By The Associated Press
Tuesday, November 10, 2009
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.
