secwatch / observer
8-K filed December 15, 2022, 6:59 PM ET ticker MBC CIK 0001941365
other material confidence high sentiment neutral materiality 0.80

MasterBrand, Inc. (MBC): M&A transaction — MasterBrand completes spin-off from Fortune Brands; begins trading as independent MBC

MasterBrand, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

David D. Petratis

Non-Executive Chairman of the Board of Directors
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
David D. Petratis serves as Non-Executive Chairman of the Board of Directors.
Appointed

Ann Fritz Hackett

Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Ann Fritz Hackett 68 Class I—Expiring 2023
Departed (interim)

Nicholas I. Fink

Interim Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
On December 14, 2022, Nicholas I. Fink and Patrick D. Hallinan, who served as interim members of the Board prior to the Distribution, resigned
Appointed

Robert C. Crisci

Director
MBC · MasterBrand, Inc.
Effective
2022-12-09
Filed
December 15, 2022, 6:59 PM ET
On December 9, 2022, Robert C. Crisci was appointed to the Board of Directors (the “Board”) and as a member of the Board’s Audit Committee.
Appointed

Bruce A. Kendrick

Executive Vice President and Chief Human Resources Officer
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Bruce A. Kendrick 56 Executive Vice President and Chief Human Resources Officer
Appointed

David D. Petratis

Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
David D. Petratis 65 Class II—Expiring 2024
Departed (interim)

Patrick D. Hallinan

Interim Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
On December 14, 2022, Nicholas I. Fink and Patrick D. Hallinan, who served as interim members of the Board prior to the Distribution, resigned
Appointed

Juliana L. Chugg

Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Juliana L. Chugg 55 Class II—Expiring 2024
Appointed

Andrean Horton

Executive Vice President, Chief Legal Officer and Secretary
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Andrean Horton 48 Executive Vice President, Chief Legal Officer and Secretary
Appointed

R. David Banyard, Jr.

Chief Executive Officer
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
R. David Banyard, Jr. 54 Chief Executive Officer and Director
Appointed

Navi Grewal

Executive Vice President and Chief Digital and Technology Officer
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Navi Grewal 49 Executive Vice President and Chief Digital and Technology Officer
Appointed

Martin S. Van Doren

Executive Vice President, Sales
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Martin S. Van Doren 59 Executive Vice President, Sales
Appointed

R. David Banyard, Jr.

Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
R. David Banyard, Jr. 54 Class I—Expiring 2023
Appointed

Andrea H. Simon

Executive Vice President and Chief Financial Officer
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Andrea H. Simon 46 Executive Vice President and Chief Financial Officer
Appointed

Jeffery S. Perry

Director
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Jeffery S. Perry 57 Class III—Expiring 2025
Appointed

Mark Young

Vice President, Chief Accounting Officer
MBC · MasterBrand, Inc.
Effective
2022-12-14
Filed
December 15, 2022, 6:59 PM ET
Mark Young 45 Vice President, Chief Accounting Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David D. Petratis was elected as Non-Executive Chairman of the Board of Directors at MasterBrand, Inc..

Action
elected
Role
Non-Executive Chairman of the Board of Directors
Exact text from the filing
David D. Petratis serves as Non-Executive Chairman of the Board of Directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

Ann Fritz Hackett was elected as Director at MasterBrand, Inc..

Action
elected
Role
Director
Exact text from the filing
Ann Fritz Hackett 68 Class I—Expiring 2023
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas I. Fink resigned as Interim Director at MasterBrand, Inc..

Action
resigned
Role
Interim Director
Exact text from the filing
On December 14, 2022, Nicholas I. Fink and Patrick D. Hallinan, who served as interim members of the Board prior to the Distribution, resigned
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Robert C. Crisci was appointed as Director at MasterBrand, Inc..

Action
appointed
Role
Director
Exact text from the filing
On December 9, 2022, Robert C. Crisci was appointed to the Board of Directors (the “Board”) and as a member of the Board’s Audit Committee.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Bruce A. Kendrick was appointed as Executive Vice President and Chief Human Resources Officer at MasterBrand, Inc..

Action
appointed
Role
Executive Vice President and Chief Human Resources Officer
Exact text from the filing
Bruce A. Kendrick 56 Executive Vice President and Chief Human Resources Officer
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

David D. Petratis was elected as Director at MasterBrand, Inc..

Action
elected
Role
Director
Exact text from the filing
David D. Petratis 65 Class II—Expiring 2024
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick D. Hallinan resigned as Interim Director at MasterBrand, Inc..

Action
resigned
Role
Interim Director
Exact text from the filing
On December 14, 2022, Nicholas I. Fink and Patrick D. Hallinan, who served as interim members of the Board prior to the Distribution, resigned
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

Juliana L. Chugg was elected as Director at MasterBrand, Inc..

Action
elected
Role
Director
Exact text from the filing
Juliana L. Chugg 55 Class II—Expiring 2024
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Andrean Horton was appointed as Executive Vice President, Chief Legal Officer and Secretary at MasterBrand, Inc..

