UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): February 18, 2022 (
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 18, 2022, Stanley Black & Decker, Inc. (the “Company”) announced that George W. Buckley, the Independent Chair of the Board of Directors (the “Board”), will retire from the Board effective at the Annual Meeting, which is expected to be on April 22, 2022, in accordance with the Company’s Corporate Governance Guidelines, which state that the retirement of a Director should normally occur at the end of the term in which he or she becomes 75 years of age, unless otherwise authorized by the Board. Mr. Buckley’s resignation was not the result of any disagreement with the Company. The Board has elected Andrea J. Ayers, a current director, to begin serving as Independent Chair of the Board upon Mr. Buckley’s retirement.
On February 16, 2022, the Board elected Adrian V. Mitchell as a director of the Company. Mr. Mitchell will serve as a member of the Board’s Corporate Governance Committee and Audit Committee. Mr. Mitchell will participate in the compensation program for non-employee directors as described under the heading “Director Compensation” in the Company’s definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on March 29, 2021.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| No. | Document Description | |
| 99.1 | Press Release dated February 18, 2022 | |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Stanley Black & Decker, Inc. | ||
| By: | /s/ Janet M. Link | |
| Name: | Janet M. Link | |
| Title: | Senior Vice President, General Counsel and Secretary | |
Dated: February 18, 2022
