Timken Co. Elects John M. Ballbach As Board Member

Stock quotes in this article: TKR  

CANTON, Ohio (AP) — Timken Co. said Tuesday it elected the chief executive of a laboratory supply company to fill a vacant 12th seat on its board.

The company, which makes bearings for the aerospace, automotive, construction and energy industries, said John M. Ballbach will join the board for a term expiring in 2011.

His election restores the board to 12 members, the company said.

Ballbach, 49, is chairman, president and CEO of VWR International LLC, a global laboratory supply and distribution company serving pharmaceutical, biotech, industrial, educational and government organizations.

Timken shares rose 28 cents to close at $24.44. They have traded between $9.88 and $24.85 in the past year.

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