CANTON, OH -- The Timken Co. announced that Philip Fracassa has joined the company as vice president - tax. Fracassa will be responsible for the company's global tax reporting, planning and strategy.
"Phil brings a broad range of experience to Timken, including proven success in leading a corporate tax function," said Sallie Bailey, senior vice president - finance and controller. "He is a welcome addition to our leadership team and has a global perspective on tax strategy that will be valuable to Timken as we continue to position the company to grow in key global markets."
Prior to joining Timken, Fracassa was senior tax counsel and director of taxes for Visteon Corp., where he had responsibility for the automotive supplier's global tax function. He began his career with Price Waterhouse LLP in Detroit and also served as a tax attorney with General Motors Corp.
Fracassa received a bachelor's degree in accounting from the University of Detroit and a juris doctor degree from the University of Detroit Mercy School of Law.
He is a certified public accountant and licensed attorney in the state of Michigan. He is a member of the State Bar of Michigan and the Tax Executives Institute.
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