Snap-on CEO Pinchuk Named As Chairman Of Board
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SNA
KENOSHA, Wis. (AP) — Tool maker Snap-on Inc. of Kenosha says President and Chief Executive Nicholas Pinchuk has been elected chairman of its board of directors.
Pinchuk succeeds Jack D. Michaels, who is leaving the board after his term expired Thursday. Pinchuk joined Snap-on in 2002 as senior vice president and president of its worldwide commercial and industrial group. He was named president and chief executive in December 2007. Snap-on makes hand and power tools and shop equipment. Shares of Snap-on rose $1.65, or 5.2 percent, to close Thursday at $33.40. ___ On the Net: Snap-on Inc.: http://www.snapon.com/- Loading Comments...
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