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AI brief of an SEC Form 8-K · Timken (TKR)

Timken Names Michael Discenza Chief Financial Officer, Replacing Philip Fracassa

Neutral Impact 4 of 5 leadership Written later

Timken appointed Michael A. Discenza as Vice President and Chief Financial Officer effective immediately, replacing Philip Fracassa, who will remain with the company until September 5, 2025, to pursue another opportunity. The filing states the departure was not due to any financial or accounting issue or disagreement with the Board or company.

Key points

  • Michael A. Discenza, age 54, was previously Vice President – Finance & Group Controller since October 2022 and has over 25 years with the company.
  • Discenza's base salary is $500,000 per year, with a short-term incentive target of 70% of base salary.
  • Beginning in 2026, his long-term equity incentive target grant value is approximately $1.1 million for the first year.
  • Fracassa remains with the company until September 5, 2025.

The filing

CompanyTimken (TKR)
Form8-K, current report
Filed with the SECAug 15, 2025, 6:46 AM ET
Accession number0000098362-25-000117

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 15, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.