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Stanley Black & Decker Announces Leadership Transition Plan
Prnewswire· 2025-06-30 10:30
Leadership Transition - Stanley Black & Decker has appointed Christopher Nelson as the new President and CEO, effective October 1, 2025, succeeding Donald Allan, Jr. who has been CEO since July 2022 [1][5] - Donald Allan will transition to the role of Executive Chair of the Board, while Andrea Ayers will become Lead Independent Director [2][5] - This leadership change is part of a comprehensive succession planning process undertaken by the Board [1] Executive Background - Christopher Nelson has over 25 years of executive leadership experience and has been with Stanley Black & Decker since 2023 as COO and President of Tools & Outdoor [6] - Prior to joining Stanley Black & Decker, Nelson held leadership roles at Carrier, the U.S. Army, Johnson & Johnson, and McKinsey & Company [6] Company Performance Expectations - Stanley Black & Decker anticipates that its Second Quarter GAAP and Adjusted EPS performance will exceed its 2025 Planning Assumptions from the Q1 2025 earnings call [4][5]
Stanley Black & Decker Announces Release Date for Second Quarter 2025 Earnings
Prnewswire· 2025-06-20 14:00
NEW BRITAIN, Conn., June 20, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) will broadcast its second quarter 2025 earnings webcast on Tuesday, July 29, 2025. The webcast will begin at 8:00AM ET.A news release outlining the financial results will be distributed before the market opens on Tuesday, July 29, 2025. A slide presentation which will accompany the call will be available at www.stanleyblackanddecker.com/investors and will remain available after the call.The call will be available through a ...
DEWALT Awards Scholarships to Fund Trade Education
Prnewswire· 2025-05-28 13:00
The 2025-2026 scholarship recipients represent future tradespeople who will fill critical roles in the industry. The students reside in 24 states and three provinces in Canada and are pursuing 12 different trade careers including electrical, carpentry, construction, HVAC, and welding. "For more than a century, DEWALT has been committed to supporting the trades," said James Oh, President and General Manager of DEWALT. "As the need for skilled labor continues to rise*, we are helping empower the next generati ...
Stanley Black & Decker Announces 2nd Quarter 2025 Dividend
Prnewswire· 2025-04-25 20:15
NEW BRITAIN, Conn., April 25, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK), a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a regular second quarter cash dividend of $0.82 per common share. This extends the Company's record for the longest consecutive annual and quarterly dividend payments among industrial companies listed on the New York Stock Exchange. The dividend is payable on Tuesday, June 17, 2025, to shareholders of record as of the close of bu ...