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Stanley Black & Decker Names New CEO

Donald Allan, Jr to Succeed James Loree as Chief Executive Officer of Stanley Black & Decker

Stanley Black & Decker Names Donald Allan President And CFO

Stanley Black & Decker Names Donald Allan President And CFO WASHINGTON (dpa-AFX) - Stanley Black & Decker, Inc. (SWK) announced Tuesday that it has named Donald Allan, Jr., President and CFO. In this new role, Allan will continue his focus on driving strategic, long-term profitable growth for the company and take on additional responsibilities to further the company s growth trajectory. He will continue to report to CEO James Loree. Allan will retain his existing responsibilities and will also lead the strategy and implementation of Stanley Black & Decker s operating model and oversight of Outdoor, Asia Tools & Storage and Stanley X. Allan joined the company in 1999 as director of financial planning before being appointed Senior Vice President and CFO in 2008, and later Executive Vice President and CFO.

Stanley Black & Decker promotes Allan to president and CFO

Stanley Black & Decker announced Don Allan Jr., the company s CFO, will now serve as the New Britain toolmaker s president and CFO. In his new role Allan will continue reporting to Stanley CEO Jim Loree and his  focus on strategic growth. He will take on new responsibilities for executing Stanley s growth strategies. Having worked hand-in-hand with Don for more than two decades, I know him to be a values-based, agile and inspiring leader, and this appointment recognizes the expanded responsibilities he has assumed over the last several years, Loree said. Among new items in Allan s portfolio at Stanley are leading the strategy and implementation of Stanley Black & Decker s operating model and overseeing business lines including Outdoor, Asia Tools & Storage and Stanley X Stanley s public face within the innovation community, especially in Silicon Valley.

Stanley Black & Decker Names Don Allan President and CFO

Stanley Black & Decker Names Don Allan President and CFO News provided by Share this article Share this article NEW BRITAIN, Conn., Feb. 23, 2021 /PRNewswire/ Stanley Black & Decker (NYSE: SWK) today announced that it has named Donald Allan, Jr., President and CFO. In this new role, Allan will continue his focus on driving strategic, long-term profitable growth for the company and take on additional responsibilities, such as the execution and advancement of the company s operating model and certain growth initiatives. He will continue to report to Stanley Black & Decker s CEO James M. Loree. Don Allan High Res Having worked hand-in-hand with Don for more than two decades, I know him to be a values-based, agile and inspiring leader, and this appointment recognizes the expanded responsibilities he has assumed over the last several years, said Loree. Don has had a meaningful impact at the company and was a significant contributor to our outstanding performance in 2020. Togeth

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