United States

People: TimkenSteel Corp (TMST.N)

TMST.N on New York Stock Exchange

21 Aug 2019
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Timken, Ward 

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.

Basic Compensation

Total Annual Compensation, USD 886,830
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD --
All Other, USD 3,849,190
Fiscal Year Total, USD 4,736,020

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 57,000 676,590.00