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Donald Allan

Executive Chair of the Board, Stanley Black Decker

Search every verified Donald Allan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Donald Allan, Executive Chair of the Board at Stanley Black & Decker, has recently discussed the company’s ongoing transformation and its approach to tariffs and trade policy. In a November 2024 interview, he stated that tariffs can be beneficial for certain industries facing competitive pressure from Chinese manufacturers, citing autos, semiconductors, and electronics as examples. He also described the company’s preparedness for potential tariff changes, noting that Stanley Black & Decker had been planning different scenarios since the spring of 2024, including engaging with policymakers and preparing pricing actions with channel customers. Allan added that the company has reduced its China exposure from about 40% of U.S. sales a decade ago to roughly 20–25% today. Allan has also emphasized workforce development and the importance of supporting the trades. He has discussed the company’s “Grow the Trades” initiative, which aims to address a reported half-million open jobs in the trade space by investing in vocational schools and apprenticeship programs. He has advocated for skill-based hiring, noting that not all jobs require degrees, and has highlighted public-private partnerships, such as the Workforce Partnership Initiative in Connecticut, as a way to build sustainable workforce programs. Additionally, Allan has spoken about the future of tools, predicting that artificial intelligence and connected products will play an increasing role in the industry over the next decade or two.

Recent appearances

  • Tariffs can be good for 'certain industries': Stanley Black & Decker CEO

    Coming off of the tool maker's investor day, Stanley Black & Decker (SWK) CEO Don Allan joins Yahoo Finance executive editor Brian Sozzi for a conversation about the company's transformation, that entails cutting $2 billion in costs and ramping up the brand's supply chain and innovation. "Mortgages need to get closer to about 5%... we're still in the sixes. And when we get there I actually think it's going to free up a lot of activity around people changing homes," Allan explains. "One of the things happening right now is that home sales are very, very low because people are locked in on an av…

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  • Episode 421: Stanley Black & Decker CEO Donald Allan Constructs A Trades Industry Resurgence

    For the last 100 years, DeWalt has stood by its commitment of helping world-builders build the modern world. But currently, the ...

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  • Stanley Black & Decker CEO on DEWALT's 100th anniversary and supporting the next gen of trade pros

    Don Allan, President and CEO of Stanley Black & Decker, Inc., discusses DEWALT's centennial celebration and its commitment to supporting the next generation of trade professionals on #NYSEFloorTalk with Judy Khan Shaw.

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  • Investing in Employees: Donald Allan, Jr., President & CEO of Stanley Black & Decker

    Business Roundtable member Donald Allan, Jr., President & Chief Executive Officer of Stanley Black & Decker, on building sustainable workforce programs: “The Workplace Partnership Initiative reflects the importance of public-private partnerships in establishing sustainable workforce programs. Business-led collaborative programs have the capacity to be agile and create scale. A more effective approach is to get everyone engaged—businesses, government, technical schools, vocational schools, community colleges, and labor—to work together to build out programs that are more responsive to the curre…

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  • $SWK Stanley Black & Decker Inc Q2 2023 Earnings Conference Call

    08/01/2023 Q&A: 28:50 Stanley Black & Decker, Inc. engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power…

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  • Lessons for Your Business Toolbox: Stanley Black & Decker President & CEO Donald Allan Jr.

    The Travelers Institute, the public policy division of Travelers, hosted a webinar with Stanley Black & Decker President and CEO Donald Allan Jr. The session explored what it’s like to lead a major manufacturing company in 2023. The discussion touched on supply chain, inflation, innovation, social responsibility and how today’s corporate leaders can succeed while providing value to all stakeholders. The Travelers Institute’s webinar series explores pressing topics at the intersection of insurance, business and public policy. Learn more: https://travl.rs/3mQ3wRR. Presented by the Travelers In…

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  • Building The World Through Innovation, Tools, & Industry 4.0 with Don Allan, Stanley Black & Decker

    We are excited to welcome, Don Allan, President and CFO of Stanley Black and Decker to the Made in America podcast! Don talks with Ari about the 'why behind' SB&D, how they effectively integrate iconic brands like DeWALT and CRAFTSMAN, and what their product strategy efforts look like. Don discusses important topics like innovation, Industry 4.0, and changing the perception of manufacturing across the state. Through industry partnerships, Don believes that manufacturers alike can learn from one another and continue to prosper. This is an episode you won't want to miss! Don Allan, Presid…

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