Kano Laboratories, a producer of branded penetrating oils and lubricants, on Nov. 21 announced that Mark Klein will take over as President in a planned leadership transition.
Klein, a 20-year veteran in the industrial MRO distribution and retail space, will report directly to the Kano board of directors.
He succeeds Sevan Demirdogen, who will remain with the company as Executive Chairman of the Board. Demirdogen assumed leadership of Kano after Gryphon Investors, a middle market private equity firm, purchased the company in 2020.
Klein previously worked as Co-President of Klein Tools, a privately-owned company that manufacturers premium hand tools.
“Mark brings a wealth of experience and proven results, which will help launch Kano into its next phase of growth,” said Craig Nikrant, Gryphon Operating Partner. “His laser focus on customers and proven results through MRO distribution, retail and innovation gives us great confidence in his leadership and vision for the company, and I’m looking forward to partnering with him.”
Kano Labs was founded in 1939 and is based in Nashville, Tennessee.