Leatherman Tool Group announced the appointment of Benjamin Rivera to president of Leatherman Tool. Rivera will be located at the Portland, Ore. headquarters and report to company CEO, Jake Nichol. Rakesh Sridharan will continue in his role as president of LED LENSER. His appointment will become effective August 1.
Rivera, an engineer, has been with the Tool Group going on 22 years and played a pivotal role in the design and evolution of the category-defining multi-tools. “I have long recognized that Ben’s capabilities extend far beyond his status as the world’s best multi-tool designer,” said company Founder and Chairman Tim Leatherman. “Ben is going to make an outstanding president of Leatherman Tool.”
Rivera’s appointment comes s the company enters new markets, such as Action Sports, and continues to expand its reach into existing ones. Rivera has played a key role in the creation of the company’s New Product Development (NPD) process and will continue to be involved in NPD as well as with the company’s innovation lab, Free Range PDX, which he helped found in 2012.