Draper Tools appoints new CEO

Draper Tools has appointed Matt Sheen as its new chief executive, taking over the roll from Graham Wade who retires after 38 years at the tool firm.

Sheen will now oversee the continuing growth and expansion of the company, having originally begun his career in the tool industry at Draper in the sales team more than 28 years ago.

Since then, Sheen has built up a wealth of industry experience, including most recently as managing director of Metabo and Hikoki.

Originally established in 1919 by Bert Draper, Draper Tools is still family-owned and run today by the third and fourth generation of the Draper family.

The business is currently building a new warehouse at its Hampshire headquarters, while international operations are also expanding with the company now exporting to over 70 countries worldwide.