Stanley Black & Decker has appointed Patrick Hallinan to Executive Vice President & Chief Financial Officer, effective April 6.

Hallinan succeeds interim CFO Corbin Walburger and will report to Donald Allan Jr., President and CEO of Stanley Black & Decker, the company said.

Walburger will resume his previous role as Vice President of Business Development.

“After a rigorous search, I am pleased to welcome Patrick to the Stanley Black & Decker team,” said Allan. “Patrick is a seasoned executive who has led global, high performing finance functions across top consumer brands. He has a deep track record of delivering business performance, growth and value creation in complex, competitive industries. I look forward to partnering with him as we execute our transformation to streamline and optimize the company around our core businesses and strong portfolio of global brands. On behalf of the Board and management team, I want to thank Corbin for his valuable service stewarding the finance organization through this critical period for our Company.”

Hallinan joins Stanley Black & Decker from Fortune Brands Innovations, where he worked for 17 years and served as Executive Vice President & CFO and led the firm’s finance function.

“I’m honored to be joining Stanley Black & Decker, the worldwide leader in tools and outdoor, at such a pivotal moment,” said Hallinan. “Having long followed the Company, I have tremendous respect for this leadership team and the transformation that is already progressing rapidly. The Company’s iconic portfolio of brands, as well as its highly-engineered and growing industrial business, provide a strong foundation for long-term, profitable growth and value generation.”