Apex Tool Group Taps Former STIHL and Stanley B&D Leader as CEO - Modern Distribution Management

Apex Tool Group Taps Former STIHL and Stanley B&D Leader as CEO

Apex Tool Group named Chris Keffer — most recently President and CEO of STIHL Inc. — as its new CEO, succeeding Jim Roberts after a decade in the role.
background of metal diamond plate

Apex Tool Group — a Charlotte, NC-based manufacturer of professional hand and power tools — announced June 1 that Chris Keffer has been appointed Chief Executive Officer and a member of the company’s Board of Directors. Keffer succeeds Jim Roberts, who had served as CEO since 2016.

Keffer

Keffer most recently was President and CEO of STIHL Inc., where he led the brand’s strategic direction, commercial leadership and P&L responsibility across North America. Apex said STIHL Inc. has more than $2.5 billion in revenue and about 2,700 employees in the region.

At STIHL, Keffer oversaw expansion of the company’s e-commerce platform and go-to-market channels with independent servicing dealers, while delivering above-market growth over the past three years in categories including handheld outdoor equipment, mowers and aftermarket products.

Before joining STIHL, Keffer spent 27 years at Stanley Black & Decker in senior roles across global brand development, product innovation and commercial leadership in the company’s Power Tools and Power Tools Accessories divisions. He also serves as an independent director of Trex Company and previously held board-level experience with the Outdoor Power Equipment Institute.

“Apex Tool Group has built an outstanding portfolio of trusted brands with deep customer relationships and an unwavering reputation for quality and performance,” Keffer said in the announcement. “I am honored to join the Company and excited to partner with the Board and the talented ATG team to accelerate growth, strengthen our market position, invest in innovation and continue delivering differentiated solutions for customers around the world.”

Apex’s brand portfolio includes GEARWRENCH, Crescent, SATA, Cleco, Weller and APEX. The company serves markets including industrial, hardware, aerospace, motor vehicles, electronics, energy and consumer retail.

Alongside Keffer’s appointment, Apex said board member Robert Raff will move into the newly-created role of Non-Executive Vice Chairman, working with Keffer and the management team on strategy and execution. Raff previously spent more than 30 years at Stanley Black & Decker, most recently as Chief Commercial Officer and Chief Marketing Officer for Stanley Tools & Outdoor.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

This field is for validation purposes and should be left unchanged.
Name(Required)

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!