U.S. Bosch Power Tools Announces Appointment of New President

Bosch Power Tools Inc., a subsidiary of the German auto parts supplier Bosch Group, recently announced that Terry Horan will serve as President and CEO of Bosch Power Tools from April 1st to replace Manfred Seitz, who is about to retire.

Seitz joined Bosch in 1977 and has held leadership positions at various Bosch offices around the world. For the past seven years, Seitz has worked at Bosch Power Tools in the US and has led the company to rapid growth.

For the past six years, Terry Horan has been the business executive of Bosch Power Tools Electric Grinding & Polishing Tools, successfully leading the business to double-digit growth and turning a profit.

Terry Horan holds a bachelor's degree in marketing from Northern Illinois University and a master's degree in business administration from Nottdam University. He worked for Bosch Power Tools for 13 years.