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Stanley Black & Decker Announces Board Leadership Changes and Appoints Shane M. O'Kelly as Director
Prnewswire· 2026-01-26 11:30
Leadership Changes - Effective October 1, 2026, Debra Crew will become Chair of the Board upon the retirement of Donald Allan, Jr., who has served as Executive Chair since stepping down as CEO on October 1, 2025 [1] - Debra Crew will also assume the role of Lead Independent Director immediately, succeeding Andrea Ayers, who will retire from the Board at the annual meeting of shareholders in April after over 11 years of service [2] Board Composition - Debra Crew has been a director at Stanley Black & Decker since December 2013 and has served on the Compensation and Talent Development Committee and the Finance and Pension Committee [3] - Shane M. O'Kelly, President and CEO of Advance Auto Parts, Inc., will join the Board of Directors effective January 23, 2026, bringing expertise in supply chain management and customer-focused strategy [5][6] Executive Background - Debra Crew previously served as CEO of Diageo plc from June 2023 to July 2025 and has held senior executive roles at companies such as Reynolds American, PepsiCo, Kraft Foods, Nestlé S.A., and Mars, Inc. [4] - Shane O'Kelly has been President and CEO of Advance Auto Parts, Inc. since September 2023 and has held leadership positions at HD Supply, PetroChoice Holdings, and A.H. Harris & Sons [6][7] Company Overview - Stanley Black & Decker, founded in 1843 and headquartered in the USA, is a global leader in tools and outdoor products, employing approximately 48,000 people [8]
Jim Cramer Says Stanley Black & Decker’s Deal With Howmet Is “Terrific” for SWK Shareholders
Yahoo Finance· 2025-12-28 16:16
Group 1 - Stanley Black & Decker sold its aerospace manufacturing business to Howmet for $1.8 billion in cash, which is seen as a beneficial deal for shareholders as it helps repair the company's balance sheet [1] - Following the deal, Stanley Black & Decker's stock rallied by 3%, while Howmet's stock increased by $4.68, indicating positive market reactions for both companies [1] - The company has been facing challenges with its free cash flow, which is reportedly "going the wrong way," raising concerns about its dividend sustainability until at least 2027 [2] Group 2 - Stanley Black & Decker's exposure to Chinese manufacturing is a significant risk factor, and the company is currently in a position where it has sufficient coverage but is still facing cash flow issues [2] - The potential for a housing market recovery could benefit Stanley Black & Decker, especially if the Federal Reserve begins to cut rates after controlling inflation [2] - Despite the potential upside, there are suggestions that certain AI stocks may offer better investment opportunities with less downside risk compared to Stanley Black & Decker [2]
Stanley Black & Decker Appoints Agustin Lopez Diaz as Chief Global Supply Chain Officer
Prnewswire· 2025-12-03 14:03
Core Viewpoint - Stanley Black & Decker has appointed Agustin Lopez Diaz as Chief Global Supply Chain Officer, effective December 15, 2025, to enhance its global supply chain strategy and operations [1]. Group 1: Appointment Details - Agustin Lopez Diaz brings over 20 years of experience in manufacturing, P&L, and supply chain leadership, having previously worked at Schneider Electric [1]. - He will report to Chris Nelson, President and CEO of Stanley Black & Decker [1]. Group 2: Responsibilities and Expectations - As Chief Global Supply Chain Officer, Lopez Diaz will lead the end-to-end global supply chain strategy, focusing on growth, innovation, and operational excellence [1]. - His role includes developing a future-ready supply chain aligned with the company's business objectives and growth strategy [1]. Group 3: Previous Experience - Prior to this role, Lopez Diaz served as North America Supply Chain Officer at Schneider Electric, overseeing over 50 manufacturing sites and 13 distribution centers across North America and Central America [1]. - He has held leadership positions in quality, customer satisfaction, and sustainability at various companies, including Faurecia, GE Power, Rockwell, and Vestas [1]. Group 4: Educational Background - Lopez Diaz holds degrees in Mechanical Engineering and Business Administration from Universidad Popular Autónoma del Estado de Puebla (UPAEP) in Mexico, along with a post-graduate program in negotiation from the University of Michigan [1].
