Fortune Brands CEO search launched; Banati steps aside, Barry interim CEO; CFO Baksht departs

Fortune Brands Innovations, Inc.

Amit Banati will no longer assume CEO role in May and has stepped down from the Board.
David Barry, President of Security & Connected Products, appointed Interim CEO effective immediately.
CFO Jonathan Baksht resigned; Ashley George named Interim CFO.
Ed Garden, Founding Partner of Garden Investments, appointed to Board as part of cooperation agreement.
Company will propose declassification of Board at 2026 annual meeting; full-year 2026 outlook update expected on Q1 earnings call.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fortune Brands Innovations, Inc. entered into Cooperation Agreement with Garden Investment Management, L.P. (effective 2026-03-16).

Action: entry
Counterparty: Garden Investment Management, L.P.
Effective: 2026-03-16

Exact text from the filing

On March 16, 2026, Fortune Brands Innovations, Inc. (the “ Company ”) entered into a Cooperation Agreement (the “ Cooperation Agreement ”) with Garden Investment Management, L.P. (“ GI ”).

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314 material agreements filed in the last 30 days. Browse all material agreements →

Fortune Brands Innovations, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-108635

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