The board of directors of TimkenSteel Corporation elected Jamy P. Rankin, retired president and CEO of Ford Component Sales, LLC, as a new independent director. She joins ten directors currently serving on the TimkenSteel board.
“We are delighted to welcome Jamy to the TimkenSteel board of directors. Her remarkable track record as a visionary leader in the automotive industry and her expertise in strategic planning, marketing, sales and operations make her a valuable addition to our team,” said Ron Rice, chairman of TimkenSteel’s board.
During her tenure as president and CEO of Ford Component Sales, LLC, Rankin played a pivotal role in expanding the company’s market presence and product offerings. Under her leadership, the company experienced substantial growth through collaboration, market penetration, and strategic expansion, TimkenSteel said. She also spearheaded international growth initiatives and effectively managed four operational divisions and supporting functions, including finance, engineering, information technology, and human resources. Prior to her time at Ford, she held influential positions in marketing and sales organizations at Case New Holland and Navistar.
Rankin currently serves on the board of Motorcar Parts of America, a remanufacturer, manufacturer and distributor of automotive aftermarket parts, and Bronner Brothers, Inc., one of the largest private African-American hair and skin care product producers in the United States. Additionally, she was previously a member of The Executive Leadership Council and the National Black MBA Association, where she holds a life membership, and was a long-time member of the board of visitors at the Howard University School of Business.
Rankin holds a bachelor of science degree in industrial engineering from the University of Pittsburgh and a master of business administration degree in marketing and strategy from the University of Chicago. The University of Pittsburgh recognized her accomplishments with the Distinguished Alumni award in 2014, and she currently serves on the board of visitors for the School of Industrial Engineering.
