Fortune Brands Announces Governance and Leadership Updates
Fortune Brands Innovations, Inc. (FBIN)
Company Research
Source: Business Wire
Company Initiates Comprehensive CEO Search ProcessDavid Barry Appointed Interim CEOEd Garden Appointed to Board of DirectorsCompany to Include Proposal in Proxy Statement to Eliminate Classification of the Board DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), today announced a series of governance and leadership updates:The Board has launched a comprehensive search process, with the assistance of a leading executive search firm, to identify the Company’s next Chief Executive Officer;Amit Banati has decided to step aside and will no longer assume the role of CEO in May. He has also stepped down from the Board;David Barry, President of Security and Connected Products, has been appointed to serve as Interim CEO, effective immediately. Nicholas Fink has accelerated his planned departure from the Company; andThe Board has appointed Ed Garden, Founding Partner and CEO of Garden Investments, as a director in connection
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FBIN
News
- Fortune Brands Innovations (NYSE:FBIN) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Fortune Brands Innovations (NYSE:FBIN) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $69.00 to $61.00. They now have a "buy" rating on the stock.MarketBeat
- Fortune Brands Innovations (NYSE:FBIN) had its price target lowered by analysts at BMO Capital Markets from $62.00 to $56.00. They now have a "market perform" rating on the stock.MarketBeat
- Fortune Brands Innovations (NYSE:FBIN) was given a new $64.00 price target on by analysts at Wolfe Research.MarketBeat
- Fortune Brands Innovations (NYSE:FBIN) was given a new $55.00 price target on by analysts at Robert W. Baird.MarketBeat
FBIN
Earnings
- 2/12/26 - Miss
FBIN
Sec Filings
- 3/16/26 - Form 8-K
- 3/16/26 - Form 8-K
- 3/3/26 - Form 4
- FBIN's page on the SEC website