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8-KThe WireRed Alert

Executive Change

Filed Jul 19, 2018 · 8y ago · Accession 0001193125-18-220944

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 19, 2018 The Timken Company (Exact name of registrant as specified in its charter) Ohio 001-01169 34-0577130 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 4500 Mt. Pleasant St. NW, North Canton, Ohio 44720-5450 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (234) 262-3000 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective July 19, 2018, Carolyn E. Cheverine ceased serving as Executive Vice President, General Counsel and Secretary of The Timken Company (the “ Company ”). Ms. Cheverine’s employment with the Company also terminated on such date (the “ Separation Date ”). Upon Ms. Cheverine’s termination of employment, she is, in general, entitled to the compensation and benefits provided for an involuntary termination without cause under the terms of her outstanding deferred share, stock option, time-based restricted stock unit and performance-based restricted stock unit awards and her Severance Agreement with the Company, as previously disclosed, generally subject in certain cases to her timely execution and delivery to the Company (and non-revocation) of a customary release of claims within 50 days following the Separation Date. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. THE TIMKEN COMPANY Date: July 19, 2018 By: /s/ Richard G. Kyle Richard G. Kyle President and Chief Executive Officer
Filing details
Company
TIMKEN CO
Ticker
TKR
CIK
98362
Form type
8-K
Filing date
Jul 19, 2018
Report date
Jul 19, 2018
Document
d560636d8k.htm
Size
13 KB