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John L. Garrison, Jr. Elected to Stanley Black & Decker Board of Directors

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Stanley Black & Decker (NYSE: SWK) has elected John L. Garrison, Jr. to its Board of Directors. Garrison, former Chairman, President, and CEO of Terex , brings over 30 years of experience in executing multi-level transformations across various industries. His expertise in developing financial and human capital strategies aligns with the company's focus on accelerating organic growth and margin expansion.

Garrison's career includes leadership roles at Bell Helicopter, E-Z-GO, Azurix , and Case He also served in the U.S. Army and taught at West Point. Currently, he serves on the Flowserve Board, chairing the Organization and Compensation Committee.

Stanley Black & Decker, founded in 1843, is a global leader in Tools and Outdoor, with approximately 50,000 employees worldwide. The company's portfolio includes trusted brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, and Cub Cadet.

Stanley Black & Decker (NYSE: SWK) ha nominato John L. Garrison, Jr. nel suo Consiglio di Amministrazione. Garrison, ex Presidente, Amministratore Delegato e CEO di Terex, porta con sé oltre 30 anni di esperienza nell'esecuzione di trasformazioni multilivello in diversi settori. La sua competenza nello sviluppo di strategie per il capitale finanziario e umano si allinea con l'obiettivo dell'azienda di accelerare la crescita organica e l'espansione dei margini.

La carriera di Garrison include ruoli di leadership presso Bell Helicopter, E-Z-GO, Azurix e Case. Ha anche servito nell'Esercito degli Stati Uniti e insegnato a West Point. Attualmente, è membro del Consiglio di Flowserve, presiedendo il Comitato per l’Organizzazione e la Compensazione.

Stanley Black & Decker, fondata nel 1843, è un leader globale nel settore degli Strumenti e dell'Attrezzatura da Esterno, con circa 50.000 dipendenti in tutto il mondo. Il portafoglio dell'azienda include marchi affidabili come DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER e Cub Cadet.

Stanley Black & Decker (NYSE: SWK) ha elegido a John L. Garrison, Jr. para su Junta Directiva. Garrison, ex Presidente, Director General y CEO de Terex, aporta más de 30 años de experiencia en la ejecución de transformaciones a múltiples niveles en diversas industrias. Su experiencia en el desarrollo de estrategias de capital financiero y humano se alinea con el enfoque de la empresa en acelerar el crecimiento orgánico y la expansión de márgenes.

La carrera de Garrison incluye roles de liderazgo en Bell Helicopter, E-Z-GO, Azurix y Case. También sirvió en el Ejército de los EE. UU. y enseñó en West Point. Actualmente, forma parte de la Junta de Flowserve, presidiendo el Comité de Organización y Compensación.

Stanley Black & Decker, fundada en 1843, es un líder global en herramientas y exteriores, con aproximadamente 50,000 empleados en todo el mundo. El portafolio de la empresa incluye marcas de confianza como DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER y Cub Cadet.

Stanley Black & Decker (NYSE: SWK)는 John L. Garrison, Jr.를 이사회의 일원으로 선출했습니다. Terex의 전 회장, 사장, CEO였던 Garrison은 다양한 산업에서 다단계 변화를 이행한 30년 이상의 경험을 소유하고 있습니다. 재무 및 인적 자본 전략을 개발하는 그의 전문성은 회사가 유기적 성장과 마진 확대를 가속화하는 데 중점을 두고 있는 것과 일치합니다.

Garrison의 경력은 Bell Helicopter, E-Z-GO, Azurix 및 Case에서의 리더십 역할을 포함합니다. 그는 또한 미 육군에서 복무하고 웨스트포인트에서 가르쳤습니다. 현재 그는 Flowserve 이사회에 있으며 조직 및 보상 위원회를 주재하고 있습니다.

1843년에 설립된 Stanley Black & Decker는 전 세계에 약 50,000명의 직원을 두고 있는 도구 및 야외 분야의 글로벌 리더입니다. 이 회사의 포트폴리오는 DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER 및 Cub Cadet와 같은 신뢰받는 브랜드를 포함합니다.

Stanley Black & Decker (NYSE: SWK) a élu John L. Garrison, Jr. au sein de son Conseil d'Administration. Garrison, ancien Président, Directeur Général et CEO de Terex, possède plus de 30 ans d'expérience dans la mise en œuvre de transformations à plusieurs niveaux dans divers secteurs. Son expertise dans le développement de stratégies financières et humaines s'aligne sur l'objectif de l'entreprise d'accélérer la croissance organique et l'expansion des marges.

La carrière de Garrison comprend des postes de direction chez Bell Helicopter, E-Z-GO, Azurix et Case. Il a également servi dans l'Armée américaine et a enseigné à West Point. Actuellement, il est membre du Conseil de Flowserve, présidant le Comité d'Organisation et de Rémunération.

