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Stanley Black & Decker Announces Leadership Transition

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Stanley Black & Decker Announces Leadership Transition

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

On March 31, 2025, Stanley Black & Decker announced that Tamer K. Abuaita, the Global Chief Supply Chain Officer and President, Industrial, will transition to a Senior Advisor role effective May 1, 2025. This move is part of the company’s strategic realignment of its Global Supply Chain function, aiming to enhance connections with end users and customers to drive growth. Abuaita will maintain his salary and benefits during his advisory period and receive severance benefits post-advisory role, contingent on compliance with non-competition and non-solicitation obligations.

More about Stanley Black & Decker

Stanley Black & Decker is a company operating in the industrial sector, focusing on tools, storage, and engineered fastening systems, with a market emphasis on global supply chain transformation.

YTD Price Performance: -3.18%

Average Trading Volume: 1,827,960

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.77B

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

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