NEW BRITAIN, Conn., July 26 /PRNewswire-FirstCall/ -- The Board of
Directors of The Stanley Works (NYSE: SWK) announced the election of a new
member, Lawrence A. Zimmerman, senior vice president and Chief Financial
Officer of Xerox Corporation (NYSE: XRX). Prior to joining Xerox in June 2002,
Zimmerman held senior finance positions over a 31-year period with IBM,
including vice president of finance and planning for IBM's Server and
Technology division, head of finance for its Europe, Middle East and Africa
operations, and corporate controller.
John F. Lundgren, Chairman and Chief Executive Officer of The Stanley
Works, stated: "We are privileged that Larry Zimmerman has joined our Board.
Larry is an astute businessman with global experience leading all aspects of
finance, treasury, tax and audit operations. Stanley will benefit from his
knowledge, business acumen and financial expertise and we welcome him to our
Board."
Mr. Zimmerman graduated from New York University with a Bachelor of
Science degree in finance and earned a master's degree in business
administration from Adelphia University.
The Stanley Works, an S&P 500 company, is a worldwide supplier of tools
and security solutions for professional, industrial and consumer use.
The Stanley Works corporate press releases are available in the Investor
Relations section of the company's Internet web site at http://www.stanleyworks.com.
SOURCE The Stanley Works
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Related links:
http://www.StanleyWorks.com
Company News On-Call:
http://www.prnewswire.com/comp/874363.html
CONTACT:
Gerry Gould, VP, Investor Relations of The
Stanley Works, +1-860-827-3833, ggould@stanleyworks.com
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