Stanley Black & Decker adds CAO; CFO pay to $1,000,000, 110%
Stanley Black & Decker (SWK) expanded Executive Vice President and CFO Patrick D. Hallinan’s role to include Chief Administrative Officer, effective January 1, 2026.
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Rhea-AI Filing Summary
Stanley Black & Decker (SWK) expanded Executive Vice President and CFO Patrick D. Hallinan’s role to include Chief Administrative Officer, effective January 1, 2026. To reflect the added responsibilities, his compensation will change on the same date: base salary will rise by $160,000 to $1,000,000, his target short‑term incentive will increase to 110% of base salary (from 100%), and his anticipated total target long‑term incentive award for 2026 will increase by $1,100,000 to $4,750,000.
The Board also elected Mary A. Laschinger as a director effective November 1, 2025. She will join the Compensation and Talent Development Committee and the Finance and Pension Committee and will participate in the non‑employee director compensation program described in the company’s March 7, 2025 proxy. The company issued a press release (Exhibit 99.1) announcing her election.
Insights
Routine leadership expansion and director addition; neutral impact.
SWK consolidated administrative oversight by adding Chief Administrative Officer duties to the existing CFO role effective January 1, 2026. Compensation adjustments align with the expanded scope: base salary to $1,000,000, short‑term incentive target to 110% of base, and 2026 long‑term incentive target to $4,750,000.
The Board elected Mary A. Laschinger effective November 1, 2025, assigning her to Compensation and Talent Development and Finance and Pension committees. These are standard governance actions and do not alter capital structure or guidance.
8-K Event Classification
FAQ
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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
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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 October 29, 2025, Patrick D. Hallinan, the Executive Vice President, Chief Financial Officer of Stanley Black & Decker, Inc. (the “Company”) was appointed as the Company’s Chief Administrative Officer, effective January 1, 2026 (the “Effective Date”). As of the Effective Date, Mr. Hallinan will serve as the Company’s Executive Vice President, Chief Financial Officer & Chief Administrative Officer.
In connection with Mr. Hallinan’s assumption of increased responsibilities, on October 29, 2025, the Compensation and Talent Development Committee of the Company’s Board of Directors (the “Board”) approved the following compensation changes, effective as of the Effective Date, for Mr. Hallinan: (i) a base salary increase of $160,000 to $1,000,000, (ii) a target short-term incentive award opportunity of 110% of base salary (increased from 100% of base salary), and (iii) a $1,100,000 increase in the anticipated value of his total target long-term incentive award for 2026 to $4,750,000.
Additionally, on October 30, 2025, the Board elected Mary A. Laschinger as a director of the Company effective November 1, 2025. Ms. Laschinger will serve as a member of the Board’s Compensation and Talent Development Committee and Finance and Pension Committee. Ms. Laschinger 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 7, 2025.
There was no arrangement or understanding between Ms. Laschinger and any other person pursuant to which Ms. Laschinger was elected as a director of the Company, and she has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
A copy of the Company’s press release announcing the election of Ms. Laschinger to the Board is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits:
| Exhibit No. |
Description | |
| 99.1 | Press Release dated October 31, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
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. | ||||||
| Date: October 31, 2025 | ||||||
| By: | /s/ Janet M. Link | |||||
| Name: | Janet M. Link | |||||
| Title: | Senior Vice President, General Counsel and Secretary | |||||