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.”

Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.