Fortune Brands Innovations Management
Management criteria checks 2/4
Fortune Brands Innovations' CEO is Nick Fink, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $11.49M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth $46.05M. The average tenure of the management team and the board of directors is 1.7 years and 5.3 years respectively.
Key information
Nick Fink
Chief executive officer
US$11.5m
Total compensation
| CEO salary percentage | 10.8% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.7yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Is There Now An Opportunity In Fortune Brands Innovations, Inc. (NYSE:FBIN)?
Apr 19
Here's Why Fortune Brands Innovations (NYSE:FBIN) Can Manage Its Debt Responsibly
Mar 20Fortune Brands: Fully Re-Rated Following Its Transformation
Mar 04Is Now The Time To Look At Buying Fortune Brands Innovations, Inc. (NYSE:FBIN)?
Jan 18Some Shareholders Feeling Restless Over Fortune Brands Innovations, Inc.'s (NYSE:FBIN) P/E Ratio
Dec 26Fortune Brands: Improving Outlook And Reasonable Valuations
Dec 11Calculating The Fair Value Of Fortune Brands Innovations, Inc. (NYSE:FBIN)
Dec 05Fortune Brands Innovations (NYSE:FBIN) Is Reducing Its Dividend To $0.23
Oct 29Fortune Brands Innovations' (NYSE:FBIN) Shareholders Will Receive A Smaller Dividend Than Last Year
Oct 06Fortune Brands Innovations (NYSE:FBIN) Has Announced That Its Dividend Will Be Reduced To $0.23
Sep 22Fortune Brands Innovations: Sell Amid Growth Struggles
Sep 15At US$65.43, Is Fortune Brands Innovations, Inc. (NYSE:FBIN) Worth Looking At Closely?
Sep 12Fortune Brands: Good Growth At A Reasonable Price
Sep 05A Look At The Intrinsic Value Of Fortune Brands Innovations, Inc. (NYSE:FBIN)
Aug 22Fortune Brands Innovations (NYSE:FBIN) Will Pay A Smaller Dividend Than Last Year
Aug 04These 4 Measures Indicate That Fortune Brands Innovations (NYSE:FBIN) Is Using Debt Reasonably Well
Jul 21Fortune Brands: Not Worth Chasing
Jun 19At US$65.76, Is It Time To Put Fortune Brands Innovations, Inc. (NYSE:FBIN) On Your Watch List?
Jun 12Fortune Brands Innovations' (NYSE:FBIN) Dividend Will Be Reduced To $0.23
May 19These 4 Measures Indicate That Fortune Brands Innovations (NYSE:FBIN) Is Using Debt Reasonably Well
Apr 17Is Fortune Brands Innovations, Inc. (NYSE:FBIN) Potentially Undervalued?
Mar 14Fortune Brands Innovations: Entering A New Era Amidst Serious Macro Headwinds
Feb 23Fortune Brands Home & Security GAAP EPS of $1.56 beats by $0.24, revenue of $1.14B in-line
Feb 16Fortune Brands Innovations appoints David Barry CFO; reaffirms FY22 sales growth & EPS guidance
Jan 23Fortune Brands Home & Security cuts dividend by ~18%
Dec 13Fortune Brands Home & Security (NYSE:FBHS) Has More To Do To Multiply In Value Going Forward
Oct 15Buy Fortune Brands Ahead Of $24/Share Of Cash Generation And Doubling Of FCF
Oct 10Does Fortune Brands Home & Security (NYSE:FBHS) Have A Healthy Balance Sheet?
