James M. Loree
 |
James M. Loree | |
|---|---|
| Education | Union College (B.A.) |
| Occupation(s) | Stanley Black & Decker President & CEO, businessman |
| Spouse | Rebecca Corbin Loree |
James "Jim" M. Loree was the president and chief executive officer of Stanley Black & Decker (SWK), a position he held from August 1, 2016 to July 2022.[1] Stanley Black & Decker is a Fortune 500 company with $11 billion revenues and $28 billion market cap.[2]
Education
[edit]Jim attended Union College in Schenectady, New York. He graduated in 1980 with a B.A. in Economics. He is a member of a secret society known as the Sigma Phi Society. He is also a member of the honor and scholarship greek letter organizations Phi Beta Kappa and Omicron Delta Epsilon.[3]
Career
[edit]Jim Loree first joined Stanley Black & Decker (then Stanley Works) in 1999, serving as VP and chief financial officer with 19 years previously with General Electric Company (GE). Eventually being named EVP and CFO in 2002, EVP & chief operating officer in 2009 and President & COO in 2013 before then as President & COO (2013–2016).
Beginning in 2002, Loree began an M&A effort to transform Stanley into a growth-oriented diversified industrial company.[4] Since then company revenues have more than quadrupled, fueled by over seventy acquisitions[5] including the landmark merger with Black & Decker in 2010.[6]
Board memberships
[edit]Jim served for over five years as a director of Harsco Corporation, including four as Audit Committee Chair. He also serves as a member of the National Association of Manufacturers, on the Wall Street Journal CEO Council,[7] as a Business Roundtable member, a Trustee of Union College, a director of Hartford Hospital and a director of the Jim and Rebecca Loree Foundation.
Family
[edit]Loree is married to Rebecca Corbin Loree, Founder & CEO of Corbin Advisors, LLC.[8] Jim relocated to the greater Hartford, Connecticut area[9] in 1999.
References
[edit]- ^ Laryea, Brittney (July 22, 2016). "Stanley Black & Decker Names New CEO, Raises Guidance". The Wall Street Journal. Retrieved July 22, 2016.
- ^ "Fortune 500 Profile: SWK #250". Fortune. Archived from the original on August 7, 2017. Retrieved July 27, 2017.
- ^ https://www.linkedin.com/in/james-loree-485207123/ [self-published source]
- ^ Morcroft, Gregory (May 16, 2017). "Stanley Black & Decker CEO Says He Has the Tools to Double Revenue in 6 Years". The Street. Retrieved May 16, 2017.
- ^ Bomey, Nathan. "Stanley Black & Decker to open U.S. plant". USA Today. Retrieved January 5, 2017.
- ^ Kouwe, Zachery. "Toolmaker Deal Ends a 28-Year Courtship". The New York Times. Retrieved November 2, 2009.
- ^ "CEO Council Members List". The Wall Street Journal. Retrieved May 27, 2017.
- ^ "Loree Foundation – Building a stronger community by investing in educational opportunities for underserved youth". Retrieved July 1, 2024.
- ^ Daddona, Patricia. "Stanley CEO outlines conditions for keeping companies in CT". Hartford Business Journal. Retrieved June 23, 2017.