Former EVP Jeffery D. Ansell exits Stanley Black & Decker; unvested equity forfeited

STANLEY BLACK & DECKER, INC.

Jeffery D. Ansell exited Stanley Black & Decker on Feb 4, 2022, after serving as strategic advisor since Jan 1, 2022.
All unvested stock options and awards were forfeited; vested options and RSUs retained per separation agreement.
Entered a two-year non-compete covering 16 named competitors such as Home Depot, Lowe's, Amazon.
Ansell released all claims against the company and agreed to cooperate in future litigation.

item 5.02 item 9.01

Executive movements

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Departed

Jeffery D. Ansell

strategic advisor

SWK · STANLEY BLACK & DECKER, INC.

Effective: 2022-02-04
Filed: February 4, 2022, 6:59 PM ET

Jeffery D. Ansell, who had transitioned from his position as Executive Vice President to the role of strategic advisor to the Company as of January 1, 2022, has exited the Company, effective February 4, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffery D. Ansell departed as strategic advisor at STANLEY BLACK & DECKER, INC..

Action: exited
Role: strategic advisor

Exact text from the filing

Jeffery D. Ansell, who had transitioned from his position as Executive Vice President to the role of strategic advisor to the Company as of January 1, 2022, has exited the Company, effective February 4, 2022.

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STANLEY BLACK & DECKER, INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-028457

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