SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 5, 1998 The Stanley Works (Exact name of registrant as specified in charter) Connecticut 1-5224 06-058860 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1000 Stanley Drive, New Britain, Connecticut 06053 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(860) 225-5111 Not Applicable (Former name or former address, if changed since last report) Page 1 of 5 Pages Exhibit Index is located on Page 4 Item 5. Other Events. 1. The Registrant announced today the appointment of John M. Turner as President, Consumer Sales Americas, effective December 31, 1998. Mr. Turner is succeeding Thomas E. Mahoney, Jr. who is retiring at the end of the year. Attached as Exhibit (20)(i) is a copy of the Registrant's press release. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) 20(i) Press Release dated November 5, 1998 announcing the appointment of John M. Turner and the retirement of Thomas E. Mahoney, Jr. Page 2 of 5 Pages SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. THE STANLEY WORKS Date: November 5, 1998 By: STEPHEN S. WEDDLE Name: Stephen S. Weddle Title: Vice President, General Counsel and Secretary Page 3 of 5 Pages EXHIBIT INDEX Current Report on Form 8-K Dated November 5, 1998 Exhibit No. Page 20(i) 5 Page 4 of 5 Pages Exhibit (20) (i) The Stanley Works Names John Turner President, Consumer Sales Americas New Britain, Conn., November 5, 1998: The Stanley Works (NYSE: "SWK") today announced the appointment of John M. Turner, 52, as President, Consumer Sales Americas, effective December 1, 1998. Turner has been Vice President, Global Sales for Federal Express Corporation since 1994. In that role, he was responsible for establishing a sales organization which today generates more than $4 billion in revenues from corporate accounts. In 1996, his organization received the "Best Sales Force Award" from Sales and Marketing Management magazine. Turner joined FedEx in 1984 following an 11-year sales career with Xerox. In 1987, after progressing rapidly through two regional sales management positions, he was assigned to establish a government sales division. This division increased government sales from $11 million to $200 million. "John Turner brings us broad sales experience from two world-class companies and a proven track record for driving growth and building teams," said John M. Trani, Stanley Chairman and CEO. "He is the ideal leader to help us grow revenues at twice the industry rate." Turner holds a B.S. in Business and Marketing from the State University of New York. He succeeds Thomas E. Mahoney, Jr., who is retiring at the end of the year after 33 years of outstanding service in a wide variety of Stanley leadership positions. Contact: Vance Meyer, office (860) 827-3871; home (203) 795-0581 Page 5 of 5 Pages