Fortune Brands Innovations, an industry-leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens, today announced that its Board of Directors has unanimously appointed Jesse G. Singh as Chief Executive Officer and to the Board of Directors. Singh will start as CEO and join the Board effective today, June 29, 2026.
Singh has more than three decades of leadership experience across building products, consumer, technology, and manufacturing sectors. Most recently, he was CEO of The AZEK Company from 2016 to 2025, where he drove operational excellence, margin expansion, innovation, and culture transformation. During his tenure, Singh delivered profitable growth and meaningful EBITDA margin expansion, resulting in a significant increase in shareholder value.
“Following a comprehensive search process, the Board is pleased to appoint Jesse Singh as Fortune Brands’ next CEO. Jesse is a proven public-company executive with deep experience leading building products and branded consumer products businesses from his time at AZEK, 3M, and GE. With Jesse’s focus on operational excellence and outstanding record of success, we believe he is the right leader to build on Fortune Brands’ strong brands, channel positions and innovation capabilities to strengthen performance and generate long-term shareholder value,” said Non-Executive Chair of the Board Susan Kilsby.
Singh stated, “Fortune Brands has iconic brands, solid customer relationships and talented teams across its businesses. I see a compelling opportunity to build on the Company’s foundation and deliver durable value for customers, partners and shareholders.”
David Barry, who has been serving as Interim CEO, has been named Executive Vice President and Chief Operating Officer. In this role, Barry will work closely with Singh in the day-to-day leadership of the organization. Additionally, Interim CFO Ashley George will continue in her current role while the search for the Company’s next CFO continues.
“On behalf of the Board, I would like to thank Dave for the strong leadership he has provided since he was appointed Interim CEO on March 16. Dave has worked with our leadership team to meaningfully improve underlying business performance and ensure Fortune Brands continues to build momentum during this period of transition. We look forward to his continued contributions as he steps into the COO role,” Kilsby said.
“I am eager to work with the Board, Dave, Ashley and associates across the Company to strengthen execution, serve customers and unlock the full potential of the portfolio,” Singh said.
As previously disclosed, Fortune Brands has initiated a strategic review of the Fiberon business. Going forward, Kilsby will directly oversee the operations of the Fiberon business.
To learn more about Singh’s career history, please visit the Fortune Brands website.
Inducement Awards Pursuant to NYSE Rule 303A.08
In connection with Singh’s appointment as the Company’s new CEO and as an inducement for him to join the Company, the Company has agreed to grant to him, effective July 1, 2026, inducement awards in the form of a performance-based restricted stock unit award with respect to 850,000 shares of the Company’s common stock (the “Performance Award”) and a service-based stock option award with respect to 300,000 shares of the Company’s common stock (the “Option Award”).
The Performance Award is scheduled to vest with respect to 50% of the award on the third anniversary of the grant date and 50% on the fourth anniversary of the grant date, subject to the satisfaction of certain performance goals relating to average Company common stock price and to Singh’s continuous employment through the applicable vesting date. The Option Award is scheduled to vest in three equal installments on the first three anniversaries of the grant date, subject to Singh’s continuous employment through the applicable vesting date. Any shares received under the Performance Award and the Option Award must be retained for the duration of Singh’s employment, and following the termination of his employment for any reason, a minimum of 50% of the shares received under the Performance Award and the Option Award must be held by Singh for one-year post termination from the Company. The Performance Award and the Option Award will each be granted to Singh outside of the Company’s 2022 Long-Term Incentive Plan as an employment inducement award under Section 303A.08 of the New York Stock Exchange Listed Company Manual.
About Fortune Brands Innovations
Fortune Brands Innovations, Inc. (NYSE: FBIN) is an industry-leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. The Company’s trusted brands include Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, Sentry Safe and Yale residential. Learn more at www.fbin.com.
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