April 23, 2009 (FinancialWire) — Toolmaker Snap-on Inc.’s (NYSE: SNA) board has elected Nicholas T. Pinchuk, the company’s president and chief executive officer, as its chairman. Pinchuk succeeds Jack D. Michaels, who is leaving Snap-on’s board upon the expiration of his term on April 23.

Pinchuk joined Snap-on in 2002 as senior vice president and president of Snap-on’s worldwide commercial and industrial group. He was named president and chief operating officer in April 2007, when he was also appointed to Snap-on’s board.

In December 2007, Pinchuk was named president and CEO. Prior to joining Snap-on, Pinchuk served in several executive operational and financial management positions at United Technologies. Before United Technologies, he held various financial and engineering positions at the Ford Motor.

Pinchuk is a member of the board of Columbus McKinnon.

Kenosha, Wisconsin-based Snap-on is a manufacturer and marketer of tools, diagnostics and equipment solutions for professional users.

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