Stanley Black & Decker : Elects Dmitri L. Stockton To Its Board Of Directors
July 17, 2018 at 06:02 pm EDT
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NEW BRITAIN, Conn., July 17, 2018 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) has elected Dmitri L. Stockton, 54, former Chairman, President and Chief Executive Officer of GE Asset Management to the company's Board of Directors.
'Dmitri is an excellent addition to our Board, bringing an impressive set of experiences managing and leading complex, global organizations,' said George W. Buckley, Stanley Black & Decker's Chairman of the Board. 'He is known for being an innovative leader with a strong focus on accelerating growth and developing human capital, traits which will be tremendous assets for the organization as Stanley Black & Decker continues its organic and inorganic growth plans.'
Stockton is a 30-year veteran of GE, having retired in March 2017 after the successful sale of GE Asset Management to State Street Corporation. While at GE, Stockton spent 10 years abroad and led businesses in 26 global markets with approximately 40,000 employees in his final assignment internationally.
He earned a bachelor's in Accounting from North Carolina Agricultural and Technical State University, and currently serves as a director for American Family Insurance, Deere & Company, Ryder Systems Inc., Target Corporation and Georgetown University Board of Regents. He is formerly a director of Synchrony Financial.
About Stanley Black & Decker:
Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems and more. Learn more at www.stanleyblackanddecker.com
Media Contacts:
Shannon Lapierre
Vice President, Communications & Public Relations
Stanley Black & Decker
Phone: 860-259-7669
Email: Shannon.Lapierre@sbdinc.com
Tim Perra
Vice President, Public Affairs
Stanley Black & Decker
Phone: 860-826-3260
Email: Tim.Perra@sbdinc.com
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Stanley Black & Decker Inc. published this content on 17 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 July 2018 22:01:09 UTC
Stanley Black & Decker, Inc. specializes in the design, manufacturing and marketing of tools and engineering solutions for professional, industrial and construction and consumer use. Net sales break down by family of products as follows:
- electric tools and accessories (71.1%): tools and electric devices (drills wire, sanders, saws, grinders, batteries, etc.), garden tools (shears, cutting edge, trimmers, aerators , grinders, chainsaws, etc.), vacuum cleaners, lamps, lights, battery chargers, starter batteries, power converters, hand tools (measuring and leveling tools, planes, hammers, knives, blades, screwdrivers, saws, etc.), consumer mechanics tools (wrenches and sockets), plastic tool boxes, pneumatic tools and fasteners (nail guns, staplers, staples, etc.);
- industrial products (16.2%): professional and automotive mechanics tools (wrenches, sockets, electronic diagnostic tools, etc.), storage systems, plumbing, heating and air conditioning tools (pipe wrenches, pliers, tubing cutters, etc.), hydraulic tools, etc.;
- access and security products (12.7%): automatic doors, door closers, emergency exit devices, locking mechanisms, integrated security devices, etc.
Net sales are distributed geographically as follows: the United States (60.5%), Canada (4.7%), Americas (4.2%), France (4%), Europe (19.2%) and Asia (7.4%).
STANLEY BLACK & DECKER, INC. 
