leadership
confidence high
sentiment neutral
materiality 0.65
Cornerstone Building Brands names Gunner Smith as CEO, effective Aug 11
Cornerstone Building Brands, Inc.
- Gunner Smith, previously President of Roofing at Owens Corning, appointed CEO and Board member; John Krenicki resigns as interim CEO but remains Chairman.
- Smith receives $1.05M base salary, 125% target annual bonus, $1.45M cash signing bonus, and equity grants of 23,530 restricted units and 300,000 incentive units.
- CFO Jeffrey Lee gets base salary increase from $630k to $700k and a one-time grant of 50,000 Class B Units, effective Aug 1, 2025.
- Appointment follows comprehensive board search; Smith has over 15 years of building products industry experience.
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