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Posted May 29, 2024

Milwaukee Tool's Steve Richman Becomes CEO of Techtronic Industries

Company announces new leadership team.


Steve Richman is the new CEO of Techtronic Industries Co.

After 17 remarkable years as President of Milwaukee Tool, Steve 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.

The TTI Group and Milwaukee Tool remains in a strong position to deliver exceptional performance through the leadership of a talented and experienced executive team. Our leadership teams have been together over 16 years, and this will allow for a seamless transition.

Shane Moll
Group President - Power Tools, Equipment, Outdoor Power Equipment, Digital Product, Platform & Product Service
Tim Albrecht
Group President - Hand Tools, Layout, Storage, and PPE
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

Scott Griswold
Group President - Power Tool Accessories, and Outdoor Power AccessoriesResponsibilities 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 innovate and thrive.

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

www.milwaukeetool.com

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