until his retirement in December 2014. He also was president of ATI Allegheny Ludlum from 2002 to 2014 and served on the boards of two ATI joint venture companies. Mr. Dunlap brings to the Board expertise in all aspects of the metals industry, adding further depth to the Board’s already significant understanding of the market and supply chain dynamics that affect the Company’s business. Mr. Dunlap has been a Director of Matthews International Corporation since 2015.

Randall Edwards

Mr. Randall H. Edwards is Independent Director of the Company. Mr. Edwards has been the President and Chief Executive Officer of Premier Pipe, LLC, a leader in the supply and management of engineered premium oil country tubular goods, since 2015. Previously, he served as President and Chief Operating Officer of Premier Pipe from 2014 to 2015. Prior to that, Mr. Edwards held various positions with NOV Grant Prideco, a leading supplier of oil field drill stem components, from 1999 to 2014, including President of NOV Grant Prideco from 2008 to 2014. He began his career at Wilson Supply, where he managed oil country tubular goods and the company’s drill pipe product line. Mr. Edwards brings to the Board expertise in the oil and gas industry, with a deep understanding of that market’s supply chain, including the steel producers supporting it. This expertise, together with his experience overseeing global operations, provides the Board with valuable market and supply chain expertise and enables Mr. Edwards to make significant contributions to the Board.

Donald Misheff

Mr. Donald T. Misheff, CPA, is Independent Director of the Company. Mr. Misheff was managing partner of the Northeast Ohio offices of Ernst & Young LLP, a public accounting firm, from 2003 until his retirement in 2011. He began his career at Ernst & Young in 1978, and has had more than 30 years of experience in taxation and in performing, reviewing and overseeing the audits of financial statements of a wide range of public companies and advising those companies on financial and corporate governance issues. Mr. Misheff’s perspective from service on numerous community boards and other public and private company boards (including Aleris, which is a global company focused on the production and sale of aluminum rolled and extruded products, recycled aluminum and specifications alloy manufacturing), coupled with his extensive financial, tax and corporate governance experience, provides him with the experience and qualifications to make significant contributions to the TimkenSteel Board. Mr. Misheff has been a member of the Board of Directors of FirstEnergy Corp. since 2012 and of Trinseo S.A. since 2015.

John Reilly

Mr. John P. Reilly is Independent Director of the Company. Mr. Reilly served as the Chairman, President and Chief Executive Officer of Figgie International, an international diversified operating company, until 1998. He has more than 30 years of experience in the automotive industry, where he served as President and Chief Executive Officer of several automotive suppliers, including Stant Corporation and Tenneco Automotive. He also held leadership positions at Chrysler Corporation and Navistar International and served as President of Brunswick Corporation. Mr. Reilly brings to our Board the benefits of his extensive automotive industry experience and provides the Board with valuable insight in a significant market for the Company. Based on his 40 years of successful executive leadership with Figgie International, Stant Corporation and Tenneco Automotive, Mr. Reilly also is able to guide the Board in making strategic and business decisions. Mr. Reilly has served as the Company’s Lead Director since the separation of the Company from The Timken Company. Mr. Reilly brings to the Board his perspective and prior experience as non-executive Chairman of another corporate board, as well as his experience as a member of the Audit and Compensation Committees of The Timken Company. Mr. Reilly previously served as a Director of The Timken Company from 2006 to 2016, as a Director and non-executive Chairman of Exide Technologies from 2004 to 2015, and as a Director of Material Sciences Corporation from 2004 to 2014.

Ronald Rice

Mr. Ronald A. Rice Independent Director of the Company. Mr. Rice has been President and Chief Operating Officer of RPM International Inc., which owns subsidiaries that manufacture specialty coatings, sealants and building materials and provide related services for industrial and consumer markets globally, since 2008. Prior to his current role, Mr. Rice held a variety of increasingly responsible positions with RPM from 1995 to 2008. He began his career with The Wyatt Company, an actuarial consulting firm, known today as Willis Towers Watson, in 1985. Mr. Rice brings to the Board expertise in key functional areas at industrial companies, having nearly 30 years of experience in strategy, corporate governance, risk management, administration, employee benefits and executive compensation. This expertise provides the Board with a valuable and unique perspective and enables Mr. Rice to make significant contributions to the Board.

Marvin Riley

Mr. Marvin A. Riley is Independent Director of the Company. Mr. Riley is Chief Operating Officer of EnPro Industries, a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products for use in critical applications in industries worldwide. Prior to serving in his current role as COO at EnPro, Mr. Riley served in various other leadership positions, including as President of its Fairbanks Morse division, focused on marine engines and power generation; Vice President of the company’s manufacturing function; Vice President of Americas; and head of global operations for its GGB Bearing Technology division. Prior to joining EnPro, he served in leadership roles at General Motors Corporation, working within the vehicle manufacturing group. Mr. Riley brings to the Board valuable manufacturing and supply-chain insights from his experience in the automotive, energy and industrial industries adding further depth to the Board’s already significant understanding of the market and supply chain dynamics that affect the Company’s business.

Randall Wotring

Mr. Randall A. Wotring is Independent Director of the Company. Mr. Wotring is Chief Operating Officer of AECOM Technology Corporation, a premier, fully integrated infrastructure and support services firm and the largest engineering design firm in the world, a position he has held since July 2017. Mr. Wotring previously served as President, Technical and Operational Services of AECOM from July 2016 until July 2017, as President, Management Services of AECOM from October 2014 until July 2016, and as Corporate Vice President and President of the Federal Services division of URS Corporation from 2004 until October 2014 when URS was acquired by AECOM. Mr. Wotring is a seasoned executive with more than 30 years of operational experience managing engineering and technical services businesses, much of which involved government and international customers. Mr. Wotring’s understanding of the challenges inherent in global growth, coupled with his experience with mergers and acquisitions, enables him to provide valuable contributions to the Board in connection with the execution of TimkenSteel’s growth strategies.

Basic Compensation

Name Fiscal Year Total

Ward Timken

6,107,900

Christopher Holding

1,147,120

Frank DiPiero

891,336

William Bryan

684,681

Thomas Moline

763,875

Joseph Carrabba

194,037

Phillip Cox

201,537

Diane Creel

204,037

Terry Dunlap

194,037

Randall Edwards

194,037

Donald Misheff

216,537

John Reilly

231,537

Ronald Rice

201,537

Marvin Riley

--

Randall Wotring

201,537
As Of  30 Dec 2017