0001193125-22-212661.txt : 20220804 0001193125-22-212661.hdr.sgml : 20220804 20220804171154 ACCESSION NUMBER: 0001193125-22-212661 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20220803 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220804 DATE AS OF CHANGE: 20220804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY BLACK & DECKER, INC. CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05224 FILM NUMBER: 221137704 BUSINESS ADDRESS: STREET 1: 1000 STANLEY DR STREET 2: P O BOX 7000 CITY: NEW BRITAIN STATE: CT ZIP: 06053 BUSINESS PHONE: 8602255111 MAIL ADDRESS: STREET 1: 1000 STANLEY DR CITY: NEW BRITAIN STATE: CT ZIP: 06053 FORMER COMPANY: FORMER CONFORMED NAME: STANLEY WORKS DATE OF NAME CHANGE: 19920703 8-K 1 d308154d8k.htm 8-K 8-K
false 0000093556 0000093556 2022-08-03 2022-08-03 0000093556 swk:CommonStock2.50ParValuePerShareMember 2022-08-03 2022-08-03 0000093556 us-gaap:CapitalUnitsMember 2022-08-03 2022-08-03

 

 

 

LOGO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 4, 2022 (August 3, 2022)

 

 

Stanley Black & Decker, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Connecticut   1-5224   06-0548860

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1000 Stanley Drive, New Britain,

Connecticut

  06053
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number including area code: (860) 225-5111

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock - $2.50 Par Value per Share   SWK   New York Stock Exchange
Corporate Units   SWT   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 3, 2022, the Board of Directors (the “Board”) of Stanley Black & Decker, Inc. (the “Company”) elected Robert Manning as a director of the Company. Mr. Manning will serve as a member of the Board’s Corporate Governance Committee and Compensation and Talent Development Committee. Mr. Manning will participate in the compensation program for non-employee directors as described under the heading “Director Compensation” in the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on March 9, 2022.

A copy of the Company’s press release announcing the election of Mr. Manning to the Board is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

 

No.    Document Description
99.1    Press Release dated August 4, 2022.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    STANLEY BLACK & DECKER, INC.
Date: August 4, 2022     By:  

/s/ Janet M. Link

    Name:   Janet M. Link
    Title:   Senior Vice President, General Counsel and Secretary
EX-99.1 2 d308154dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

Robert J. Manning Elected to Stanley Black & Decker Board of Directors

New Britain, Connecticut, August 4, 2022… Stanley Black & Decker (NYSE: SWK) today announced that Robert J. Manning, former Chairman and Chief Executive Officer of MFS Investment Management, has been elected to the company’s Board of Directors.

With more than three decades of financial services experience and leadership, Manning brings a deep understanding of the investor community. Manning also has expertise in building corporate value and evaluating corporate capital allocation, operating systems and environmental, social and governance (ESG) strategies.

“Rob is a highly respected leader in the investment management industry, and his extensive knowledge of financial markets, investor perspectives and sustainable investing will enhance the expertise on our Board,” said Andrea J. Ayers, Stanley Black & Decker Chair. “We look forward to working with Rob as we build on our efforts to maximize long-term value for all of our stakeholders.” In accordance with its ongoing Board succession process, the Company has added five new non-management directors in the last three years.

Robert Manning said, “I am thrilled and honored to join the Stanley Black & Decker Board. Stanley Black & Decker is an iconic American company, and I will work every day to help it succeed in the future.”

Manning retired as Non-Executive Chairman of MFS Investment Management earlier this year after a 37-year career with the company. Under his leadership, MFS evolved into a global investment manager capable of adding value for individual and institutional investors worldwide. He is credited for implementing initiatives which helped the firm weather the global financial crisis of 2008 and positioned MFS for continued success as the firm navigated through the global pandemic.

Manning joined MFS in 1984 as a Fixed Income Research Analyst and held several positions with increasing responsibility within the firm’s Investment division, including Fixed Income Portfolio Manager, Fixed Income Strategist and Director of Fixed Income Research. In 2004, he was named Chief Executive Officer and Chief Investment Officer. Manning added the chair role in 2010 and was named co-CEO in 2015. He had been Executive Chairman since 2017 and Non-Executive Chairman since 2021.


Manning is a graduate of the University of Massachusetts – Lowell and earned an M.S. in Finance from Boston College. He is currently the Chair of the board of trustees for the UMass system.

About Stanley Black & Decker

Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world’s largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company’s more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world’s makers, creators, tradespeople and builders. The company’s iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com

Media Contact:

Debora Raymond

Vice President, Public Relations

Debora.raymond@sbdinc.com

203-640-8054

Investor Contact:

Dennis Lange

Vice President, Investor Relations

Dennis.lange@sbdinc.com

860-827-3833

 

2

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    Document and Entity Information
    Aug. 03, 2022
    Document And Entity Information [Line Items]  
    Amendment Flag false
    Entity Central Index Key 0000093556
    Document Type 8-K
    Document Period End Date Aug. 03, 2022
    Entity Registrant Name Stanley Black & Decker, Inc.
    Entity Incorporation State Country Code CT
    Entity File Number 1-5224
    Entity Tax Identification Number 06-0548860
    Entity Address, Address Line One 1000 Stanley Drive
    Entity Address, City or Town New Britain
    Entity Address, State or Province CT
    Entity Address, Postal Zip Code 06053
    City Area Code (860)
    Local Phone Number 225-5111
    Written Communications false
    Soliciting Material false
    Pre Commencement Tender Offer false
    Pre Commencement Issuer Tender Offer false
    Entity Emerging Growth Company false
    Common Stock 2.50 Par Value Per Share [Member]  
    Document And Entity Information [Line Items]  
    Security 12b Title Common Stock - $2.50 Par Value per Share
    Trading Symbol SWK
    Security Exchange Name NYSE
    Capital Units [Member]  
    Document And Entity Information [Line Items]  
    Security 12b Title Corporate Units
    Trading Symbol SWT
    Security Exchange Name NYSE

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