Timken Board Elects New Director
11/12/2009 - The Timken board of directors has elected John M. Ballbach as a director of the company, for a term that expires at the company’s annual meeting in 2011.
The Timken Co. board of directors has elected John M. Ballbach as a director of the company, for a term that expires at the company’s annual meeting in 2011. The election restores Timken’s board to 12 members.
Ballbach (49) is Chairman, President and CEO of VWR International LLC, a global laboratory supply and distribution company that serves pharmaceutical, biotech, industrial, educational and government organizations. He has served as VWR International’s President and CEO since 2005 and as its Chairman since 2007.
“John’s expertise in supply chain management and distinctive industrial knowledge make him the perfect addition to Timken’s board as we continue to sharpen our focus on growth opportunities in diverse markets with strong aftermarket potential,” said Chairman of the Board Ward J. Timken Jr.
Prior to joining VWR, Ballbach was a private investor and President of Ballbach Consulting. He previously served as President and Chief Operating Officer of Valspar Corp. from 2002 to 2004. During his 14-year career at Valspar, he also served as Senior Vice President, EPS, Color Corporation and operations, and Group Vice President, Packaging.
Ballbach received a Bachelor of Arts degree from Georgetown College and an MBA degree from Harvard Business School.
Timken provides innovative friction management and power transmission products and services. With operations in 26 countries, Timken reported sales of $5.2 billion in 2008.
