Big Changes for Draper Tools

FOUNDED over 100 years ago, Draper Tools have been on the forefront of British tool distribution for professional and consumer use. Despite their traditional roots, the company is not afraid of change and 2023 is going to see the company take on a fresh new form of management with new CEO Matt Sheen.

Matt Sheen started his career in the tool industry working on the Draper sales team almost 28 years ago, but he quickly moved up the ranks and even went on to manage companies such as Metabo and Hikoki, so he is no stranger to the industry.

Matt Sheen has returned to where it all started for him as their new CEO at Draper. Sheen had this to say:

“It’s a great honour to be with Draper Tools, and as the new CEO.

Draper is a company which has a great heritage, and a strong team, with investment in additional Key Personnel in recent times, especially since the covid epidemic. The company is still very much family orientated, with them supporting the direction and focus of the business.

2023 looks to be an exciting year for the company, and beyond.”

Matt takes over the role from Graham Wade, who retires after 38 years of service at Draper. Despite the new management, Draper will always remain a family business and in a joint family statement John, Tom and Joe Draper commented: 

“While we are sad to lose Graham, who is like one of the family to us, we are so excited to welcome Matt to the team. We know he’ll be a real asset to the business and look forward to working closely with him as he leads Draper into its next chapter. Recent years have seen a great deal of innovation and modernisation here and we’re not slowing down, with Matt on board we know we’re in a strong position to continue our plans for growth and expansion.”

TOOLKit welcomes Matt to the new role, and we are excited to see what new and exciting ideas he will bring to the game.