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The Stanley Works Builds Board Membership

The Board of Directors of The Stanley Works announces the election of a new member, Carlos M. Cardoso, president and chief executive officer of Kennametal Inc. Prior to his tenure with Kennametal, Cardoso was president of the $1.3 billion Pump Division of Flowserve Corporation and previously held operating and general management positions of increasing responsibility during six years with Honeywell/Allied Signal. John F. Lundgren, Chairman and Chief Executive Officer of The Stanley Works, states: "Carlos Cardoso brings an impressive record of business success, a wide range of experiences in marketing, sales, service and operations and a global business perspective to our Board. He is a citizen of the world, having lived and worked on three continents, and he will be a valuable advisor in our pursuit of global growth. We welcome him enthusiastically and we look forward to his contributions."
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