Timken Board Nominates NAM President Jerry Jasinowski; Announces Two Retirements - aftermarketNews

Timken Board Nominates NAM President Jerry Jasinowski; Announces Two Retirements

Jerry Jasinowski, president of the National Association of Manufacturers (NAM), has been nominated for membership on the Timken board of directors. He will stand for election at the annual shareholders' meeting on April 20. Additionally, two current board members have announced their retirements.

CANTON, OH — Jerry Jasinowski, president of the National Association of Manufacturers (NAM), has been nominated for membership on the Timken board of directors. He will stand for election at the annual shareholders’ meeting on April 20.

Jasinowski, a one-time factory worker, joined the U.S. Air Force as an intelligence officer. He went on to become assistant professor of economics at the U.S. Air Force Academy. In the early 1970s, he managed research and legislative affairs for the Joint Economic Committee of Congress. In 1976, he served as director of the Carter Administration’s economic transition team for the departments of Treasury, Commerce, Labor, the Council of Economic Advisors and the Federal Reserve. He later was appointed assistant secretary for policy at the U.S. Department of Commerce.

Jasinowski has been president of NAM, the largest industry trade group in the country, since 1990. “Jerry’s leadership has brought NAM to the forefront on political, economic and manufacturing trends,” said W.R. Timken, Jr., chairman. “We welcome his leadership and insight to our board.”

Additionally, two current board members have announced their retirements.

Stanley Gault, and Martin (Skip) Walker, will retire from the board effective April 20. Gault is retired chairman and CEO of Goodyear Tire and Rubber, and Rubbermaid Inc. Walker is principal of MORWAL Investments in Westlake, Ohio, and retired chairman and CEO of the M.A. Hanna Co.

“Stan and Skip have been with our board through a time of tremendous change, as the company grew, became more global and in 2003 nearly doubled in size,” said Timken. “We will miss their guidance and experience.”

To learn more about Timken, go to: www.timken.com.

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