For Dr. Buckley, this appointment reflects a return to his own heritage. Dr. Buckley began his career as an electrician apprentice in Stanley Black & Decker's Sheffield, UK plant, and the company also sponsored his undergraduate degree program. His mother also worked at the same plant for close to 30 years, and his sister worked for the company for approximately a decade.
John Lundgren said, "George's depth of experience leading multi-national industrial companies, along with his governance expertise and tenure on Stanley Black & Decker's Board, make him a perfect fit to become Chairman. On the heels of Jim Loree's smooth transition to CEO this past summer, I know George, Jim and the remainder of the Board will continue to work closely and productively with the executive management team to create long-term value for shareholders as Stanley Black & Decker builds on its foundation as an innovative and high-performing industrial company."
About Stanley Black & Decker
Stanley Black & Decker, an S&P 500 and FORTUNE 500 company, is the world's leading provider of tools and storage, the world's second-largest commercial electronic security company, and a leading engineered fastening systems provider, with unique growth platforms in the Oil & Gas and Infrastructure industries. Well-known brands include: STANLEY, BLACK+DECKER, DEWALT, Porter-Cable, Bostitch, Facom, Mac Tools, Proto, Vidmar, Lista, and more. Learn more at www.stanleyblackanddecker.com.
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SOURCE Stanley Black & Decker