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
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
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]
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.
