Stanley Black & Decker names Christopher Nelson CEO effective October 1, 2025
Stanley Black & Decker said its Board named Christopher Nelson, the company's Chief Operating Officer, as President and Chief Executive Officer effective October 1, 2025, succeeding Donald Allan, Jr., who has served as CEO since July 2022. Allan will become Executive Chairman on the same date, and Andrea Ayers will become Lead Independent Director. The company also said it continues to expect second-quarter GAAP and Adjusted EPS performance better than its 2025 planning assumptions.
Key points
- Christopher Nelson, 55, has been COO and President of Tools & Outdoor since June 2023; he joins the Board when he becomes CEO on October 1, 2025.
- Nelson's letter agreement sets an annual base salary of $1,300,000, a target annual bonus of 160% of base salary, and 2026 annual equity awards with a target grant date value of $10,345,000.
- Donald Allan, Jr. will serve as Executive Chairman until his retirement on September 30, 2026, per the 8-K, with a $1,100,000 base salary and a $6,000,000 target 2026 equity grant value.
- The company continues to expect second-quarter GAAP and Adjusted EPS better than its 2025 planning assumptions from the Q1 2025 earnings call.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 30, 2025.
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