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Stanley Black & Decker Announces EVP Changes
Jaime Ramirez steps down as EVP and president in tools & storage, while Robert Raff leads tools as acting EVP and president.
On July 22, Stanley Black& Decker announced that it completed the previously announced sale of most of its Security assets to Securitas AB for $3.2 billion in cash.
New Britain, Connecticut-based Stanley Black & Decker has announced leadership changes in its tools business.
Jaime Ramirez, executive vice president and president for tools & storage, will step down from his role to “pursue opportunities outside of the company,” Stanley Black & Decker said.
Robert Raff, a 20-year Stanley Black & Decker veteran and current head of Stanley outdoor integration, will be appointed acting executive vice president and president of tools.
“Stanley Black & Decker maintains a strong bench of leaders and we are fortunate that Robert will step in to lead tools as we continue to drive our business forward,” said Donald Allan, president and CEO of Stanley Black & Decker. “Robert is a long-time veteran executive of the company who has served in various roles, including leading our Security business transformation and 14 years as a leader in tools. He knows the business, the team and our customers well, and we are confident in his ability to drive progress in executing our strategy of focusing on our core businesses, including enhanced investments in tools, to continue to grow our leading franchises.”
Allan added, “Jaime has had a distinguished career with Stanley Black & Decker for more than 30 years. We wish Jaime the best and are grateful for his many contributions throughout his tenure.”
