Richard Kyle Biography and Net Worth

Advisor to the CEO, Member of the Board of Timken

Richard G. Kyle is president, chief executive officer and a board member of The Timken Company.

Since becoming CEO in 2014, Kyle is focused on expanding Timken’s global industrial leadership to drive increased value for all stakeholders. He has led the expansion of the company’s industry-leading portfolio of engineered bearings and power transmission products while diversifying Timken’s geographic and end-market mix. Under Kyle’s leadership, the company has built scale, entered new product lines, expanded globally and diversified its end markets. The result is a stronger, more diverse Timken Company, achieving new levels of financial performance for shareholders.

Previously Kyle served as chief operating officer of Timken’s Bearings and Power Transmission Group. During his tenure, he also led Timken’s Aerospace, Steel and Mobile Industries segments and is credited with leading the repositioning of the Mobile Industries product portfolio, market mix and operating capabilities to significantly improve the company’s financial performance. In addition, Kyle demonstrated his track record for operational excellence while heading up the company’s global bearings operations.

Before joining Timken in 2006, Kyle held management positions with Cooper Industries and Hubbell, Inc. He serves on the board of directors of Sonoco, a global provider of consumer packaging, industrial products, protective solutions and display and packaging services. He is also a member of the board of directors for the National Association of Manufacturers.

Kyle earned a bachelor’s degree in mechanical engineering from Purdue University and a Master of Business Administration degree in management from Northwestern University’s Kellogg Graduate School of Management.

Kyle was elected to the Timken board in 2013.

What is Richard G. Kyle's net worth?: The estimated net worth of Richard G. Kyle is at least $13.93 million as of November 8th, 2024. Mr. Kyle owns 194,485 shares of Timken stock worth more than $13,930,961 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Kyle may own. Additionally, Mr. Kyle receives a salary of $3,540,000.00 as Advisor to the CEO, Member of the Board at Timken. Learn More about Richard G. Kyle's net worth.
How old is Richard G. Kyle?: Mr. Kyle is currently 58 years old. There are 6 older executives and no younger executives at Timken. Learn More on Richard G. Kyle's age.
What is Richard G. Kyle's salary?: As the Advisor to the CEO, Member of the Board of The Timken Company, Mr. Kyle earns $3,540,000.00 per year. Learn More on Richard G. Kyle's salary.
How do I contact Richard G. Kyle?: The corporate mailing address for Mr. Kyle and other Timken executives is 4500 MT. PLEASANT ST. NW, NORTH CANTON OH, 44720. Timken can also be reached via phone at (234) 262-3000 and via email at [email protected]. Learn More on Richard G. Kyle's contact information.
Has Richard G. Kyle been buying or selling shares of Timken?: During the last quarter, Richard G. Kyle has sold $2,297,700.00 of Timken stock. Most recently, Richard G. Kyle sold 30,000 shares of the business's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $76.59, for a transaction totalling $2,297,700.00. Following the completion of the sale, the director now directly owns 194,485 shares of the company's stock, valued at $14,895,606.15. Learn More on Richard G. Kyle's trading history.
Who are Timken's active insiders?: Timken's insider roster includes Christopher Coughlin (EVP), Philip Fracassa (CFO), Richard Kyle (Advisor to the CEO, Member of the Board), Hans Landin (VP), Ronald Myers (EVP), Hansal Patel (VP), Ward Timken, Jr. (Director), and Jacqueline Woods (Director). Learn More on Timken's active insiders.
Are insiders buying or selling shares of Timken?: In the last year, insiders at the industrial products company sold shares 6 times. They sold a total of 149,006 shares worth more than $12,403,935.80. The most recent insider tranaction occured on November, 8th when Director Richard G Kyle sold 30,000 shares worth more than $2,297,700.00. Insiders at Timken own 8.7% of the company. Learn More about insider trades at Timken.
Information on this page was last updated on 11/8/2024.

