The Board of Directors of The Stanley Works elects a new member, Robert B. Coutts, executive vice president, Electronic Systems of the Lockheed Martin Corporation.
Bert Alfonso, vice president, finance and planning, North American Commercial Group, is named senior vice president, chief financial officer for The Hershey Company, effective immediately.
Energizer Holding Inc. made noise in a somewhat quiet market when it announced the signing of a definitive agreement to acquire Playtex for $1.16 billion plus the assumption of Playtex debt.