other material
confidence high
sentiment neutral
materiality 0.30
Stanley Black & Decker raises compensation for supply chain chief Tamer Abuaita
STANLEY BLACK & DECKER, INC.
- Base salary increased by $85,000 to $750,000 effective July 1, 2024.
- Target short-term incentive award opportunity raised from 85% to 100% of base salary.
- Target long-term incentive award for 2025 increased by $550,000 to $2,250,000.
- Changes approved by Compensation Committee on June 6, 2024 due to increased responsibilities.