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  "documentTitle": "The Timken Company (TKR)",
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  "presentationDate": "2013-03-01 00:00:00",
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      "text": "It is clear to us that the Timken Family’s influence over the Board substantially impairs Timken’s willingness to seriously explore proposals that are in the best interest of unaffiliated shareholders",
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      "text": "The Board refused to declassify the Board following a majority-supported shareholder resolution in 2008; Timken only declassified the Board after three Directors had over 50% of non-affiliated votes withheld the following year",
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      "text": "In 2012 Glass-Lewis gave the company a “D” rating on pay-for-performance and recommended withholding votes from three of the four Director nominees",
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      "text": "The founder’s great-great grandson, “Executive Chairman” Ward Timken Jr., was paid $9.4M in 2011, 4.1x the median compensation for similar “executives”",
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      "text": "History of Poor Corporate Governance",
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