Horst and Stephan Pudwill are growing Techtronic Industries to take on the global giants of the power tools industry with a relentless focus on cordless innovation. As the pandemic unfolded, the news ...

Gross margin improved 14 bps to 39.5% in 2023. This gross margin improvement is highly encouraging given the significant US$987 million inventory reduction versus last year. EBIT was at US$1.1 billion ...

Stephan Pudwill is the vice chairman of Techtronic Industries (TTI), a company that his father cofounded over 30 years ago. The Hong Kong-listed company focuses on manufacturing power tools and ...

TTI is a world leader in cordless technology spanning Power Tools, Outdoor Power Equipment, Floorcare and Cleaning Products for the DIY, consumer, professional, and industrial users in the home, ...

Richman’s promotion follows the retirement of Joe Galli, Jr. During his 18 years of leadership at TTI, Galli played a pivotal role in shaping the company into a global leader in professional and ...