Stanley Black & Decker To Present At The 2025 Goldman Sachs Industrials And Materials Conference
Prnewswire· 2025-11-20 14:00
Core Points - Stanley Black & Decker will present at the 2025 Goldman Sachs Industrials and Materials Conference on December 4, 2025, at 11:30 AM ET [1] - The live webcast will be accessible in the "Investors" section of the company's website, with a replay available for 30 days [2] - Founded in 1843, Stanley Black & Decker is a global leader in tools and outdoor products, employing approximately 48,000 people [3] Company Overview - The company produces a wide range of products including power tools, hand tools, storage solutions, digital jobsite solutions, outdoor products, and engineered fasteners [3] - Stanley Black & Decker's portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3] - The company operates manufacturing facilities globally, supporting builders, tradespeople, and DIY enthusiasts [3]
Stanley Black & Decker To Present At Baird's 2025 Global Industrial Conference
Prnewswire· 2025-11-05 14:00
Core Points - Stanley Black & Decker will present at Baird's 2025 Global Industrial Conference on November 12, 2025, at 12:35 PM CT [1] - The live webcast will be accessible in the "Investors" section of the company's website, with a replay available for 30 days [2] - Founded in 1843, Stanley Black & Decker is a global leader in tools and outdoor products, employing approximately 48,000 people [3] Company Overview - The company produces a wide range of products including power tools, hand tools, storage solutions, and outdoor products [3] - Stanley Black & Decker's portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3] - The company operates manufacturing facilities globally, supporting builders, tradespeople, and DIY enthusiasts [3]
Mary Laschinger Elected to Stanley Black & Decker Board of Directors
Prnewswire· 2025-10-31 20:15
Core Insights - Mary Laschinger has been elected to the Board of Directors of Stanley Black & Decker, effective November 1, 2025, bringing over 30 years of experience in global manufacturing and distribution [1][2]. Group 1: Leadership and Experience - Laschinger previously served as Chair and CEO of Veritiv Corporation from July 2014 until her retirement in September 2020, and has held significant roles at International Paper and other companies [3][4]. - She has a strong background in sales, supply chain, marketing, and regulatory affairs, which will contribute to Stanley Black & Decker's strategic goals [3][4]. Group 2: Strategic Goals and Expectations - The Executive Chair of the Board, Don Allan, expressed confidence that Laschinger's expertise will be instrumental in advancing the company's long-term growth strategy and delivering sustained value for shareholders [3]. - Stanley Black & Decker aims to extend its industry leadership and enhance operational excellence through the insights brought by new board members like Laschinger [3]. Group 3: Educational Background - Laschinger holds a bachelor's degree in business from the University of Wisconsin, an MBA from the University of Connecticut, and has completed executive management studies at the Kellogg School of Management [5]. Group 4: Company Overview - Stanley Black & Decker, founded in 1843, is a global leader in tools and outdoor products, employing approximately 48,000 people and producing a wide range of innovative tools and solutions [6]. - The company’s portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [6].
Stanley Black & Decker Announces Release Date for Third Quarter 2025 Earnings
Prnewswire· 2025-09-30 16:30
Core Points - Stanley Black & Decker will broadcast its third quarter 2025 earnings webcast on November 4, 2025, starting at 8:00 AM ET [1] - A news release detailing the financial results will be distributed before the market opens on the same day [2] - The call will be accessible via a live, listen-only webcast or teleconference, with links available on the company's investor website [3] Company Overview - Founded in 1843 and headquartered in the USA, Stanley Black & Decker is a global leader in tools and outdoor products, employing approximately 48,000 people [4] - The company produces a range of innovative products including power tools, hand tools, storage solutions, and outdoor products, under trusted brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [4]
Stanley Black & Decker Appoints Bill Beck President, Tools & Outdoor
Prnewswire· 2025-09-18 13:32
Core Insights - Stanley Black & Decker has appointed Bill Beck as President of Tools & Outdoor, effective October 1, 2025, to enhance brand optimization and strategic growth [1][3] - The Tools & Outdoor segment generated annual revenue of $13.4 billion in 2024, indicating significant market presence [2] Leadership and Experience - Bill Beck has over 25 years of leadership experience in product management and brand marketing, previously serving as Chief Marketing Officer at Elevance Health and holding various roles at Whirlpool Corporation [3] - Chris Nelson, the incoming CEO, emphasized Beck's role in driving sales, organic growth, and operational excellence within the Tools & Outdoor division [3] Company Overview - Stanley Black & Decker, founded in 1843, is a global leader in tools and outdoor products, employing approximately 48,000 people and producing a wide range of innovative tools and solutions [4] - The company’s portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®, which are recognized for quality and innovation [4]
Stanley Black & Decker Announces 3rd Quarter 2025 Dividend
Prnewswire· 2025-07-24 20:10
Core Viewpoint - Stanley Black & Decker has announced a $0.01 increase in its quarterly cash dividend to $0.83 per share, reflecting the company's commitment to enhancing shareholder value and confidence in its long-term growth strategy [1][2]. Company Overview - Founded in 1843 and headquartered in the USA, Stanley Black & Decker is a global leader in Tools and Outdoor products, employing approximately 48,000 people and producing a wide range of innovative tools and solutions for builders, tradespeople, and DIY enthusiasts [2]. Dividend Details - The approved quarterly cash dividend of $0.83 per share will be payable on September 16, 2025, to shareholders of record as of September 2, 2025 [1].
Stanley Black & Decker Announces Release Date for Second Quarter 2025 Earnings
Prnewswire· 2025-06-20 14:00
Core Viewpoint - Stanley Black & Decker will host its second quarter 2025 earnings webcast on July 29, 2025, at 8:00 AM ET, with a news release detailing financial results to be distributed prior to market opening on the same day [1][2]. Company Overview - Stanley Black & Decker, founded in 1843 and headquartered in the USA, is a global leader in tools and outdoor products, employing approximately 48,000 individuals worldwide [3]. - The company produces a range of innovative products including power tools, hand tools, storage solutions, digital jobsite solutions, outdoor products, and engineered fasteners, catering to builders, tradespeople, and DIY enthusiasts [3]. - Its portfolio includes well-known brands such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet® [3].