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 NEW BRITAIN, Conn., Oct. 27 /PRNewswire/ -- The Stanley Works (NYSE: SWK) board of directors today elected a new member, Eileen S. Kraus, president, Shawmut Bank of Connecticut and vice chairman Shawmut National Corporation. The election of Ms. Kraus brings the board's membership to 14.
 Richard H. Ayers, chairman and chief executive officer of The Stanley Works said, "We are very pleased to have Eileen Kraus on Stanley's board. She has had extensive experience leading a major Connecticut bank through the difficult economic period that continues to plague New England. Her experience and business acumen will make her an invaluable contributor to Stanley. She has also been a highly visible and effective community leader throughout her career and she possesses an important perspective on the increasingly pervasive impact of government regulation on the business community."
 Shawmut National Corporation is the holding company of Shawmut Bank Connecticut, N.A., formerly Connecticut National Bank (CNB). Ms. Kraus joined CNB in 1979 as vice president, human resources planning and development, after operating her own career management firm in West Hartford, Conn.
 In 1980 she was appointed senior vice president and manager, CNB human resources division, and in 1983 she was promoted to senior vice president marketing and communications division. She was named senior vice president community banking and marketing group in 1985, and prior to her election as bank president, she was named executive vice president.
 A graduate of Mount Holyoke College, South Hadley, Mass., Ms. Kraus also holds a Masters Degree from Trinity College in Hartford. She is on the board of directors of Yankee Energy Systems, Inc., Meriden, Conn. She is chairman of the Greater Hartford Chamber of Commerce; and a member of the board of trustees and executive committee of Trinity College, Kingswood-Oxford School in West Hartford, and the Horace Bushnell Memorial Hall in Hartford.
 Ms. Kraus was recipient of the New England Council's 1993 Leadership Award to Women in Business, and she was named 1990 Connecticut Business Leader of the Year by The Hartford Courant.
 Ms. Kraus and her husband, Hal, have two children and live in West Hartford, Conn.
 -0- 10/27/93
 /CONTACT: Patricia McLean, manager-corporate communications of The Stanley Works, 203-827-3833/

CO: The Stanley Works ST: Connecticut IN: SU: PER

TS -- NY083 -- 7346 10/27/93 13:25 EDT
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Publication:PR Newswire
Date:Oct 27, 1993

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