Stanley Black & Decker (NYSE: SWK) has elected Dmitri L. Stockton, 54, former Chairman, President and Chief Executive Officer of GE Asset Management to the company's Board of Directors.

"Dmitri is an excellent addition to our Board, bringing an impressive set of experiences managing and leading complex, global organizations," said George W. Buckley, Stanley Black & Decker's Chairman of the Board. "He is known for being an innovative leader with a strong focus on accelerating growth and developing human capital, traits which will be tremendous assets for the organization as Stanley Black& Decker continues its organic and inorganic growth plans."

Stockton is a 30-year veteran of GE, having retired in March 2017 after the successful sale of GE Asset Management to State Street Corporation. While at GE, Stockton spent 10 years abroad and led businesses in 26 global markets with approximately 40,000 employees in his final assignment internationally.

He earned a bachelor's in Accounting from North Carolina Agricultural and Technical State University, and currently serves as a director for American Family Insurance, Deere & Company, Ryder Systems Inc., Target Corporation and Georgetown University Board of Regents. He is formerly a director of Synchrony Financial.

About Stanley Black & Decker:

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems and more. Learn more at www.stanleyblackanddecker.com