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Stanley Black & Decker Appoints Christopher Nelson as President and CEO

PUBLIC · SWKJun 30, 2025

Position

President

Company

Stanley Black & Decker

Christopher Nelson

Description

Stanley Black & Decker has announced the appointment of Christopher Nelson as the new President and Chief Executive Officer, effective October 1, 2025. He succeeds Donald Allan, Jr., who will become Executive Chair of the Board. This transition follows a comprehensive succession planning process.

Company Information

Company

Stanley Black & Decker

About

Stanley Black & Decker, Inc., a global provider founded in 1843, specializes in hand tools, power tools, outdoor products, and engineered fastening solutions. With consolidated revenues of $15.1 billion in 2025, the company generates a significant portion of its earnings (62%) from the United States, while also serving European (16%), emerging markets (13%), and Canadian (4%) markets. Recently, Stanley Black & Decker has undergone significant portfolio restructuring through strategic divestitures, including the sale of its Convergent Security Solutions and Oil & Gas businesses, among others, to simplify operations. Additionally, the company executed a Global Cost Reduction Program aimed at achieving $2.0 billion in savings, which was surpassed with $2.1 billion realized by the end of 2025. Driven by a mission to become a world-class industrial company, the company focuses on activating brands with purpose, driving operational excellence, and fostering innovation.

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