CANTON, Ohio (News/Talk 1480 WHBC) – Ward “Tim” Timken Jr is no longer the CEO at TimkenSteel.
He has stepped down after five years leading the company.
Terry Dunlap has been named the interim CEO, according to TimkenSteel.
Also, John Reilly is the new Chairman of the Board.
The Canton company’s stock has lost over half its value over the last year; it was spun off from the Timken Company in 2014.