CANTON,
Ohio, Aug. 2, 2023 /PRNewswire/ -- TimkenSteel
Corp. (NYSE: TMST) – The board of directors of TimkenSteel
Corporation today elected Jamy P.
Rankin, retired president and chief executive officer 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 chief executive officer 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.
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. Her contributions to the automotive
industry have been recognized by On-Wheels magazine, which named
her one of the top women in the field, and she is also the proud
recipient of the National Women of Color Technology award.
ABOUT TIMKENSTEEL CORPORATION
TimkenSteel (NYSE: TMST)
manufactures high-performance carbon and alloy steel products from
recycled scrap metal in Canton,
OH, serving demanding applications in mobile, energy and a
variety of industrial end markets. The company is a premier U.S.
producer of alloy steel bars (up to 16 inches in diameter),
seamless mechanical tubing and manufactured components. In the
business of making high-quality steel for more than 100 years,
TimkenSteel's proven expertise contributes to the performance of
our customers' products. The company employs approximately 1,725
people and had sales of $1.3 billion
in 2022. For more information, please visit us at
www.timkensteel.com.
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SOURCE TimkenSteel Corp.