NEW
BRITAIN, Conn., May 2, 2023
/PRNewswire/ -- Stanley Black &
Decker (NYSE: SWK) today announced the appointment of Chris Nelson as Chief Operating Officer of the
company, and Executive Vice President and President of Tools &
Outdoor, effective June 14, 2023.
Nelson joins Stanley Black &
Decker from Carrier Corporation and brings more than 25 years of
leadership experience in general management, product development
and innovation, and growth transformation. Nelson will report to
Donald Allan Jr., President and CEO
of Stanley Black & Decker. He
will assume the role of President, Tools & Outdoor, from
current Acting Co-Presidents Robert
Raff and John Wyatt. Raff
will continue to serve as Chief Commercial Officer, Tools &
Outdoor and Wyatt will become Senior Vice President, Strategy and
Integration.
"Chris is an experienced global leader with exceptional industry
knowledge and existing relationships with many of our customers.
His track record of success implementing growth strategies, which
have delivered customer-centric innovation and profitable market
share expansion, makes him an ideal leader to join Stanley Black & Decker at this point in our
transformation," said Allan. "The Board and I look forward to
partnering with him to streamline and optimize the company around
our core businesses and strong portfolio of global brands as we
execute our strategy and generate sustainable growth. On behalf of
the Board, management team and our employees, I would like to thank
Robert and John for driving significant progress toward our
business transformation in their time as Acting Co-Presidents. We
are happy they both will continue to drive the business forward as
part of our leadership team."
Most recently, Nelson served as President for Carrier's flagship
HVAC segment, where he led the global commercial and residential
product and service portfolio and was responsible for driving
profitable growth across the company's global brands including
Carrier, Toshiba, Riello and Bryant. Nelson led the business with a
focus on innovating products through a global platform approach,
accelerating digital innovation and growing segment market share.
He was also responsible for Carrier's HVAC joint venture
partnerships around the world.
"I'm honored to join Stanley
Black & Decker and its more than 50,000 employees in the
U.S. and around the world. As a global industry leader with its
world-renowned portfolio of global brands, Stanley Black & Decker delivers exceptional
products, breakthrough innovation and best-in-class services to
customers and end users," said Nelson. "I see tremendous
opportunities to help advance the company's transformation to
deliver strong, purpose-driven performance and I'm eager to hit the
ground running in partnership with Don and the leadership
team."
Before joining Carrier, Nelson held leadership roles with the
U.S. Army, Johnson & Johnson and McKinsey & Company. He
holds a bachelor's degree from the University
of Notre Dame and a master's degree in business from
Cornell University.
About Stanley Black &
Decker
Headquartered in the USA, Stanley
Black & Decker (NYSE: SWK) is a worldwide leader in
tools and outdoor operating manufacturing facilities worldwide.
Guided by its purpose – for those who make the world – the
company's more than 50,000 diverse and high-performing employees
produce innovative, award-winning power tools, hand tools, storage,
digital tool solutions, lifestyle products, outdoor products,
engineered fasteners and other industrial equipment to support the
world's makers, creators, tradespeople and builders. The company's
iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®,
CUB CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership
in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force
for good in support of its communities, employees, customers and
other stakeholders. To learn more visit:
www.stanleyblackanddecker.com.
Media Contact:
Debora Raymond
Vice President, Public Relations
Debora.raymond@sbdinc.com
203-640-8054
Investor Contact:
Dennis Lange
Vice President, Investor Relations
Dennis.lange@sbdinc.com
860-827-3833
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SOURCE Stanley Black &
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