The Timken Company has appointed Philip D. Fracassa to senior vice president of planning and development. In this position, Fracassa leads the company in developing enterprise strategy, including identification and evaluation of growth opportunities. He reports to Glenn Eisenberg, executive vice president of finance and administration for Timken.
Fracassa joined Timken in 2005 as vice president of tax. In 2006, he was promoted to senior vice president of tax and treasury. Since 2010, Fracassa has held the position of senior vice president and controller of the company’s Bearings and Power Transmission Group.