SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): Sept. 18, 1995
The Stanley Works
(Exact name of registrant as specified in charter)
Connecticut 1-5224 06-058860
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1000 Stanley Drive, New Britain, Connecticut 06053
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(203) 225-5111
Not Applicable
(Former name or former address, if changed since last report)
Page 1 of 5 pages
Exhibit Index is located on Page 4
Item 5. Other Events.
1. On September 18, 1995, the Registrant issued
a press release.
Attached as Exhibit (20)(i) is a copy of the
Registrant's press release. This Exhibit is incorporated herein
by reference.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(c) (20)(i)
Election, effective September 18, 1995,
of Paul W. Russo as Vice President
Strategy and Development.
Page 2 of 5
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized
THE STANLEY WORKS
Date: September 19, 1995 By: Stephen S. Weddle
Name: Stephen S. Weddle
Title: Vice President,
General Counsel
and Secretary
Page 3 of 5
EXHIBIT INDEX
Current Report on Form 8-K
Dated September 18, 1995
Exhibit No. Page
(20)(i) 5
Page 4 of 5
FOR IMMEDIATE RELEASE September 18, 1995
STANLEY ANNOUNCES ELECTION OF NEW OFFICER
New Britain, Connecticut (NYSE:SWK)...Richard H. Ayers, Chairman
and Chief Executive Officer of The Stanley Works today announced
that the company's Board of Directors has elected Paul W. Russo
to the newly created position of Vice President, Strategy and
Development. Mr. Russo's election is effective September 18,
1995.
Mr. Ayers commented, "This is a new position at Stanley, created
to help guide our planning and acquisition activities and our
efforts to refocus priorities. Paul Russo has an impressive work
and educational background that is perfectly suited to our needs.
"He is a graduate of the University of California at Berkeley and
Harvard School of Business Administration. He is also a
Certified Public Accountant. His range of work experience
includes leadership roles in corporate restructuring, a strong
background in acquisition strategies and a thorough understanding
of strategic business planning. He is extremely well-suited to
help Stanley achieve our goals of growing profitably to $4
billion in sales by 1999."
Before coming to Stanley, Mr. Russo had been Co-Chairman and Co-
Chief Executive Officer of SV Corp., an international
manufacturer of industrial valves headquartered in Massachusetts.
SV Corp. was purchased in 1991 by Cornerstone Partners Limited, a
company which Mr. Russo co-founded in 1988. Prior to 1988, Paul
had been a partner at Bain & Company management consultants. At
Bain, he developed and managed marketing, manufacturing and
portfolio strategies which generated growth and improved profits
for clients such as Burlington Industries, Dun & Bradstreet and
Hershey Foods.
Mr. Russo, his wife Deborah, and their two children Christina and
Alexander, will be relocating to Connecticut from Newton,
Massachusetts in the near future.
The Stanley Works is a worldwide producer of tools, hardware and
specialty hardware for home improvement, consumer, industrial and
professional use.
##########
CONTACT: Patricia McLean
Manager, Corporate Communications
(203) 827-3833
Page 5 of 5
