Aldo Pagliari to Take Over as Snap-on CFO
In the US, toolmaker Snap-on Incorporated has announced that Martin M. Ellen, senior vice president – finance and chief financial officer, has left Snap-on to become executive vice president and chief financial officer of Dr Pepper Snapple Group, Inc. To allow for an appropriate transition, Ellen will remain as Snap-on’s chief financial officer until 31 March 2010. Effective the same date, Aldo J. Pagliari, currently president – Snap-on Equipment, and formerly group controller/director of finance for the Snap-on Commercial and Industrial Group, will succeed Ellen as Snap-on’s senior vice president – finance and chief financial officer.