Stanley Black & Decker Appoints New Board Leaders to Enhance Governance and Strategy

Leadership Changes at Stanley Black & Decker

Stanley Black & Decker, the renowned global leader in tools and outdoor solutions, has made significant updates to its Board of Directors, aiming to enhance governance and operational excellence. As of January 23, 2026, the company has appointed Shane M. O'Kelly, the current President and CEO of Advance Auto Parts, to its Board of Directors. This early move illustrates Stanley Black & Decker's commitment to integrating diverse leadership insights and expertise within its governance framework.

Upcoming Transition in Leadership

The company will see a pivotal transition on October 1, 2026, with the retirement of Executive Chair Donald Allan Jr. Upon his departure, current independent director Debra Crew will step up as Chair of the Board. Debra Crew, who has been a director at Stanley Black & Decker since December 2013 and has held various senior roles in well-established corporations, will first serve as the Lead Independent Director until her official chairmanship begins.

Crew's varied career includes leading Diageo plc as CEO while bringing in crucial marketing and operational skills from her previous roles in Reynolds American, PepsiCo, and other major companies. Donald Allan has expressed gratitude for former Lead Independent Director Andrea Ayers’s contributions, especially during the company's transformation.

“Debra's leadership and profound industry expertise have been instrumental to Stanley Black & Decker,” said Allan. “Her extensive background provides the Board with critical insights that drive innovation and support sustained growth.” Crew will also contribute to the Compensation and Talent Development Committee and the Finance and Pension Committee.

Shane M. O'Kelly's Joining the Board

In addition, the board welcomes Shane M. O'Kelly, whose experience includes not only the automotive sector but also significant background in supply chain management, logistics, and distribution. His past roles encompassing leadership at HD Supply, PetroChoice Holdings, and A.H. Harris & Sons confirm his capabilities to strategically drive growth within Stanley Black & Decker.

“Shane's exceptional expertise in customer-focused strategy and operational excellence will significantly enhance our Board's strength and effectiveness,” noted Allan. O'Kelly’s appointment is aimed at bolstering the strategic priorities of Stanley Black & Decker as it moves toward a more innovative future.

Having served in the U.S. Army, attaining Airborne and Ranger qualifications, O'Kelly holds an MBA from Harvard University and a degree in Mathematical Economics from the United States Military Academy at West Point.

A Vision for the Future

The leadership changes come at a time when Stanley Black & Decker continues to reinforce its dedication to progressive governance. As the company evolves, integrating the insights and expertise of its new directors seems pivotal to maintaining its competitive edge in the marketplace.

Founded in 1843 and headquartered in New Britain, Connecticut, Stanley Black & Decker serves global markets with a workforce of approximately 48,000. The company’s portfolio consists of trusted brands such as DEWALT®, CRAFTSMAN®, and BLACK+DECKER®, catering to builders and tradespeople worldwide. As it navigates through upcoming transitions within its executive leadership, the emphasis remains on operational excellence and remarkable innovation.