2025 Power 50: 13. Donald Allan Jr.
HBJ PHOTO | SKYLER FRAZER
Donald Allan Jr., president and CEO of Stanley Black & Decker.
Donald Allan Jr. is president and CEO of Stanley Black & Decker, the New-Britain headquartered toolmaker with a global reach. Stanley currently employs more than 48,500 employees in 60 countries.
Around half of its 100 manufacturing plants are in the U.S.
Stanley’s global footprint has put Allan at the forefront of the renewed debate over tariffs. In response to the Trump administration’s stance on trade restrictions, he has said the company is continuing to move manufacturing of goods for the U.S. market out of China, although he has stressed that this is an intensification of a policy that has been underway for a long time.
“Back seven or eight years ago, 40% of what we sold in the U.S. came from China,” Allan said in an earnings call in early 2025. “Now we’re down… around 15%.”
He has also stressed that the company is not shy about its views on global manufacturing. “We continue to engage with the president and his new administration,” Allan said.
Find out who else is in the 2025 Power 50
Allan, 60, joined the company in 1999 as assistant controller, previously having worked in financial management with Loctite Corp., and nine years at Ernst & Young.
He became an executive officer in 2006 in the company’s previous iteration as Stanley Works, and helped to shepherd it through the merger with rival Black & Decker. He was made chief financial officer before becoming CEO in 2022.
In the corner office, Allan has overseen a $2 billion cost-cutting effort, and championed the simplification of Stanley Black & Decker’s portfolio, including leading the divestitures of the security and oil and gas businesses.
Allan serves as board chair of the regents for the University of Hartford and is a board member of Hartford HealthCare. Additionally, he serves on several nonprofit boards, including Junior Achievement of Southwest New England, Boy Scouts Connecticut Rivers Council and AdvanceCT, Connecticut’s private nonprofit economic development organization.
Allan earned his bachelor’s degree in accounting from the University of Hartford and is a certified public accountant.
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