Thread regarding Stanley Black & Decker, Inc layoffs

Stanley Black & Decker Says COO to Take Over as CEO in October

  • Stanley Black & Decker on Monday said its COO Christopher Nelson will take over as CEO on Oct. 1.
  • Current CEO Donald Allan will spend a year as executive board chair before retiring in October 2026.
  • The tool maker said it expects second-quarter profits to come in higher than it previously forecast.

https://www.investopedia.com/stanley-black-and-decker-says-coo-to-take-over-as-ceo-in-october-11763400

by Anonymous
| 1888421 views | | 3 replies (last July 8) | Reply
Post ID: @OP+1jz0srks0
Comment! It's anonymous!

3 replies (most recent on top)

There will be severe cost cutting (Layoffs) under C. Nelson.

This is going to be a wild ride where a lot of us are going to get thrown off!

by Anonymous
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Post ID: @1es+1jz0srks0

He comes from Carrier background. More cost cutting on the way..

by Anonymous
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Post ID: @sc+1jz0srks0

Is this good or bad news? I don't know much about Nelson.

by Anonymous
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Post ID: @a1+1jz0srks0

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