July 11, 2016 – Knipex Tools has appointed Todd Shumate president after Alan Sipe announced his retirement.

Sipe served as president and general manager of the North American sales and marketing organization, Knipex-Werk, since it was established in 2005.

Shumate joined Knipex Tools in 2008 as sales manager and was promoted to vice-president of sales and then executive VP.