Stanley Black & Decker appoints Patrick Hallinan as CFO, effective April 6

STANLEY BLACK & DECKER, INC.

Patrick Hallinan named EVP, CFO, succeeding interim CFO Corbin Walburger; effective April 6, 2023.
Base salary $800k, sign-on bonus $350k (subject to clawback within 2 yrs), RSU grant $2.65M vesting over 3 years.
Annual equity awards for FY2023 and FY2024 valued at $3.65M each, split 50% PSUs, 25% options, 25% RSUs.
Target annual bonus opportunity set at 100% of base salary under MICP for FY2023.
Previously EVP & CFO at Fortune Brands Innovations (FBIN) since July 2017.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change (interim)

Corbin B. Walburger

Interim Chief Financial Officer

SWK · STANLEY BLACK & DECKER, INC.

Effective: 2023-04-06
Successor: Patrick D. Hallinan
Filed: January 23, 2023, 6:59 PM ET

On the Effective Date, Mr. Hallinan will succeed Corbin B. Walburger, the Company’s current Interim Chief Financial Officer, who shall continue in his role as the Company’s Vice President of Business Development following the Effective Date.

Appointed

Patrick D. Hallinan

Executive Vice President, Chief Financial Officer

SWK · STANLEY BLACK & DECKER, INC.

Effective: 2023-04-06
Filed: January 23, 2023, 6:59 PM ET

On January 23, 2023, Stanley Black & Decker, Inc. (the “Company”) announced the appointment by the Board of Directors of Patrick D. Hallinan, 55, as the Company’s Executive Vice President, Chief Financial Officer, to be effective on or about April 6, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Corbin B. Walburger changed role as Interim Chief Financial Officer at STANLEY BLACK & DECKER, INC..

Action: succeeded
Role: Interim Chief Financial Officer

Exact text from the filing

On the Effective Date, Mr. Hallinan will succeed Corbin B. Walburger, the Company’s current Interim Chief Financial Officer, who shall continue in his role as the Company’s Vice President of Business Development following the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Patrick D. Hallinan was appointed as Executive Vice President, Chief Financial Officer at STANLEY BLACK & DECKER, INC..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On January 23, 2023, Stanley Black & Decker, Inc. (the “Company”) announced the appointment by the Board of Directors of Patrick D. Hallinan, 55, as the Company’s Executive Vice President, Chief Financial Officer, to be effective on or about April 6, 2023

View on SEC.gov

STANLEY BLACK & DECKER, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-012686

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