Jim Loree, President and CEO of Stanley Black & Decker, will deliver a keynote address on manufacturing and its role in building a more sustainable Connecticut economy during Tunxis Community College Foundation’s Annual Economic Breakfast and Networking Event on October 2, at 7:30 a.m. at the DoubleTree by Hilton in Bristol.
Proceeds from the breakfast will support student scholarships and campus initiatives at Tunxis Community College in Farmington.
Jim Loree joined Stanley Black & Decker in 1999, first as CFO, then COO, before his promotion to President and CEO in 2016. In these roles, he led restructuring of the manufacturer and company portfolio, increasing annual revenue to $13 billion through acquisitions, mergers and organic growth.
Under Loree’s CEO leadership, the company’s central focus is creating a sustainable enterprise to ensure the company’s long-term success. Stanley Black & Decker is the world’s largest tool and storage company, with more than 58,000 employees across 60 countries. The Fortune 500 manufacturer aims to increase revenue to $22 billion by 2022 with a strategy to become an organization focused on delivering societal good through its innovations and business model approach.
During his tenure as CEO, the company has been recognized in a number of notable lists, including Forbes’ America’s Best Employers for Diversity, Barron’s 100 Most Sustainable Companies, Fortune’s Most Admired Companies, Dow Jones Sustainability Index, Mogul’s Top 100 Innovators in Diversity & Inclusion and Top 100 for Millennial Women.
Prior to Stanley Black & Decker, Loree had a successful 19-year career with GE, as well as positions in financial and operations management in industrial businesses, corporate, and commercial banking. He is an active member of the business community and non-profit sector. He is also a director of Whirlpool Corporation, serves as trustee of his alma mater, Union College, and is a director of both Hartford Hospital and the Jim and Rebecca Loree Foundation. Loree is a member of the Wall Street Journal CEO Council, the Business Roundtable, the U.S. Chamber of Commerce, Fortune’s CEO Initiative and the CEO Action for Diversity & Inclusion. He is also a director for the National Association of Manufacturers.
Sponsorship levels and program book ads are still available. Individual admission is $70 and is tax-deductible. (Please note: the ticket deadline has been extended for this.) Tickets and sponsorships must be reserved by September 21, which can be purchased online at tunxis.edu/donate, or www.tunxisfoundation.org. For more information, please call 860.773.1357; or email firstname.lastname@example.org.
Tunxis Community College Foundation, established in 1970, is a 501(c)(3) nonprofit organization led by an executive director and managed by a board of directors composed of faculty, business and community leaders. Its mission is to raise funds for Tunxis Community College to support scholarships, special learning projects, the arts and student veterans. Visit the Tunxis Foundation website at www.tunxisfoundation.org.