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Snap-on brings auto industry veteran to board

Kenosha, Wis.-based Snap-On, a maker of tools and power equipment, has named James Holden as non-executive chairman of its board of directors.

Holden, 56, is a veteran of the automobile industry, where he worked for 19 years with DaimlerChrysler and its predecessor, Chrysler.

"He brings tremendous automotive and technology experience that will benefit Snap-on as it continues to execute its growth strategies,” said Dudley Lehman, Snap-On director and chair of its corporate governance and nominating committee.

Snap-on had about $2.5 billion in sales last year and makes a broad range of hand tools, power tools, cutting equipment and diagnostic equipment.