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We are so excited to announce that after 17 remarkable years as President of Milwaukee Tool, Steven Richman will be stepping into the role of Chief Executive Officer at Techtronic Industries Co. (TTI). During his tenure at Milwaukee®, Richman led a group of exceptional leaders and a talented team that created a culture responsible for transforming the company into the global leader it is today. Under his leadership, Milwaukee Tool has achieved unprecedented heights over the past decade, with double-digit annual revenue growth and a workforce now exceeding 21,000 talented individuals worldwide. Richman’s promotion follows the retirement of Joe Galli, Jr. During his 18 years of visionary leadership at TTI, Galli played a pivotal role in shaping the company into a global leader in professional and consumer power tools. We extend our deepest gratitude to Joe for his incredible contributions and wish him the very best in his retirement. Milwaukee Tool remains in a strong position to deliver exceptional performance through the leadership of a talented and experienced executive team. Responsibilities of Steve’s previous role as Sr. Group President have been re-distributed throughout the executive Management team who will continue to report to Steve. Steve Richman’s appointment as CEO is effective immediately. We are confident that under his leadership at TTI, our company will continue to thrive and innovate. Milwaukee Tool Leadership Team: Shane Moll Group President - Power Tools, Equipment, Outdoor Power Equipment, Digital Product, Platform & Product Service, as well as Finance, IT, Legal & Regulatory Tim Albrecht Group President - Hand Tools, Layout, Storage, and PPE, as well as Brand & Channel Marketing, and Talent & Recruiting. Scott Griswold Group President - Power Tool Accessories, and Outdoor Power Accessories James Wamsley Group President - Manufacturing, Distribution & Service Operations, Supply Chain, Sourcing, Quality, and Environmental, Health & Safety Darrell Hendrix Group President - US & Latin America, Sales, Jobsite Solutions, Customer Service, Team TTI, Recruiting and Training & Development Solutions, Customer Service, Team TTI, Recruiting and Training & Development

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Congratulations, it’s a great company with even better products.

Congratulations to Steve and the entire team! Continued success in your journeys!

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Congratulations, Steve! We wish you continued success in this next chapter!

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Carlos Mateo Ortiz

Electrical Helper 1 en Zachry Group

1mo

Congratulations to all and my prayers for many years of success. God bless you and your families #milwaukeetoolpride

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Jack Bilotta

Plant manager at Milwaukee Electric Tool

1mo

World class group of talented and visionary leaders!

Jeff Muhlenkort

Electrical Technician at Acme Tools

1mo

Congratz on the new position Steven.. It is always nice to see great leadership move up in organizations to continue to make them better for the masses. I continue to see more people come over to "The Red Side". Milwaukee Tool #milwaukee #bleedred #nothingbutheavyduty

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Congrats Steven well deserved. You and your team brought Milwaukee to be a global leader in all categories of tools. Good luck and much success in your new role. Know you have an incredible team behind you! Best of luck!

Steven D. Timm

Maintenance Tech/Real Estate Agent in Madison, WI

1mo

Oh, NICE!!! See!? Mr. Richman is also nothing but Heavy duty!!! Good on you, Mr. Richman!

A hearty Congratulations to you sir. TTl will definitely be soaring to new heights..

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