STANLEY BLACK & DECKER, INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
August 04, 2022 at 05:13 pm EDT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On August 3, 2022, the Board of Directors (the "Board") of Stanley Black &
Decker, Inc. (the "Company") elected Robert Manning as a director of the
Company. Mr. Manning will serve as a member of the Board's Corporate Governance
Committee and Compensation and Talent Development Committee. Mr. Manning will
participate in the compensation program for non-employee directors as described
under the heading "Director Compensation" in the Company's definitive proxy
statement on Schedule 14A, filed with the Securities and Exchange Commission on
March 9, 2022.
A copy of the Company's press release announcing the election of Mr. Manning to
the Board is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
No. Document Description
99.1 Press Release dated August 4, 2022.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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 (71.1%): 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 (16.2%): 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.;
- access and security products (12.7%): automatic doors, door closers, emergency exit devices, locking mechanisms, integrated security devices, etc.
Net sales are distributed geographically as follows: the United States (60.5%), Canada (4.7%), Americas (4.2%), France (4%), Europe (19.2%) and Asia (7.4%).
STANLEY BLACK & DECKER, INC. 