Richard G. Kyle Insider Trading History at Timken

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/8/2024	Sell	30,000	$76.59	$2,297,700.00	194,485
8/8/2024	Sell	30,000	$80.46	$2,413,800.00	244,485
8/5/2024	Sell	30,000	$80.76	$2,422,800.00	274,485
5/2/2024	Sell	20,000	$89.09	$1,781,800.00	366,799
8/23/2023	Sell	20,000	$75.46	$1,509,200.00	339,082
8/14/2023	Sell	32,379	$76.50	$2,476,993.50	383,082
8/7/2023	Sell	31,933	$80.06	$2,556,555.98	383,082
5/16/2023	Sell	23,232	$73.77	$1,713,824.64	383,082
5/10/2023	Sell	24,851	$73.74	$1,832,512.74	383,082
2/27/2023	Sell	24,841	$85.97	$2,135,580.77	383,082
11/22/2022	Sell	16,650	$74.43	$1,239,259.50	339,843
11/14/2022	Sell	16,676	$74.03	$1,234,524.28	339,843
10/31/2022	Sell	15,873	$70.29	$1,115,713.17	339,843
8/10/2022	Sell	7,478	$67.36	$503,718.08	339,843
5/18/2021	Sell	37,635	$88.96	$3,348,009.60	344,138
5/10/2021	Sell	36,304	$91.52	$3,322,542.08	306,388
5/3/2021	Sell	36,975	$85.14	$3,148,051.50	316,388
4/30/2021	Sell	35,546	$84.27	$2,995,461.42	346,388
2/22/2021	Sell	23,505	$75.08	$1,764,755.40	316,388
2/9/2021	Sell	57,221	$73.84	$4,225,198.64	244,080
11/19/2020	Sell	24,712	$71.45	$1,765,672.40	264,080
8/10/2020	Sell	17,750	$53.73	$953,707.50	249,080
2/10/2020	Sell	28,092	$52.96	$1,487,752.32	173,990
11/12/2019	Sell	14,600	$53.85	$786,210.00	187,190
2/22/2018	Sell	3,084	$46.74	$144,146.16
11/30/2017	Sell	9,242	$49.75	$459,789.50	89,236
5/9/2013	Sell	11,201	$56.20	$629,496.20

Richard G. Kyle Buying and Selling Activity at Timken

Timken Company Overview

The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings. This segment serves wind energy, agriculture, construction, food and beverage, metals and mining, automotive and truck, aerospace, rail, and other industries under the Timken, GGB, and Fafnir brands. Its Industrial Motion segment offers a portfolio of engineered products comprising industrial drives, automatic lubrication systems, linear motion products and systems, chains, belts, seals, couplings, filtration systems, and industrial clutches and brakes. It also provides industrial drivetrain and bearing repairing services. This segment serves a range of industries, such as solar energy, automation, construction, agriculture and turf, passenger rail, marine, aerospace, packaging and logistics, medical, and others under the Philadelphia Gear, Cone Drive, Rollon, Nadella, Groeneveld, BEKA, Diamond, Drives, Timken Belts, Spinea, Des-Case, Lagersmit, Lovejoy, and PT Tech brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

Today's Range

Now: $71.63

$70.20

$72.82

50 Day Range

MA: $78.91

$70.76

$87.24

2 Week Range

Now: $71.63

$70.20

$94.71

Volume

1,409,564 shs

Average Volume

490,756 shs

Market Capitalization

$5.02 billion

P/E Ratio

14.89

Dividend Yield

1.80%

Beta

1.38

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Richard Kyle Biography and Net Worth

What is Richard G. Kyle's net worth?

How old is Richard G. Kyle?

What is Richard G. Kyle's salary?

How do I contact Richard G. Kyle?

Has Richard G. Kyle been buying or selling shares of Timken?

Who are Timken's active insiders?

Are insiders buying or selling shares of Timken?