Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 8, 2021, the Board of Directors (the "Board") of The Timken Company (the "Company") approved an increase in the size of the Board from eleven to twelve members and elected Sarah C. Lauber as a director. Ms. Lauber will begin serving as a director on January 8, 2021 for a term that expires at the 2021 Annual Meeting of Shareholders of the Company and will also serve on the Audit and Compensation Committees of the Board. Ms. Lauber is the Chief Financial Officer & Secretary of Douglas Dynamics, Inc., a premier manufacturer and upfitter of work truck attachments and equipment.

In connection with her appointment and service to the Board, Ms. Lauber will receive the same compensation as all other non-employee directors of the Company as disclosed in the Company's definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission (the "SEC") on March 17, 2020. Ms. Lauber and the Company will also enter into the Company's standard director indemnification agreement, the form of which was previously filed with the SEC as Exhibit 10.1 to the Company's Annual Report on Form 10-K for the year ended December 31, 2019.

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