Stanley Black & Decker announced updates to its Board of Directors, underscoring the Company's ongoing commitment to best-in-class governance and forward-thinking leadership to drive operational excellence across the organization. Effective October 1, 2026, upon the retirement of Donald Allan, Jr. who has served as Executive Chair of the Board since stepping down as CEO on October 1, 2025, Debra Crew, an independent director of Stanley Black & Decker, has been elected by the Company's Board of Directors as Chair of the Board. The election of Crew to become the Chair of the Board upon Allan's retirement is consistent with the Company's previously disclosed intention to return to a non-executive Chair at the completion of Allan's tenure.
In addition, effective immediately, Crew will assume the role of Lead Independent Director, succeeding Andrea Ayers, who currently holds this position. Ayers will continue to serve on the Board as an independent director until her retirement from the Board at the annual meeting of shareholders in April, following more than 11 years of distinguished service. Crew currently serves on the Compensation and Talent Development Committee and the Finance and Pension Committee.
She has served as a Stanley Black & Decker director since December 2013. Most recently, Crew led Diageo plc as Chief Executive Officer and board member from June 2023 to July 2025, following previous roles as Chief Operating Officer and President, North America and Global Supply. Her career also includes senior executive positions at Reynolds American, PepsiCo, Kraft Foods, Nestlé S.A., and Mars, Inc., and she began her professional journey as a captain in the United States Army.
In addition, Stanley Black & Decker announced the appointment of Shane M. O'Kelly, President and Chief Executive Officer of Advance Auto Parts, Inc., to its Board of Directors, effective January 23, 2026. O'Kelly brings a wealth of expertise in driving both organic and inorganic growth, with deep experience in supply chain management, logistics, and distribution across both B2B and B2C sectors. O'Kelly will also serve as a member of the Board's Compensation and Talent Development Committee and the Corporate Governance Committee.
O'Kelly has served as President and CEO of Advance Auto Parts, Inc. since September 2023. Previously, he was CEO of HD Supply, Inc., a subsidiary of The Home Depot, Inc., and served as CEO of PetroChoice Holdings, and A.H. Harris & Sons. O'Kelly began his career as an infantry officer in the U.S. Army, serving for seven years and earning Airborne and Ranger qualifications.
He holds an MBA from Harvard University and a Bachelor of Science in Mathematical Economics from the U.S. Military Academy at West Point.
Stanley Black & Decker, Inc. specializes in the design, manufacturing and marketing of tools and engineering solutions for professional, industrial and construction and consumer use. Net sales break down by family of products as follows:
- electric tools and accessories (87%): tools and electric devices (drills wire, sanders, saws, grinders, batteries, etc.), garden tools (shears, cutting edge, trimmers, aerators , grinders, chainsaws, etc.), vacuum cleaners, lamps, lights, battery chargers, starter batteries, power converters, hand tools (measuring and leveling tools, planes, hammers, knives, blades, screwdrivers, saws, etc.), consumer mechanics tools (wrenches and sockets), plastic tool boxes, pneumatic tools and fasteners (nail guns, staplers, staples, etc.);
- industrial products (13%): professional and automotive mechanics tools (wrenches, sockets, electronic diagnostic tools, etc.), storage systems, plumbing, heating and air conditioning tools (pipe wrenches, pliers, tubing cutters, etc.), hydraulic tools, etc.
Net sales are distributed geographically as follows: the United States (61.6%), Canada (4.5%), the Americas (5.6%), Europe (20.3%) and Asia (8%).
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