Timken top leadership to speak at the Canton Regional Chamber's 98th Annual Dinner
CANTON, OH (January 14, 2012) – For one unprecedented evening, Timken Chairman Tim Timken joins President and Chief Executive Officer Jim Griffith to share their story of a company reinvented, with a new business model and fresh capabilities to capitalize on emerging markets and growing industries around the world. [gallery link="file" columns="2" orderby="rand"] The Canton Regional Chamber’s 98th Annual Dinner will be held on Wednesday, Feb. 8, at the Canton Memorial Civic Center, located at 1101 Market Ave. N in downtown Canton. The annual dinner will feature Ward J. Timken, Jr., chairman of the board of directors for The Timken Company, and James W. Griffith, president and CEO for Timken. Few organizations possess the staying power of The Timken Company, with communities, investors, employees and suppliers collectively sharing in achievement, year after year. The company’s success is reflected in its significant diversification, extensive global growth, and value driven to the bottom line, with dividends paid each year and every quarter, from before the Great Depression, to the Great Recession and beyond. It’s also evident in the company’s steadfast investments, focused on a promising future. When it comes to good fortune, Timken is our community’s constant. “This year’s annual dinner provides a rare opportunity for our local business community to gain firsthand perspective about The Timken Company, straight from the source,” said Dennis P. Saunier, Chamber president and CEO. “We’re thrilled to have Tim and Jim joining us for this special evening.” At the Annual Dinner, the gavel will be passed from outgoing Board Chairman George W. Lemon, retired president, Technical Products Group, to the 2012 Board Chairman, Rick L. Haines, president of AultCare. The Chamber will recognize and thank the outgoing board members and usher in new members for an exceptional 98th year. Also during the dinner, the Canton Regional Chamber and ArtsinStark, The County Arts Council, will present the 2012 Business for the Arts Award. The award is recognizes an outstanding business for support and participation in the arts in Stark County, which improves the quality of life and promotes economic development. This year's recipient is Solmet Technologies, Inc. The 98th annual dinner will begin at 5:30 p.m. with a cocktail reception and dinner will be served at 7 p.m. Registrations for the annual dinner can be made online CantonChamber.org or by calling (330) 458-2070. Tickets for the event are $88 for members and $98 for non-members, and tables of eight are available. All registration payments must be received in advance and reservations must be received by Jan. 30. Register now, space is limited. This year’s annual dinner is made possible by our sponsors: Aultman Health Foundation, AultCare, Black McCuskey Souers & Arbaugh, Canton Chair Rental, Chesapeake Energy, Day Ketterer, Ltd., DeHoff Realtors, Diebold, Inc., Fresh Mark, Inc., Huntington Bank, Innis Maggiore, The Karcher Group, Kenan Advantage Group, Kent State University at Stark, KeyBank, Krugliak, Wilkins, Griffiths & Dougherty Co., LPA, Leonard Insurance, Malone University, Mercy Medical Center, The Repository, PNC Bank, Schauer Group, Inc. / Chubb Group, Stark State College, Superior Beverage, The Timken Company, University of Mount Union and Walsh University. About Keynote Speaker Ward J. Timken, Jr., Chairman, The Timken Company Ward J. “Tim” Timken, Jr. is chairman of the board of directors of The Timken Company. He was elected to the board in 2002 and later served as vice chairman prior to being named chairman in 2005. Previously Timken served as president of the company’s Steel Group, leading it to record levels of profitability. In 2000, Timken served as corporate vice president in the Office of the Chairman. Responsible for strategy development, he played a pivotal role in the acquisition and integration of Torrington, the largest acquisition in the company’s history. His other positions at the company included key postings in Europe and Latin America in the 1990s. Timken serves as chairman of the board of Team NEO, an organization that advances Northeast Ohio’s economy by attracting businesses worldwide to the 16-county “Cleveland Plus” region. Timken also serves on the board of directors of Pella Corporation and several other boards, including the American Iron and Steel Institute of which he is past chairman, the National Association of Manufacturers Executive Committee, the Ohio Business Development Council, the Ohio Business Roundtable Executive Committee, the Stark Development Board, Firestone Country Club, the Timken Foundation and the Timken Charitable Trust. He holds a bachelor’s degree in marketing from Georgetown University and a Master of Business Administration from the Darden School at the University of Virginia. About Keynote Speaker James W. Griffith, President & CEO, The Timken Company James W. Griffith is president and chief executive officer of The Timken Company and a member of the company’s board of directors. Since being named president in 1999, Griffith has led a transformation of The Timken Company focused on creating ever-increasing levels of value for customers and shareholders. By harnessing its legendary quality and industry-leading innovation, Timken has pushed beyond its historic leadership in the tapered roller bearing market into a vast global market for technologies to manage the friction generated by moving parts and improve the transmission of power in a wide array of machines. Griffith joined The Timken Company in 1984 and has held positions as plant manager, vice president of manufacturing in North America and managing director of the company’s business in Australia. From 1996 to 1999, he led Timken’s automotive business in North America and the company’s bearing business activities in Asia and Latin America. He was elected president, chief operating officer and director in 1999 and was named chief executive officer in 2002. Griffith is president of the World Bearing Association and chairman of the board of directors of the Manufacturing Advocacy and Growth Network (MAGNET). He is vice president of the Management Executives’ Society and serves on the boards of directors of the US-China Business Council and Goodrich Corporation (NYSE: GR). In September 2011, he began a two-year term as a member of the management board of the Stanford Graduate School of Business. He also serves on the board of the University of Mount Union. Griffith holds a bachelor’s degree in industrial engineering and a Master of Business Administration from Stanford University.