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Stanley Black & Decker appoints Christopher Nelson as new CEO, succeeding Donald Allan Jr.
Stanley Black & Decker named Christopher Nelson as its new CEO, taking over from Donald Allan Jr. on October 1.
Allan will become Executive Chair, while Andrea Ayers will be the Lead Independent Director.
The company also discussed better-than-expected second quarter earnings.
Elsewhere, Fed Chair Jerome Powell addressed lawmakers on monetary policy, and economic data from the U.S., Europe, and Australia made headlines.
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Stanley Black & Decker nombra a Christopher Nelson como nuevo CEO, sucediendo a Donald Allan Jr.