JIM LOREE is Chief Executive Officer of Stanley Black & Decker, a leading $14.5 billion global diversified industrial. He leads more than 53,000 employees across 60 countries who make the tools, products, and solutions to deliver on the company’s Purpose, For Those Who Make The World. The company operates the world’s largest tools and storage company, the world’s second-largest commercial electronic security company, and is a global industry leader of highly engineered solutions within its engineered fastening and infrastructure businesses.
Under Jim’s leadership, the company continues to gain recognition for industry leadership in advanced manufacturing, operational excellence, responsible business practices, and as the best workplace for innovators and diversity and equality.
To win in the 2020s, Jim is accelerating an ambitious 2025 growth strategy to deliver sustainable profit and societal good through its innovations and business model approach. To deliver on these goals, the company is focused on three priorities: continue delivering top-quartile performance, become known as one of the world’s leading innovators, and elevate its commitment to corporate social responsibility.
Jim joined the company, then Stanley Works, as CFO in 1999 when the company generated just over $2 billion in revenue. In that role, he led a massive restructuring of the business and began a re-architecting of the company’s portfolio. Since that time, he was promoted to COO, President, and then CEO in 2016.
Jim is a director of Whirlpool Corporation and serves as a trustee of his alma mater, Union College, where he earned a bachelor’s degree in Economics. He lives with his wife Rebecca in Connecticut and is the proud father to four young women.