James M. Loree
JAMES M. LOREE is the President & Chief Executive Officer of Stanley Black & Decker.
Jim joined the Company (then The Stanley Works) in 1999 as Vice President and Chief Financial Officer where he provided financial oversight and leadership during the Company’s restructuring and cost reduction phase. This period involved the closing of approximately 80 facilities and divestiture of two major business units. He was named Executive Vice President and Chief Financial Officer in 2002. During this time, Jim was instrumental in re-architecting Stanley’s portfolio strategy and began an M&A effort to transform Stanley into a growth-oriented diversified industrial company. He was named Chief Operating Officer (COO) in 2009, President & COO in 2013 and CEO in 2016.
Since his joining Stanley Black & Decker, company revenues have more than quadrupled, fueled by over one hundred acquisitions including the landmark merger with Black & Decker in 2010.
Prior to his tenure at Stanley Black & Decker, Jim’s 19-year career with GE was broad-based, spanning a multitude of assignments and industries. He joined GE in 1980 on their Financial Management training program and followed that with a four-year stint on the GE Audit staff. For the next twelve years he held positions of increased responsibility in financial and operating management in industrial businesses, corporate and at GE Capital.
Jim served for over five years as a director of Harsco Corporation, including four as Audit Committee Chair. He also serves as a Trustee of Union College, a director of Hartford Hospital and a director of the Jim and Rebecca Loree Foundation.
He received a BA in Economics in 1980 from Union College, Schenectady, NY, where he graduated Summa Cum Laude and was elected to Phi Beta Kappa.