Stanley Black &
Decker Hand Tools and Storage Group
Lee McChesney is the President of Hand Tools & Storage at Stanley Black & Decker.
In this role, he is responsible for leading this global $4 Billion business that goes to market through a brand portfolio that includes STANLEY, DEWALT, IRWIN, LENOX, CRAFTSMAN, BLACK+DECKER, FACOM, and MAC TOOLS, amongst many others. He is currently also responsible for the integration of the IRWIN, LENOX, HILMOR, and CRAFTSMAN acquisitions into Stanley Black & Decker.
Prior to assuming his current role, Lee was the Chief Financial Officer of the $8 Billion Global Tools & Storage (GTS) division at Stanley Black & Decker since 2010. As CFO, he oversaw all financial and business development responsibilities for the division and played a key role in leading GTS to double sales volume, double operating margin, and double working capital turns. Today, GTS is the largest, fastest growing, most global, most innovative, and most profitable tool company in the world.
Lee began his career at United Technologies Corporation, where he graduated from their Financial Leadership program. He joined The Stanley Works in 1999 as a Senior Financial Analyst, and he has held various finance and operating roles across the company. He was CFO of Stanley Security Solutions, Stanley Mechanical Access Solutions, Stanley Assembly Technologies, and he led Financial Planning & Analysis at Stanley Black & Decker. Lee also served as leader of Stanley Security Asia, Stanley Black & Decker’s licensing business, and he was leader of the Industrial Group (Mac Tools, Stanley Workplace Solutions, and Jensen).
Lee graduated magna sum laude from the University of Connecticut’s business school and holds an M.B.A. from the University of Massachusetts. Lee also serves on the Board of Directors for Junior Achievement of Central Maryland, which strives to empower young people to own their future economic success.