Tag: Stanley Black & Decker

Stanley Black & Decker appoints Chris Nelson as COO and EVP and President of Tools & Outdoor

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Stanley Black & Decker 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…

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Stanley Black & Decker to sell security business for $3.2 bn to Securitas

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Stanley Black & Decker announced it has signed a definitive agreement for the sale of most of its Security assets to Securitas AB for $3.2 billion. The proposed transaction includes Stanley Black & Decker’s Commercial Electronic and Healthcare Security business lines (Security). Net proceeds from the sale are expected to be used to fund, in part, an approximately $4 billion share repurchase…

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