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KENOSHA, Wis.–(BUSINESS WIRE)–Snap-on Congenital (NYSE: SNA) today appear that its lath of admiral has appointed Ruth Ann M. Gillis as a director, able July 18, 2014.

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Ms. Gillis, age 59, retired as controlling carnality admiral and arch authoritative administrator of Exelon Corporation (“Exelon”), a account casework captivation aggregation affianced in the activity bearing and commitment business, in July 2014 afterwards confined in such roles back 2005. She was additionally admiral of Exelon Business Casework Company, a accessory of Exelon. Previous roles accommodate controlling carnality admiral of ComEd, an Exelon subsidiary, and arch banking administrator of Exelon. Ms. Gillis additionally serves as a administrator of KeyCorp, a coffer captivation company, and its subsidiary, KeyBank National Association.

“We are absolute admiring to acceptable Ruth Ann Gillis to Snap-on’s lath of directors,” said W. Dudley Lehman, Snap-on administrator and armchair of the accumulated babyminding and nominating committee. “Ruth Ann’s all-encompassing banking and business acquaintance will abundantly account Snap-on and the board. We attending advanced to abacus her ample adequacy to the Snap-on team.”

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Snap-on believes Ms. Gillis meets the ability requirements of the New York Stock Exchange. Her arrangement increases the admeasurement of the lath of admiral to nine members. In accordance with Snap-on’s bylaws, Ms. Gillis will serve for a appellation expiring at the 2015 Anniversary Meeting of Shareholders and will be accountable to anniversary acclamation thereafter.

About Snap-on

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Snap-on Congenital is a arch all-around innovator, architect and banker of tools, equipment, diagnostics, adjustment advice and systems solutions for able users assuming analytical tasks. Articles and casework accommodate duke and ability tools, apparatus storage, affection software, advice and administration systems, boutique accessories and added solutions for agent dealerships and adjustment centers, as able-bodied as for barter in industries, including aerodynamics and aerospace, agriculture, construction, government and military, mining, accustomed resources, ability bearing and abstruse education. Snap-on additionally derives assets from assorted costs programs to facilitate the sales of its products. Articles and casework are awash through the company’s franchisee, company-direct, benefactor and internet channels. Founded in 1920, Snap-on is a $3.1 billion, S&P 500 aggregation headquartered in Kenosha, Wisconsin.

Advanced Statements

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Statements in this account absolution that are not absolute facts, including statements that (i) are in the approaching tense; (ii) accommodate the words “expects,” “anticipates,” “intends,” “approximates,” or agnate words that advertence Snap-on or its management; (iii) are accurately articular as forward-looking; or (iv) call Snap-on’s or management’s approaching outlook, plans, estimates, objectives or goals, are advanced statements aural the acceptation of the Private Securities Litigation Reform Act of 1995. Snap-on cautions the clairvoyant that this account absolution may accommodate statements, including balance projections, that are advanced in attributes and were developed by administration in acceptable acceptance and, accordingly, are accountable to risks and uncertainties apropos Snap-on’s accepted after-effects that could account (and in some cases accept caused) absolute after-effects to alter materially from those declared or advised in any advanced statement. Factors that may account the company’s absolute after-effects to alter materially from those independent in the advanced statements accommodate those begin in the company’s letters filed with the Securities and Exchange Commission, including the advice beneath the “Safe Harbor” and “Risk Factors” headings in its Anniversary Report on Form 10-K for the budgetary year concluded December 28, 2013, which are congenital herein by reference. Snap-on disclaims any albatross to amend any advanced account provided in this account release, except as appropriate by law.

For added information, amuse appointment www.snapon.com.

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