Kenosha-based Snap-on Inc. announced that Martin Ellen is resigning as the company’s senior vice president of finance chief financial officer to become executive vice president and CFO of Dr. Pepper Snapple Group Inc. Ellen will be succeeded at Snap-on by Aldo Pagliari, who is currently president of Snap-on Equipment, and formerly group controller/director of finance for the Snap-on Commercial and Industrial Group. "Since joining Snap-on in 2002, Marty has made significant contributions to the organization and has been instrumental in driving our operating improvements, building a strong global finance team and leading our financial strategy development and execution," said Nick Pinchuk, Snap-on’s chairman and chief executive officer. "This is an extraordinary opportunity for Marty and we wish him much success. Aldo brings over 30 years of experience in the areas of finance, operations, corporate strategy and business development to his new role as chief financial officer.”
Velvac, Inc., New Berlin, has hired Michael Sand as materials manager, Peter Whitehead as vice president of engineering, Dale Wittlieff as director of quality assurance, and John German as heavy duty aftermarket market manager.