Oct 03Fortune Brands Home & Security declares $0.28 dividend
Sep 28Why Fortune Brands Home & Security, Inc. (NYSE:FBHS) Could Be Worth Watching
Sep 19Fortune Brands Should Be Able To Manage Downturn Well
Aug 18Fortune Brands acquires shower products manufacturer, Aqualisa for $160M
Aug 01Fortune Brands Home & Security, Inc.'s (NYSE:FBHS) Intrinsic Value Is Potentially 77% Above Its Share Price
Aug 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 30 2024 | n/a | n/a | US$416m |
| Dec 30 2023 | US$11m | US$1m | US$406m |
| Sep 30 2023 | n/a | n/a | US$452m |
| Jul 01 2023 | n/a | n/a | US$457m |
| Apr 01 2023 | n/a | n/a | US$499m |
| Dec 31 2022 | US$10m | US$1m | US$540m |
| Sep 30 2022 | n/a | n/a | US$375m |
| Jun 30 2022 | n/a | n/a | US$435m |
| Mar 31 2022 | n/a | n/a | US$508m |
| Dec 31 2021 | US$10m | US$1m | US$560m |
| Sep 30 2021 | n/a | n/a | US$761m |
| Jun 30 2021 | n/a | n/a | US$723m |
| Mar 31 2021 | n/a | n/a | US$622m |
| Dec 31 2020 | US$10m | US$1m | US$380m |
| Sep 30 2020 | n/a | n/a | US$494m |
| Jun 30 2020 | n/a | n/a | US$435m |
| Mar 31 2020 | n/a | n/a | US$456m |
| Dec 31 2019 | US$5m | US$805k | US$432m |
| Sep 30 2019 | n/a | n/a | US$413m |
| Jun 30 2019 | n/a | n/a | US$407m |
| Mar 31 2019 | n/a | n/a | US$399m |
| Dec 31 2018 | US$3m | US$568k | US$390m |
| Sep 30 2018 | n/a | n/a | US$433m |
| Jun 30 2018 | n/a | n/a | US$462m |
| Mar 31 2018 | n/a | n/a | US$473m |
| Dec 31 2017 | US$2m | US$531k | US$475m |
Compensation vs Market: Nick's total compensation ($USD11.49M) is above average for companies of similar size in the US market ($USD8.39M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
CEO
Nick Fink (48 yo)
4.3yrs
Tenure
US$11,487,439
Compensation
Mr. Nicholas Ian Fink, also known as Nick, serves as Independent Director at Constellation Brands, Inc. since January 4, 2021. He serves as Chief Executive Officer and Director of Fortune Brands Innovation...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.3yrs | US$11.49m | 0.50% $ 46.1m | |
| Executive VP & Group President | 1.7yrs | US$3.97m | 0.093% $ 8.6m | |
| Executive VP & CFO | 1.2yrs | US$2.66m | 0.020% $ 1.8m | |
| Executive VP | 2.4yrs | US$2.08m | 0.013% $ 1.2m | |
| Executive VP & Chief Transformation Officer | less than a year | US$2.07m | 0.13% $ 12.1m | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| VP of Investor Relations & Corporate Affairs | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Executive VP & Chief HR Officer | less than a year | no data | no data | |
| Advisor | 5.8yrs | US$2.58m | 0.11% $ 9.8m | |
| Executive VP and Chief Growth & Digital Officer | 4.3yrs | no data | 0.021% $ 1.9m | |
| Executive VP & Chief Supply Chain Officer | 1.7yrs | no data | 0.0053% $ 485.2k |
1.7yrs
Average Tenure
50yo
Average Age
Experienced Management: FBIN's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.3yrs | US$11.49m | 0.50% $ 46.1m | |
| Independent Director | 12.7yrs | US$301.43k | 0.016% $ 1.5m | |
| Independent Director | 12.4yrs | US$286.45k | 0.034% $ 3.2m | |
| Independent Director | 12.7yrs | US$306.70k | 0.012% $ 1.1m | |
| Independent Director | 12.7yrs | US$261.30k | no data | |
| Independent Non Executive Chair | 8.8yrs | US$493.95k | 0.014% $ 1.3m | |
| Independent Director | 5.3yrs | US$260.75k | 0.011% $ 1.0m | |
| Independent Director | 3.7yrs | US$286.43k | 0.0046% $ 422.7k | |
| Independent Director | less than a year | US$230.55k | 0.0019% $ 178.3k | |
| Independent Director | 1.2yrs | US$293.22k | 0.0023% $ 213.2k | |
| Independent Director | 3.4yrs | US$286.45k | 0.0046% $ 422.7k |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: FBIN's board of directors are considered experienced (5.3 years average tenure).