Donald Allan, Jr.

President and Chief Executive Officer at STANLEY BLACK & DECKER

Board

Since July 2022

Age

60 years

Tenure

Joined the company and progressed from Assistant Controller (1999–2000), Corporate Controller (2000–2002), Vice President & Corporate Controller (2002–2009), Vice President & Chief Financial Officer (2009–2010), Senior Vice President & Chief Financial Officer (2010–2016), Executive Vice President & Chief Financial Officer (2016–2021), to President & Chief Financial Officer (2021–2022) before becoming President and Chief Executive Officer in July 2022.

Also at STANLEY BLACK & DECKER

CJN

Christopher J. Nelson

COO, EVP, and President of Tools & Outdoor

DKW

Deborah K. Wintner

Senior Vice President and CHRO

PDH

Patrick D. Hallinan

Executive Vice President and CFO

About

Donald Allan, Jr. leads Stanley Black & Decker as President and Chief Executive Officer. At 60 years old, he has demonstrated strong financial leadership and operational expertise throughout his career.

He began his tenure at the company in roles that progressively advanced his responsibilities. Over the years, he served as Assistant Controller, Corporate Controller, Vice President & Corporate Controller, and held progressively higher executive roles including Vice President & Chief Financial Officer, Senior Vice President & Chief Financial Officer, and Executive Vice President & Chief Financial Officer, culminating as President & Chief Financial Officer before his promotion in July 2022.

In his journey at Stanley Black & Decker, his work in financial reporting and adherence to regulatory standards—evidenced by his certifications under the Sarbanes-Oxley Act—reflects his dedication to maintaining robust operational practices. His consistent ascent through the ranks underscores a career marked by commitment, achievement, and substantial contributions to the company's success.

$SWK Performance Under Donald Allan, Jr.

Past Roles

Organization	Role	Date Range	Details
Stanley Black & Decker, Inc.	President & Chief Financial Officer	February 2021 - July 2022	Promoted to President & CEO in July 2022
Stanley Black & Decker, Inc.	Executive Vice President & Chief Financial Officer	2016 - February 2021
Stanley Black & Decker, Inc.	Senior Vice President & Chief Financial Officer	2010 - 2016
Stanley Black & Decker, Inc.	Vice President & Chief Financial Officer	2009 - 2010
Stanley Black & Decker, Inc.	Vice President & Corporate Controller	2002 - 2009
Stanley Black & Decker, Inc.	Corporate Controller	2000 - 2002
Stanley Black & Decker, Inc.	Assistant Controller	1999 - 2000
Loctite Corporation	Financial Management roles	N/A	Increasing responsibility
Ernst & Young	Financial Management roles	N/A	Increasing responsibility

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,250,000	Annual	Effective as of December 30, 2023; effective since July 1, 2022
All Other Compensation	$306,442	Annual	Includes: Company RAP Contributions ($31,050), Supplemental RAP Contributions ($74,378), Life Insurance Premiums ($47,945), Disability Insurance Premiums ($7,331), Personal Use of Aircraft ($125,177), Other Perquisites ($20,561)

Performance Compensation

Data from FY 2023

Non-Equity Incentive Plan Compensation

Metric	Weight (%)	Threshold	Target	Maximum	Actual Payout/Details
Adjusted EPS	30%	N/A	N/A	N/A	N/A
Free Cash Flow	40%	N/A	N/A	N/A	N/A
Adjusted Gross Margin Rate	30%	N/A	N/A	N/A	N/A
Transformation Modifier	+20%	N/A	N/A	N/A	Not applied to bonus payouts
Bonus Payout	-	$937,500	$1,875,000	$3,750,000	163.8% of target; $3,071,250 paid

Equity Incentive Plan Awards (LTIP PSUs)

Metric	Weight (%)	2023 Threshold	2023 Target	2023 Maximum	Additional Details
CFROI	40%	8%	9%	10%	Represents cash flow return on investment measure for 2023
Relative Organic Sales Growth vs. Market	35%	N/A	N/A	N/A	Data provided mainly for 2024 performance; not specified for 2023
Relative TSR	25%	25th percentile	50th percentile	75th percentile	Based on share price appreciation and dividend returns
Grant Details	-	-	-	-	Grant Date: February 15, 2023; Fair Value: $4,624,998; Stock Price: $90.32; Vesting in Q1 of the fiscal year following the performance period (2023-2025)

Note: RSUs and Stock Options for 2023 are time-vesting awards and are not directly linked to performance metrics.