Fondée en 1843, Stanley Black & Decker est un leader mondial dans le domaine des outils et de l'extérieur, avec environ 50 000 employés dans le monde entier. Le portefeuille de l'entreprise comprend des marques de confiance telles que DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER et Cub Cadet.

Stanley Black & Decker (NYSE: SWK) hat John L. Garrison, Jr. in seinen Vorstand gewählt. Garrison, ehemaliger Vorsitzender, Präsident und CEO von Terex, bringt über 30 Jahre Erfahrung in der Durchführung von mehrstufigen Transformationen in verschiedenen Branchen mit. Seine Expertise in der Entwicklung von finanziellen und humanen Kapitalstrategien stimmt mit dem Fokus des Unternehmens auf die Beschleunigung des organischen Wachstums und die Margenexpansion überein.

Garrisons Karriere umfasst Führungspositionen bei Bell Helicopter, E-Z-GO, Azurix und Case. Er diente auch in der US-Armee und unterrichtete an West Point. Derzeit ist er im Vorstand von Flowserve und leitet den Organisations- und Vergütungsausschuss.

Stanley Black & Decker, gegründet 1843, ist ein globaler Marktführer in Werkzeugen und im Outdoor-Bereich mit weltweit etwa 50.000 Mitarbeitern. Das Portfolio des Unternehmens umfasst vertrauenswürdige Marken wie DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER und Cub Cadet.

Positive
  • Addition of experienced executive John L. Garrison, Jr. to the Board of Directors
  • Garrison's expertise aligns with company's focus on accelerating organic growth and margin expansion
  • Potential for fresh perspectives and strengthened leadership from new board member
Negative
  • None.

NEW BRITAIN, Conn., Oct. 22, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that John L. Garrison, Jr, former Chairman, President, and Chief Executive Officer of Terex Corporation has been elected to the company's Board of Directors.

Garrison has more than 30 years of experience successfully executing multi-level transformations in various industries.

"John is a highly accomplished executive with extensive experience leading large-scale and complex global operations," said Andrea J. Ayers, Stanley Black & Decker Chair. "John's track record of developing and implementing financial and human capital strategies and transforming processes to drive business outcomes and operational excellence makes him a great addition to the Board as the Company intensifies its focus on accelerating organic growth with margin expansion to drive long-term shareholder returns."

Garrison, most recently, served as President and Chief Executive Officer of Terex Corporation, a global manufacturer of materials processing machinery and aerial work platforms, a position he held from 2015 until his retirement in 2024. In addition, Garrison served as Chairman of the Board of Terex from August 2018 until his retirement in 2024.

Prior to joining Terex, Garrison was President and CEO of Bell Helicopter, a Textron company. He previously held senior leadership roles at E-Z-GO, a Textron company, Azurix Corporation and Case Corporation. He also served 10 years on active duty in the U.S. Army as an Airborne Ranger qualified Artillery Officer and taught in the Department of Social Sciences at the United States Military Academy at West Point.

Garrison served as the past President and Chairman of American Helicopter Society's International and Chairman of Vertical Flight Foundation, a board member for the General Aviation Manufacturers Association (GAMA), and as a Cabinet member of the Marine Corps Scholarship Foundation's American Patriots Campaign.

He currently serves on the Flowserve Corporation Board, a position he has held since 2018. On the Flowserve Board, he serves as Chair of the Organization and Compensation Committee and as a member of Corporate Governance and Nominating Committee.

Garrison received a bachelor's degree in engineering from the United States Military Academy at West Point and a master's degree in business administration from Harvard 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 50,000 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 FacebookInstagramLinkedIn and X.

Media Contact:
Debora Raymond
Vice President, Public Relations
debora.raymond@sbdinc.com
203-640-8054

 

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SOURCE Stanley Black & Decker, Inc.

FAQ

Who is John L. Garrison, Jr. and why was he elected to Stanley Black & Decker's Board of Directors?

John L. Garrison, Jr. is the former Chairman, President, and CEO of Terex with over 30 years of experience in executing multi-level transformations. He was elected to Stanley Black & Decker's Board due to his extensive experience in leading global operations and his track record in developing strategies to drive business outcomes and operational excellence.

What is Stanley Black & Decker's (SWK) current focus according to the press release?

According to the press release, Stanley Black & Decker (SWK) is currently focusing on accelerating organic growth with margin expansion to drive long-term shareholder returns.

What are some of the major brands owned by Stanley Black & Decker (SWK)?

Stanley Black & Decker (SWK) owns several trusted brands including DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, and Cub Cadet.

How many employees does Stanley Black & Decker (SWK) have and what is their primary focus?

Stanley Black & Decker (SWK) has approximately 50,000 employees worldwide. They focus on producing innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners for builders, tradespeople, and DIYers.

Stanley Black & Decker, Inc.

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