---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-164538"
form_type: "8-K"
ticker: "SWK"
cik: "0000093556"
company_name: "STANLEY BLACK & DECKER, INC."
filed_at: "2022-06-01T23:59:59+00:00"
generated_at: "2026-06-25T05:43:18.964733+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stanley Black & Decker names Donald Allan Jr. as CEO effective July 1, 2022; reaffirms FY2022 outlook

## Summary
- Donald Allan Jr., currently President and CFO, appointed CEO effective July 1, 2022, succeeding James Loree.
- Corbin Walburger named Interim CFO; Heidrick & Struggles searching for permanent CFO.
- Allan receives base salary of $1.25M, promotion LTI grant of $3.6M, and FY2022 target LTI of $6.75M.
- Company reaffirms FY2022 GAAP EPS guidance of $7.20-$8.30; adjusted EPS $9.50-$10.50; FCF $1.0-$1.5B.
- Plan to rebalance $200-$250M of annualized investments to fund growth and supply chain productivity.

## SEC filing metadata
- accession: 0001193125-22-164538
- form_type: 8-K
- ticker: SWK
- cik: 0000093556
- company_name: STANLEY BLACK & DECKER, INC.
- filed_at: 2022-06-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93556/000119312522164538/0001193125-22-164538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93556/000119312522164538/d265741d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-164538
- JSON: https://secwatch.observer/filing/0001193125-22-164538.json
- Plain text: https://secwatch.observer/filing/0001193125-22-164538.txt

## Key facts
- Executive change
  James M. Loree resigned as Chief Executive Officer at STANLEY BLACK & DECKER, INC..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: He will succeed James M. Loree, who has served as Chief Executive Officer since 2016. Mr. Loree also will resign from the Board of Directors of the Company, effective July 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93556/000119312522164538/0001193125-22-164538-index.htm
- Executive change
  Donald Allan Jr. was appointed as Chief Executive Officer at STANLEY BLACK & DECKER, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board of Directors of Stanley Black & Decker, Inc. (the “Company”) appointed Donald Allan, Jr., 58, currently President and Chief Financial Officer, its next Chief Executive Officer, effective July 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93556/000119312522164538/0001193125-22-164538-index.htm
- Executive change
  Corbin Walburger was appointed as Interim Chief Financial Officer at STANLEY BLACK & DECKER, INC..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: the Board also appointed Corbin Walburger, 51, currently Vice President of Corporate Business Development, to serve as Interim Chief Financial Officer, effective July 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93556/000119312522164538/0001193125-22-164538-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.