8-K
STANLEY BLACK & DECKER, INC. (SWK)
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): October 29, 2025
Stanley Black & Decker, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Connecticut | 001-05224 | 06-0548860 |
|---|---|---|
| (State or other jurisdiction<br> <br>of incorporation) | (Commission<br> <br>File Number) | (I.R.S. Employer<br> <br>Identification No.) |
| 1000 Stanley Drive, New Britain,<br> <br>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<br>Symbol(s) | Name of each exchange<br> <br>on which registered |
|---|---|---|
| Common Stock - $2.50 Par Value per Share | SWK | 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 October 29, 2025, Patrick D. Hallinan, the Executive Vice President, Chief Financial Officer of Stanley Black & Decker, Inc. (the “Company”) was appointed as the Company’s Chief Administrative Officer, effective January 1, 2026 (the “Effective Date”). As of the Effective Date, Mr. Hallinan will serve as the Company’s Executive Vice President, Chief Financial Officer & Chief Administrative Officer.
In connection with Mr. Hallinan’s assumption of increased responsibilities, on October 29, 2025, the Compensation and Talent Development Committee of the Company’s Board of Directors (the “Board”) approved the following compensation changes, effective as of the Effective Date, for Mr. Hallinan: (i) a base salary increase of $160,000 to $1,000,000, (ii) a target short-term incentive award opportunity of 110% of base salary (increased from 100% of base salary), and (iii) a $1,100,000 increase in the anticipated value of his total target long-term incentive award for 2026 to $4,750,000.
Additionally, on October 30, 2025, the Board elected Mary A. Laschinger as a director of the Company effective November 1, 2025. Ms. Laschinger will serve as a member of the Board’s Compensation and Talent Development Committee and Finance and Pension Committee. Ms. Laschinger 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 7, 2025.
There was no arrangement or understanding between Ms. Laschinger and any other person pursuant to which Ms. Laschinger was elected as a director of the Company, and she has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
A copy of the Company’s press release announcing the election of Ms. Laschinger 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:
| Exhibit<br> <br>No. | Description |
|---|---|
| 99.1 | Press Release dated October 31, 2025. |
| 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: October 31, 2025 | ||
| By: | /s/ Janet M. Link | |
| Name: | Janet M. Link | |
| Title: | Senior Vice President, General Counsel and Secretary |
EX-99.1
Exhibit 99.1
Mary Laschinger Elected to Stanley Black & Decker Board of Directors
NEW BRITAIN, Conn., Oct. 31, 2025 – Stanley Black & Decker (NYSE: SWK) today announced that Mary Laschinger, former Chair and Chief Executive Officer of Veritiv Corporation, has been elected to the company’s Board of Directors effective November 1, 2025.
Across her more than 30-year career, Laschinger has led global manufacturing and distribution businesses, providing strategic oversight across sales, supply chain, marketing, regulatory affairs and public policy.
“Mary brings extensive global expertise in complex manufacturing operations and product management, coupled with a proven record of driving sustainable business growth and operational excellence,” said Don Allan, Executive Chair of the Board, Stanley Black & Decker. “We are excited to welcome her to the Board, and we are confident that she will bring a valuable perspective that will be instrumental in shaping Stanley Black & Decker’s future and helping us achieve our goals of advancing our long-term growth strategy, extending our industry leadership, and delivering sustained value creation for shareholders.”
Laschinger was previously Chair and Chief Executive Officer of Veritiv Corporation, a leading North American business-to-business packaging and distribution solutions company, from July 2014 until her retirement in September 2020. Before joining Vertiv, Laschinger served as Senior Vice President of International Paper from 2007 to July 2014, and as President of the xpedx distribution business from January 2010 to July 2014, having held roles of increasing responsibility across sales, marketing, manufacturing, and supply chain after joining the company in 1992. Prior to joining International Paper, Laschinger held various positions in sales, marketing, and supply chain at James River Corporation, Kimberly-Clark Corporation, and Shopko Corporation (Department Store).
Laschinger currently serves on the Board of Directors of ITT, a diversified manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial and energy markets; and Kellanova, previously Kellogg Company, a global leader in food manufacturing. Laschinger is also a member of the Executive Advisory Council for Apollo Global Management.
She holds a bachelor’s degree in business from the University of Wisconsin, an MBA from the University of Connecticut, and completed postgraduate studies in executive management at the Kellogg School of Management at Northwestern University.
About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company’s approximately 48,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world’s builders, tradespeople and DIYers. The Company’s world-class portfolio of trusted brands includes DEWALT^®^, CRAFTSMAN^®^, STANLEY^®^, BLACK+DECKER^®^ and Cub Cadet^®^. To learn more, visit www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.
Media Contact:
Debora Raymond
Vice President, Public Relations
debora.raymond@sbdinc.com
203-640-8054