Item 3. Legal Proceedings
Item 3. Legal Proceedings
The Company is involved in various claims and legal actions arising in the ordinary course of business. SEC regulations require us to disclose certain information about legal proceedings when a governmental authority is a party to the proceedings if we reasonably believe that such proceedings may result in monetary sanctions above a stated threshold. Pursuant to such regulations, the Company uses a threshold of $1 million or more for purposes of determining whether disclosure of any such proceedings is required. We believe matters under this threshold are not material to the Company. In the opinion of management, the ultimate disposition of open proceedings as of December 31, 2025 will not have a material adverse effect on the Company’s consolidated financial position or annual results of operations.
Item 4. Mine Safety Disclosures
Not applicable.
Item 4A. Information about our Executive Officers
The executive officers are elected by the Board of Directors normally for a term of one year and until the election of their successors. All executive officers, except Lucian Boldea, have been employed by Timken or by a subsidiary of the Company during the past five-year period. Mr. Boldea joined the Company on September 1, 2025. The executive officers of the Company as of February 13, 2026 are as follows:
Name Age Current Position and Previous Positions During Last Five Years
Lucian Boldea 54 2025 President and Chief Executive Officer
2024 President and Chief Executive Officer, Industrial Automation – Honeywell International Inc. (an integrated operating company serving a broad range of industries and technologies)
2022 President and Chief Executive Officer, Performance Materials and Technologies – Honeywell International Inc.
2020 Executive Vice President, Additives & Functional Products and Chemical Intermediates – Eastman Chemical Company (a global specialty materials company)
Michael A. Discenza 54 2025 Vice President and Chief Financial Officer
2022 Vice President, Finance & Group Controller
2020 Vice President, Controller
Timothy A. Graham 56 2025 President, Industrial Motion
2022 Vice President, Operations & Engineered Bearings
2021 Vice President, Bearing Operations
2020 Vice President, North American Bearing Operations & Supply Chain
Hansal N. Patel 45 2024 Executive Vice President, General Counsel and Secretary
2019 Vice President, General Counsel and Secretary
Natasha Pollock 51 2024 Vice President, Chief Human Resources Officer
2021 Vice President, Human Resources
2020 Director – Human Resources
Andreas Roellgen 58 2022 Executive Vice President and President of Engineered Bearings
2016 Vice President – Europe, Asia and Africa
John R. Szarka 44 2025 Chief Technology Officer
2023 Vice President, Product Management – Engineered Bearings
2020 Director, Product Pipelines – Bearings
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Table of Contents
PART II.