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Mathias Klein III will retire as chairman of the board of Klein Tools, Lincolnshire, Ill., in June, 2015 but will continue to serve on the company's board of directors. During his 46-year career with Klein Upon his retirement, after 46 years with the company, current president Thomas R. Klein Sr. will succeed him as chairman. Additionally, Mark Klein, V.P. of domestic sales, and Thomas Klein Jr. (Tom Jr.), general manager of heavy infrastructure, will be promoted and serve as co-presidents of Klein Tools effective January 1, 2015.
During Tom Sr.'s tenure...