TKR
Tools & Accessories · Industrials
CEO, Board Member
2025-09-01–present
CEO
Timken Co (TKR)Board Member
Timken Co (TKR)Equibles does not estimate personal net worth.
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Get TKR alertsLucian Boldea is recorded as Board Member at Timken Co (TKR) since September 1, 2025 and CEO at Timken Co (TKR). Timken Co reported in an 8-K filed August 27, 2025 that Lucian Boldea was appointed Director, effective September 1, 2025. Timken Co reported in an 8-K filed August 27, 2025 that Lucian Boldea was appointed President and Chief Executive Officer, effective September 1, 2025. Eastman Chemical Co reported in an 8-K filed September 21, 2022 that Lucian Boldea resigned as Executive Vice President, effective September 30, 2022. The proxy statement of Timken Co reports total compensation of $15,045,651 for Lucian Boldea in fiscal 2025, including a base salary of $366,667. Disclosed compensation is on record for 6 fiscal years. Lucian Boldea has spoken on 3 earnings calls across 1 company, most recently for Timken Co on August 4, 2026. Timken Co is classified in the Tools & Accessories industry within the Industrials sector. Other leadership on record at Timken Co includes Tarak Mehta (CEO and Board Member), Michael A. Discenza (CFO), Stephen P. Ribaudo (COO) and 5 others.
“The size of the Board of the Company will be increased from twelve to thirteen Directors and Mr. Boldea will be appointed a Director effective as of the Appointment Date.”
“On August 22, 2025, Lucian Boldea accepted an offer to become President and Chief Executive Officer (“CEO”) of The Timken Company (the “Company”) effective as of September 1, 2025 (the “Appointment Date”).”
“We appreciate you joining us today to discuss our second quarter results. It was great seeing many of you at our recent Investor Day, where we launched our new Elevate Outperform strategy, as well as our 2028 financial targets.”
“Turning to our results in the fourth quarter, we achieved adjusted earnings per share of $1.14 which exceeded the high end of our guidance range. Total sales in the fourth quarter were up three and a half percent from last year.”
“I'm excited to lead Timken into the future, and I strongly believe there is an opportunity here to create significant value for shareholders. Since this is my first earnings call, I would like to thank Rich Kyle for his leadership as CEO, along with members of the Timken Board for their support.”
2025-09-01–present
Proxy statement
Start not stated–2022-09-30
TKR
Tools & Accessories · Industrials
CEO, Board Member
2025-09-01–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Timken Co (TKR) | President & CEO | $366,667 | $15,045,651 |
| 2021 | Eastman Chemical Co (EMN) | Executive Vice President, Additives & Functional Products and Chemical Intermediates | $670,062 | $4,974,790 |
| 2020 | Eastman Chemical Co (EMN) | Executive Vice President, Additives & Functional Products and Chemical Intermediates | $632,003 | $3,861,604 |
| 2019 | Eastman Chemical Co (EMN) | Executive Vice President, Additives & Functional Products and Chemical Intermediates | $629,550 | $3,977,493 |
| 2018 | Eastman Chemical Co (EMN) | Executive Vice President, Additives & Functional Products and Chemical Intermediates | $560,094 | $4,944,884 |
| 2017 | Eastman Chemical Co (EMN) | Executive Vice President, Additives & Functional Products and Chemical Intermediates | $522,729 | $2,729,591 |