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TTI to name new CEO in January

Techtronic Industries (TTI), maker of the Ryobi, Ridgid and Milwaukee brands of power tools, is set to name Joseph Galli Jr. as CEO in January 2008, the company said.

Galli is credited with developing Black & Decker’s DeWalt brand of professional power tools. His appointment comes shortly after a non-competitive agreement expired in November of this year.

Galli was fired from Black & Decker nine years ago. He could not be reached for comment for this article, but he told the Baltimore Sun newspaper that he sees poetic justice in the appointment to the top spot at TTI, a chief competitor of Black & Decker.