NYSE:FBINBuilding
Fortune Brands CEO Shift Puts Cost Cuts And Margins In Focus
Fortune Brands Innovations (NYSE:FBIN) appointed longtime board member and consumer products executive Amit Banati as CEO, effective May 2026.
Banati will succeed Nicholas Fink, whose departure sets up a planned transition period for the company.
Board chair Susan Kilsby will take on interim leadership responsibilities during the handover.
The leadership change comes while the company is working through operational restructuring, margin pressures, and cost-saving efforts.
For investors, the...