{"id":441678,"date":"2021-02-23T07:33:46","date_gmt":"2021-02-23T12:33:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441678"},"modified":"2021-02-23T07:33:46","modified_gmt":"2021-02-23T12:33:46","slug":"stanley-black-decker-names-don-allan-president-and-cfo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-names-don-allan-president-and-cfo\/","title":{"rendered":"Stanley Black & Decker Names Don Allan President and CFO"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW BRITAIN, Conn.<\/span>, Feb. 23, 2021<\/span> \/PRNewswire\/ — Stanley Black<\/span> & Decker (NYSE: SWK) today announced that it has named Donald Allan, Jr.<\/span>, 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<\/span> & Decker’s CEO James M. Loree<\/span>.<\/p>\n

\n

\n
\n \"Don
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“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. Together, with our deep bench of senior executives and teams around the globe, we have built Stanley Black<\/span> & Decker into a world-class company focused on purpose, innovation and social responsibility, and we are well-positioned for the next period of growth.”<\/p>\n

In his new role, Allan will expand his responsibilities to further the company’s growth trajectory, including leading the strategy and implementation of Stanley Black<\/span> & Decker’s operating model and oversight of Outdoor, Asia Tools<\/span> & Storage and Stanley X. He<\/span> will retain his existing responsibilities, including Finance, STANLEY Security<\/span>, Information Technology, Margin Resiliency, Industry 4.0 and Advanced Analytics, as well as shared oversight of Global Operations and Supply Chain. <\/p>\n

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. He has been instrumental in driving the company’s transformation strategy to a global diversified industrial with revenues\u00a0approaching $15 billion<\/span> in 2020. Before joining The Stanley Works, Allan held global financial management positions with Loctite Corporation, and spent nine years with Ernst & Young, predominately as part of the audit team. <\/p>\n

Allan is Lead Director at Anderson Corporation and is Chairman of the Board for United Way of Central and Northeastern Connecticut<\/span>. He also serves on the boards of several non-profits, including Junior Achievement of Southwest New England, Boy Scouts Connecticut Rivers Council, The University of Hartford’s<\/span>Barney School<\/span> of Business and Hartford Stage. Allan earned his bachelor’s in accounting from the University of Hartford<\/span> and is a CPA.<\/p>\n

\n
\n About Stanley Black<\/span> & Decker
<\/u>
\n <\/b>Stanley Black\u00a0& Decker is a purpose-driven,\u00a0$14.5 billion\u00a0revenue industrial organization.\u00a0Stanley Black & Decker has 53,000 employees in more than 60 countries and operates the world’s largest tools and storage business, the world’s second-largest commercial electronic security services company, a leading engineered fastening business as well as Oil & Gas and Infrastructure businesses. The company’s iconic brands include BLACK+DECKER, Bostitch, CRAFTSMAN, DEWALT, FACOM, IRWIN, LENOX,\u00a0Porter Cable\u00a0and STANLEY.\u00a0Stanley Black\u00a0& Decker is a company for the makers and innovators, the craftsmen and the caregivers, and those doing the hard work to make the world a better place. Learn more at\u00a0www.stanleyblackanddecker.com<\/a>.<\/p>\n

\n
\n Media Contacts:
<\/u>
\n <\/b>
\n Shannon Lapierre<\/span>
\n
Chief Communications Officer
shannon.lapierre@sbdinc.com<\/a>
860-259-7669<\/p>\n

\n Debora Raymond<\/span>
\n
Vice President, Public Relations
debora.raymond@sbdinc.com<\/a>\u00a0<\/p>\n

\n Investor Relations Contacts<\/b>:
Dennis Lange<\/span>
Vice President, Investor Relations
dennis.lange@sbdinc.com<\/a>
860-827-3833<\/p>\n

\n Cort Kaufman<\/span>
\n
Director, Investor Relations
cort.kaufman@sbdinc.com<\/a>
860-515-2741<\/p>\n

\n

\n
\n \"Stanley
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/stanley-black–decker-names-don-allan-president-and-cfo-301232845.html<\/a><\/p>\n

SOURCE Stanley Black<\/span> & Decker<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire 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. “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 … <\/p>\n

Continue reading “Stanley Black & Decker Names Don Allan President and CFO”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-441678","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nStanley Black & Decker Names Don Allan President and CFO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-names-don-allan-president-and-cfo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stanley Black & Decker Names Don Allan President and CFO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire 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. “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 … Continue reading "Stanley Black & Decker Names Don Allan President and CFO"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stanley-black-decker-names-don-allan-president-and-cfo\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-23T12:33:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1442270\/Don_Allan.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-names-don-allan-president-and-cfo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-names-don-allan-president-and-cfo\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Stanley Black & Decker Names Don Allan President and CFO\",\"datePublished\":\"2021-02-23T12:33:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-names-don-allan-president-and-cfo\\\/\"},\"wordCount\":574,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-names-don-allan-president-and-cfo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1442270\\\/Don_Allan.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-names-don-allan-president-and-cfo\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stanley-black-decker-names-don-allan-president-and-cfo\\\/\",\"name\":\"Stanley Black & Decker Names Don Allan President and CFO - 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