Action
appointed
Role
Executive Vice President, Chief Legal Officer and Secretary
Exact text from the filing
Andrean Horton 48 Executive Vice President, Chief Legal Officer and Secretary
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

R. David Banyard, Jr. was appointed as Chief Executive Officer at MasterBrand, Inc..

Action
appointed
Role
Chief Executive Officer
Exact text from the filing
R. David Banyard, Jr. 54 Chief Executive Officer and Director
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Navi Grewal was appointed as Executive Vice President and Chief Digital and Technology Officer at MasterBrand, Inc..

Action
appointed
Role
Executive Vice President and Chief Digital and Technology Officer
Exact text from the filing
Navi Grewal 49 Executive Vice President and Chief Digital and Technology Officer
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Martin S. Van Doren was appointed as Executive Vice President, Sales at MasterBrand, Inc..

Action
appointed
Role
Executive Vice President, Sales
Exact text from the filing
Martin S. Van Doren 59 Executive Vice President, Sales
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

R. David Banyard, Jr. was elected as Director at MasterBrand, Inc..

Action
elected
Role
Director
Exact text from the filing
R. David Banyard, Jr. 54 Class I—Expiring 2023
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Andrea H. Simon was appointed as Executive Vice President and Chief Financial Officer at MasterBrand, Inc..

Action
appointed
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
Andrea H. Simon 46 Executive Vice President and Chief Financial Officer
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

Jeffery S. Perry was elected as Director at MasterBrand, Inc..

Action
elected
Role
Director
Exact text from the filing
Jeffery S. Perry 57 Class III—Expiring 2025
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Young was appointed as Vice President, Chief Accounting Officer at MasterBrand, Inc..

Action
appointed
Role
Vice President, Chief Accounting Officer
Exact text from the filing
Mark Young 45 Vice President, Chief Accounting Officer
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MasterBrand, Inc.: Filed Amended and Restated Certificate of Incorporation (effective 2022-12-14).

Change
charter amendment
Effective
2022-12-14
Exact text from the filing
on December 13, 2022, the Company filed an Amended and Restated Certificate of Incorporation (the “ Charter ”) with the Secretary of State of the State of Delaware, which became effective on December 14, 2022.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MasterBrand, Inc.: Amended bylaws to increase board size from three to four members (effective 2022-12-09).

Change
bylaw amendment
Effective
2022-12-09
Exact text from the filing
Effective December 9, 2022, the Company amended its bylaws to increase the size of the Board from three to four members to permit the appointment of Robert C. Crisci to the Audit Committee, as described under Item 5.02 of this report.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MasterBrand, Inc.: Adopted Code of Business Conduct and Ethics and Corporate Governance Principles.

Change
code of ethics
Exact text from the filing
In connection with the Distribution, the Board adopted a Code of Business Conduct and Ethics and Corporate Governance Principles effective as of immediately prior to the Effective Time.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MasterBrand, Inc.: Amended and Restated Bylaws became effective (effective 2022-12-14).

Change
bylaw amendment
Effective
2022-12-14
Exact text from the filing
The Amended and Restated Bylaws of the Company (the “ Bylaws ”) also became effective on December 14, 2022.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

MasterBrand, Inc. underwent a change of control involving Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.) (closed 2022-12-14).

Action
change of control
Counterparty
Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.)
Closing
2022-12-14
Exact text from the filing
On December 14, 2022 (the “ Distribution Date ”), Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.) (“ Fortune Brands ”) completed the previously announced legal and structural separation and distribution of all of the outstanding shares of common stock, par value of $0.01 per share, of MasterBrand, Inc.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MasterBrand, Inc. entered into Transition Services Agreement with Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.) (effective 2022-12-14).

Action
entry
Agreement
supply
Counterparty
Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.)
Effective
2022-12-14
Exact text from the filing
Fortune Brands entered into several agreements with the Company setting forth the principal actions taken or to be taken in connection with the Distribution and governing the relationship of the parties following the Distribution, including the following: • a Separation and Distribution Agreement; • a Transition Services Agreement; • a Tax Allocation Agreement; and • an Employee Matters Agreement.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MasterBrand, Inc. entered into Separation and Distribution Agreement with Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.) (effective 2022-12-14).

Action
entry
Agreement
supply
Counterparty
Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.)
Effective
2022-12-14
Exact text from the filing
Fortune Brands entered into several agreements with the Company setting forth the principal actions taken or to be taken in connection with the Distribution and governing the relationship of the parties following the Distribution, including the following: • a Separation and Distribution Agreement; • a Transition Services Agreement; • a Tax Allocation Agreement; and • an Employee Matters Agreement.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MasterBrand, Inc. entered into Tax Allocation Agreement with Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.) (effective 2022-12-14).

Action
entry
Agreement
supply
Counterparty
Fortune Brands Home & Security, Inc. (now known as Fortune Brands Innovations, Inc.)
Effective
2022-12-14
Exact text from the filing
Fortune Brands entered into several agreements with the Company setting forth the principal actions taken or to be taken in connection with the Distribution and governing the relationship of the parties following the Distribution, including the following: • a Separation and Distribution Agreement; • a Transition Services Agreement; • a Tax Allocation Agreement; and • an Employee Matters Agreement.
View on SEC.gov

42 governance changes filed in the last 30 days. Browse all governance changes →

MasterBrand, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-22-306031
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