Stanley Black & Decker, Inc. (SWK, Financial) has announced that Mojdeh Poul will not stand for re-election as a director at the company's 2025 annual meeting of shareholders. Ms. Poul, who has been a valued member of the board, will continue her service until the meeting. Her decision to step down is linked to her recent appointment as the forthcoming Chief Executive Officer of Integra LifeSciences Holdings Corporation, a prominent global medical technology firm.
Ms. Poul's departure is in accordance with the terms of her new role at Integra, which restricts service on external boards of directors. It is important to note that her decision was not due to any disagreements with Stanley Black & Decker regarding its operations, policies, or practices.
This transition marks a significant step in Ms. Poul's career as she takes on a leadership role at Integra, while Stanley Black & Decker continues to uphold its commitment to strong governance and strategic leadership.
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