In his position as CEO, Krishna has brought financial growth and successful innovative strategies to propel the 40-year-old national retailer
BURNSVILLE, Minn.–(BUSINESS WIRE)–Suresh Krishna, President, and CEO of family-owned Northern Tool + Equipment, was awarded by New Delhi-based Asian media powerhouse AsiaOne as a �Global Indian of the Year, a celebration of his successful executive career to-date and an acknowledgment of his recent successes charting the course for the 40-year-old national retailer.
With a unique global perspective and decades of experience as a C-suite executive, Krishna has had an executive career working in multiple countries including India, Oman, UAE in the Middle East, Switzerland and now in the U.S. Suresh has progressively led with a customer and innovation first mindset, he places product innovation and customer experience at the forefront of his vision for the company.
With my roots in India, receiving this award means a lot to me both professionally and personally, said Krishna. Working with companies and leading teams all around the world, Ive seen how important it is to prioritize both constant innovation and genuine human connection, which is why we place so much importance on the quality of our customer experience. In such a crowded retail landscape, I really believe those are the two things that clearly set us apart from the rest.
Coming on as CEO and President in April of 2020, Krishna has already overseen a 40 percent increase in revenue and the addition of 1.5 million new customers over the last two years. In recent years, Northern Tool has also beefed up its product inventoryfrom 40,000 items pre-COVID to more than 100,000 currentlyspanning 60 categories that support the pros and serious DIYers who work in construction, landscaping, auto, electrical, welding and more.
Krishna traveled from Minnesota to New Delhi in August to receive the award at AsiaOnes honorary ceremony.
About Suresh Krishna
Suresh Krishna was appointed to the role of President & CEO of Northern Tool + Equipment in April 2020 after having served on the NTE board for five years. As CEO, Suresh is leading and implementing a transformational strategy and culture change, focused on driving growth from within its core and through acquisition of new growth platforms.
Prior to his role as CEO at NTE, Suresh served as the Senior Vice President of Operations and Supply Chain at Sleep Number. Before that, he was at Polaris Industries, where he was part of the executive leadership team and helped the company globalize its operations and sales, first as a Vice President of Operations and Integrations and then as the Vice President of EMEA in Rolle, Switzerland. Earlier in his career Suresh worked at global companies like Booz Allen, Diageo and United Technologies.
Suresh is an expert practitioner of Strategy Deployment, a methodology for strategy development and strategic execution that delivers transformational performance in complex businesses. He holds a BS in Mechanical Engineering from the National Institute of Technology in India and an MBA from Northwestern Universitys Kellogg School of Management. He serves on the Board of Advisors of the University of Minnesotas Carlson School of Management.
About Northern Tool + Equipment
Family-owned Northern Tool + Equipment, based in Burnsville, Minnesota, has been a leading supplier of high-quality tools and equipment for 40 years, providing the right product solutions through direct channels, online and through more than 126 retail locations across 23 states. Along with a deep selection of hand, power and air tools, Northern Tool + Equipment carries a wide variety of products to match every job from DIYers to commercial customers with more than 100,000 tools ready to ship. In addition to its retail on online experience, Northern Tool is also a manufacturer of products through its private label brands of NorthStar, Powerhorse, Ironton, Klutch and more.
Learn more about Northern Tool + Equipment at www.NorthernTool.com and stay connected to Northern Tool through social media:
Contacts
nathan.bowie@onesimpleplan.com
612-677-2240
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