Stanley Black & Decker Announces Executive Leadership Changes
Ticker: SWK · Form: 8-K · Filed: 2024-10-23T00:00:00.000Z
Sentiment: neutral
Topics: executive-change, legal, governance
Related Tickers: SWK
TL;DR
Scharfenberger out, D'Amico in as General Counsel at Stanley Black & Decker.
AI Summary
Stanley Black & Decker, Inc. announced on October 21, 2024, changes in its executive team. Effective October 22, 2024, Michael J. Scharfenberger will step down as Senior Vice President, General Counsel, and Corporate Secretary. He will be succeeded by Tara L. D’Amico, who will assume the role of Senior Vice President, General Counsel, and Corporate Secretary.
Why It Matters
This filing indicates a transition in key legal and corporate governance roles, which could impact the company's strategic direction and regulatory compliance.
Risk Assessment
Risk Level: low — This is a routine executive transition and does not immediately suggest significant financial or operational risks.
Key Players & Entities
- Stanley Black & Decker, Inc. (company) — Registrant
- Michael J. Scharfenberger (person) — Outgoing Senior Vice President, General Counsel, and Corporate Secretary
- Tara L. D’Amico (person) — Incoming Senior Vice President, General Counsel, and Corporate Secretary
- October 21, 2024 (date) — Date of Report
- October 22, 2024 (date) — Effective date of leadership change
FAQ
Who is the new Senior Vice President, General Counsel, and Corporate Secretary at Stanley Black & Decker?
Tara L. D’Amico will assume the role of Senior Vice President, General Counsel, and Corporate Secretary, effective October 22, 2024.
When did the reported leadership changes take effect?
The changes were effective as of October 22, 2024.
Who is stepping down from their role as Senior Vice President, General Counsel, and Corporate Secretary?
Michael J. Scharfenberger is stepping down from his role as Senior Vice President, General Counsel, and Corporate Secretary.
What is the filing date for this 8-K report?
The filing date for this 8-K report is October 23, 2024, with the earliest event reported on October 21, 2024.
What is the primary business of Stanley Black & Decker, Inc. according to the filing?
Stanley Black & Decker, Inc. is in the CUTLERY, HANDTOOLS & GENERAL HARDWARE industry (SIC code 3420).
From the Filing
0001193125-24-241178.txt : 20241023 0001193125-24-241178.hdr.sgml : 20241023 20241022174600 ACCESSION NUMBER: 0001193125-24-241178 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241021 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: 20241023 DATE AS OF CHANGE: 20241022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STANLEY BLACK & DECKER, INC. CENTRAL INDEX KEY: 0000093556 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060548860 STATE OF INCORPORATION: CT FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05224 FILM NUMBER: 241387217 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 d822260d8k.htm 8-K 8-K false 0000093556 0000093556 2024-10-21 2024-10-21         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 21, 2024     Stanley Black & Decker, Inc. (Exact Name of Registrant as Specified in its Charter)       Connecticut   001-05224   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 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 21, 2024, the Board of Directors (the “Board”) of Stanley Black & Decker, Inc. (the “Company”) elected John L. Garrison, Jr. as a director of the Company. Mr. Garrison will serve