James M. Loree served as the CEO of Stanley Black & Decker from August 2016 until July 2022. With a background in management, he held various roles within the company prior to becoming CEO, including President and Chief Operating Officer....
James M. Loree served as the CEO of Stanley Black & Decker from August 2016 until July 2022. With a background in management, he held various roles within the company prior to becoming CEO, including President and Chief Operating Officer. During his leadership, the company emphasized performance-based pay which is meant to align executives' interests with shareholders. Notably, he had a total compensation of about $1.37 million in his last fiscal year, which included a significant severance payout of $6.78 million when he left, highlighting the kind of financial commitment the company makes to its executives. While serving as CEO, he also had significant vested stock, valued at over $11.18 million, reflecting his deep financial involvement in the company. In the past, he was also a board member of several organizations, including Hartford Hospital. Loree's tenure was marked by significant financial incentives tied to performance metrics, indicating a strong focus on results while leading a major player in the tools and home improvement industry.