Snap-On Names 10-Year Company Veteran To President of Sales And Franchising
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New Position Emphasizes Snap-on Tools' Commitment to Franchisees
KENOSHA, Wis. (May 11, 2006) - Snap-on Tools Company has announced that Tom Ward has been named to the new position of president, sales and franchising for the company. Ward will continue as vice president, Snap-on Incorporated.
In his new role, Ward will help lead the execution of the company's strategies to further enhance the franchise business and increase Snap-on Tools' support of its franchisees. He will work closely with the field sales organization to ensure
the success of the company's franchisees.
Ward joined Snap-on in 1996 as vice president of underhood sales. He was then named vice president of national accounts in 1998, and vice president of Snap-on Diagnostics in 2000. He became president of the worldwide Snap-on Diagnostics
organization in 2001. In March of 2005, he was promoted to vice president - Snap-on Incorporated and president - Diagnostics and Information Group where he led a very strong team and drove a culture of innovation that resulted in a series of award-winning products.
Ward holds an MBA from The Kellogg Graduate School of Management at Northwestern University, Evanston, Illinois.
Snap-on Tools Company, LLC is a subsidiary of Snap-on Incorporated, a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users. Product lines include hand and power tools, diagnostics and shop equipment, tool storage products, diagnostics software and other solutions for the transportation service, industrial, government, education, agricultural, and other commercial applications, including construction and electrical. Products are sold through its franchised dealer van, company-direct sales and distributor channels, as well as over the Internet at snapon.com. Founded in 1920, Snap-on is a $2.4 billion, S&P 500 company headquartered in Kenosha, Wis., and employs approximately 11,300 people worldwide.
Snap-on Media Contact:
Rick Secor, Snap-on Tools
262/656-5561
Richard.Secor@snapon.com
