# Steven Richman

> Steven Philip Richman is chief executive officer and a group executive director of Techtronic Industries, the parent of Milwaukee Tool and Ryobi. He became CEO in May 2024 after more than 17 years leading Milwaukee Tool, following earlier leadership roles at Black & Decker, SKIL, Bosch Power Tools and Werner. His public interviews focus on professional users, engineering investment, distribution relationships and employee responsibility.

- **Role:** Chief Executive Officer and Group Executive Director at Techtronic Industries
- **Organizations:** Techtronic Industries, Milwaukee Tool, Traeger, Inc., Werner Co., Bosch Power Tools, SKIL, Black & Decker
- **Education:** Bachelor of Arts in Political Science, with a focus on business, University of California, Los Angeles
- **Known for:** Led Milwaukee Tool for more than 17 years during a period of double-digit compounded annual revenue growth., Named 2021 Executive of the Year by the Milwaukee Business Journal., Promoted from Milwaukee leadership to TTI chief executive in May 2024.

## Career timeline

- **1982** — Started his career at Black & Decker.
- **1998-2004** — Served as president of SKIL and Bosch Power Tools.
- **2005-2007** — Served as chief executive officer of Werner Co.
- **2007-01** — Appointed president of Milwaukee Tool.
- **2021** — Named Executive of the Year by the Milwaukee Business Journal.
- **2022-10** — Joined the board of Traeger, Inc.
- **2024-01** — Promoted to senior group president at TTI.
- **2024-05-21** — Became chief executive officer of TTI.
- **2024-08-06** — Appointed an executive director of TTI.
- **2026-06-09** — Re-elected to Traeger’s board for a term through the 2029 annual meeting.

## Achievements

- Led Milwaukee Tool for more than 17 years during a period of double-digit compounded annual revenue growth.
- Named 2021 Executive of the Year by the Milwaukee Business Journal.
- Promoted from Milwaukee leadership to TTI chief executive in May 2024.

## Latest updates

- **2026-08** — TTI released first-half 2026 results: revenue of US$8.292 billion and profit attributable to owners of US$738 million.
- **2026-06** — Traeger shareholders re-elected Richman as a Class II director through the 2029 annual meeting.
- **2026-03** — Richman’s 2025 CEO message accompanied TTI’s US$15.260 billion annual revenue results.

## Links

- Website: https://www.ttigroup.com
- LinkedIn: https://www.linkedin.com/in/steven-richman-b339723

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Profile page: https://yespress.io/steven-richman
Published by YesPress — https://yespress.io
Last updated: 2026-10-21