Stanley Black & Decker CEO in New Britain to Receive Multimillion-Dollar Pay Package
Compensation plan draws scrutiny amid restructuring efforts
Stanley Black & Decker’s CEO, based in New Britain, Connecticut, is set to receive a multimillion-dollar pay package as part of his new role as chairman.
The announcement comes during an ongoing restructuring drive aimed at boosting profitability and simplifying operations.
While supporters say the compensation reflects industry norms for leadership in challenging times, critics argue it highlights tensions over executive pay at a time when many workers face cost-of-living pressures.