Stanley Black & Decker announced updates to its board of directors. Effective October 1, upon the retirement of Donald Allan, Jr. who has served as executive chair of the board since stepping down as CEO on October 1, 2025, Debra Crew, an independent director of Stanley Black & Decker, has been elected by the company’s board of directors as chair of the board. In addition, effective immediately, Crew will assume the role of lead independent director, succeeding Andrea Ayers, who currently holds this position. Ayers will continue to serve on the board as an independent director until her retirement from the board at the annual meeting of shareholders in April.
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