leadership
confidence high
sentiment neutral
materiality 0.30
Fortune Brands elects ex-Armstrong CEO Victor Grizzle to board; Mackay, Hackett to retire
Fortune Brands Innovations, Inc.
- Victor Grizzle elected Class I director effective January 1, 2027, term running to the 2027 annual meeting; named to Nominating/Governance and Compensation committees.
- Grizzle is Executive Chair of Armstrong World Industries after 10 years as its President and CEO; earlier held senior roles at Valmont Industries and GE, and is a Franklin Electric director.
- David Mackay retires from the board December 9, 2026 after 15 years of service; the company said the move is not due to any disagreement.
- Ann Fritz Hackett will retire immediately following the 2027 annual meeting; she is reclassified as a Class III director effective December 9, 2026 to rebalance board classes.
- Mackay and Hackett both joined the board in 2011 when Fortune Brands began trading as a standalone company after its spin-off; Chair Susan Kilsby thanked both.