tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Stanley Black & Decker Announces Key Board Leadership Changes

Story Highlights
  • Stanley Black & Decker is shifting to a non-executive chair model, naming Debra Crew Lead Independent Director now and Chair from October 2026 as Donald Allan Jr. retires.
  • Andrea Ayers will retire from the board after the April 2026 shareholder meeting, while the company adds Advance Auto Parts CEO Shane O’Kelly as a director to strengthen strategic and operational expertise.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stanley Black & Decker Announces Key Board Leadership Changes

Claim 50% Off TipRanks Premium

Stanley Black & Decker ( (SWK) ) just unveiled an announcement.

On January 23 and January 26, 2026, Stanley Black & Decker announced a series of board leadership changes, marking a planned transition back to a non-executive chair structure and reinforcing its governance framework. Independent director Debra Crew has been appointed Lead Independent Director effective immediately, succeeding Andrea Ayers, and has been elected to become non-executive Chair of the Board on October 1, 2026, upon the retirement of Executive Chair and former CEO Donald Allan Jr., in line with the company’s previously stated succession plans. Ayers, who has served more than 11 years on the board and previously led it through a major corporate transformation, will continue as an independent director until her retirement at the annual shareholders’ meeting in April 2026, with the company emphasizing that her decision not to stand for re-election did not stem from any disagreement over operations or policies. The board also elected Shane M. O’Kelly, president and CEO of Advance Auto Parts and a former senior executive at HD Supply, PetroChoice and A.H. Harris & Sons, as a new director effective January 23, 2026, assigning him to the Compensation and Talent Development Committee and the Corporate Governance Committee; his appointment is positioned to bolster the board’s capabilities in supply chain, logistics and growth strategy as the company pursues operational excellence and long-term growth.

The most recent analyst rating on (SWK) stock is a Buy with a $91.00 price target. To see the full list of analyst forecasts on Stanley Black & Decker stock, see the SWK Stock Forecast page.

Spark’s Take on SWK Stock

According to Spark, TipRanks’ AI Analyst, SWK is a Neutral.

The score is driven primarily by moderate financial performance—solid balance sheet stability but weak margins and cash conversion—partly offset by constructive technical momentum. Valuation is supported by a strong dividend but tempered by a higher P/E, while the earnings call and CAM divestiture add credibility to margin improvement and deleveraging plans despite ongoing demand and tariff headwinds.

To see Spark’s full report on SWK stock, click here.

More about Stanley Black & Decker

Stanley Black & Decker (NYSE: SWK), founded in 1843 and headquartered in the U.S., is a global leader in tools and outdoor products, operating manufacturing facilities worldwide. With about 48,000 employees, the company produces power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners for professional builders, tradespeople and DIY users, marketed under brands including DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER and Cub Cadet.

Average Trading Volume: 1,714,233

Technical Sentiment Signal: Buy

Current Market Cap: $12.77B

For detailed information about SWK stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1