Black & Decker (BDK) Appoints Stephen F. Reeves as CFO

September 5, 2008 5:23 PM EDT

In Today's 8-K Filing From Black & Decker Corp. (NYSE: BDK): On September 5, 2008, the Corporation announced that Michael D. Mangan has been named Senior Vice President of the Corporation and President of the Worldwide Power Tools and Accessories business and Stephen F. Reeves has replaced Mr. Mangan as Senior Vice President and Chief Financial Officer of the Corporation effective immediately.

Mr. Mangan, 51, has been the Corporation's Senior Vice President and Chief Financial Officer since January 2000. Since March 2004, Mr. Reeves, 49, has been a Vice President of the Corporation and Vice President - Global Finance, Power Tools and Accessories. From April 2000 to March 2004, Mr. Reeves was a Vice President of the Corporation and Vice President - Finance, Power Tools and Accessories Group. Prior to that, Mr. Reeves was the Corporation's Controller for six years.

The Black & Decker Corporation is a global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. [SM]

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