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Stanley Black & Decker Announces New CEO Appointment

Story Highlights
  • Stanley Black & Decker appoints Christopher Nelson as CEO, effective October 1, 2025.
  • The leadership transition aims to sustain growth and transformation strategy for long-term value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stanley Black & Decker Announces New CEO Appointment

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An announcement from Stanley Black & Decker ( (SWK) ) is now available.

On June 29, 2025, Stanley Black & Decker announced a leadership transition effective October 1, 2025, appointing Christopher J. Nelson as President and CEO, succeeding Donald Allan, Jr., who will become Executive Chairman. This transition is part of a comprehensive succession plan aimed at sustaining the company’s growth and transformation strategy. Nelson, who joined the company in 2023, has played a key role in optimizing its core businesses and is expected to lead the company into its next growth phase. The transition is expected to maintain the company’s strategic direction and ensure continued value creation for stakeholders.

The most recent analyst rating on (SWK) stock is a Hold with a $94.00 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.

Stanley Black & Decker’s overall score is driven by strong financial management and strategic growth in key segments, despite some revenue challenges and valuation concerns. The earnings call highlighted effective cost management and potential for future savings, which are positive for long-term performance.

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

More about Stanley Black & Decker

Stanley Black & Decker, founded in 1843 and headquartered in the USA, is a global leader in tools and outdoor products. The company operates manufacturing facilities worldwide and employs approximately 48,000 people. It offers a range of products including power tools, hand tools, storage solutions, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners. Its portfolio includes well-known brands such as DEWALT, CRAFTSMAN, STANLEY, BLACK+DECKER, and Cub Cadet.

Average Trading Volume: 3,166,334

Technical Sentiment Signal: Sell

Current Market Cap: $10.47B

See more insights into SWK stock on TipRanks’ Stock Analysis page.

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